China is changing and changing fast. The change is revisionist in nature with a back to basics approach, driven by demographics and ambition - individual and collective. The entire exercise makes China more militaristic and aggressive than before. It is in this context that Aadi and I have embarked on a three part discussion to examine the new reality of China. In this part we discuss the economics of the reality of China where dark clouds seem to be on the horizon.
‘Sir, will China invade us?’ ‘We hear China has increased activities on the border’. Chinese consolidation activities on the LAC have prompted such reactions and fears. Lot of such inquiries from citizens within and outside India. Why? Bodies floating down Ganga, mass graves, lack of oxygen, medicines or hospital beds, botched vaccination program, uninterrupted work on Central Vista - all these have eroded our political capital immensely and seeded such doubts. Our national institutions are being compared to ‘rottweilers’ in the media. Economy? Unemployment figures and stock markets – both rattling up. Strangest combination. Rich getting richer and poor getting poorer. An ominous divergence which bodes ill. Leadership? Kis Chidiya ka naam hai bhai? National level paralysis in responding to the second wave. Erosion in comprehensive national power. Many have never experienced India being so weak. Nor did I for that matter. This frightening experience ...
Excellent session. Compliments
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