South Asian Affairs
Beijingwalker
Senior Member
- Jan 27, 2024
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China will continue to be a global power despite slowing growth and China always treats India as a subsidiary power and ignores India's concerns, says Vijay Gokhale
Jan. 29 2024
Vijay Gokhale, former Foreign Secretary of India, highlighted that China has always treated India as a subsidiary power, ignoring India’s concerns. He suggestedthat there were indicators in 1950 that should have raised awareness of these gaps, but they were overlooked.
Amidst the ongoing liquidation of China’s major real estate firm, China Evergrande Group, which marks a significantshift in the country’s economic strategy and raises concerns about its escalating debt burden, Vijay Gokhale, formerForeign Secretary, said the country will remain formidable. .
Gokhale, in an interview with CNBC-TV18, said China will remain a force to be reckoned with on the global stage —undeterred by Evergrande’s liquidation — even if its growth rate dips to as low as 2%.
Trading of Evergrande’s shares was halted in Hong Kong on Monday after a court ordered the property developer toundergo liquidation due to its failure to restructure a plan for repaying its debts to banks and bondholders.
Gokhale, while acknowledging the opaque nature of China’s economy, pointed out that the country is clearly movingaway from growth led by infrastructure.
Gokhale endorsed Nehru’s strategic vision of China as a crucial partner but admitted that India has not been clear aboutits objectives in dealing with the Communist government in China. This lack of clarity, along with conflicting foreignpolicies, has led to strained relations between the two nations since the 1950s.
He highlighted that China has always treated India as a subsidiary power, ignoring India’s concerns. Gokhale suggestedthat there were indicators in 1950 that should have raised awareness of these gaps, but they were overlooked.
According to Gokhale, the Taiwan Strait remains the most dangerous conflict point in the Indo-Pacific region today,involving both the US and China directly. He emphasized that any friction in the Taiwan Strait, such as a quarantine orblockade, would directly impact the Indian economy. He also noted India’s involvement in previous crises in the TaiwanStrait.
The Galwan clash marked a significant turning point in the India-China relationship, leading to a state of armedcoexistence. Gokhale advocated for dialogue and deterrence as the only way forward for India on China and called for adirect bilateral dialogue with China on the boundary dispute.
Despite the challenges, Gokhale does not foresee the collapse of China. He sees the current geopolitical tensions as anatural opportunity for China to assert its influence. He also highlighted the Indian Navy’s response to attacks in the RedSea as an example of India taking responsibility to maintain peace, contrasting it with China’s lack of efforts to maintainregional peace.
www.cnbctv18.com
Jan. 29 2024
Vijay Gokhale, former Foreign Secretary of India, highlighted that China has always treated India as a subsidiary power, ignoring India’s concerns. He suggestedthat there were indicators in 1950 that should have raised awareness of these gaps, but they were overlooked.
Amidst the ongoing liquidation of China’s major real estate firm, China Evergrande Group, which marks a significantshift in the country’s economic strategy and raises concerns about its escalating debt burden, Vijay Gokhale, formerForeign Secretary, said the country will remain formidable. .
Gokhale, in an interview with CNBC-TV18, said China will remain a force to be reckoned with on the global stage —undeterred by Evergrande’s liquidation — even if its growth rate dips to as low as 2%.
Trading of Evergrande’s shares was halted in Hong Kong on Monday after a court ordered the property developer toundergo liquidation due to its failure to restructure a plan for repaying its debts to banks and bondholders.
Gokhale, while acknowledging the opaque nature of China’s economy, pointed out that the country is clearly movingaway from growth led by infrastructure.
Gokhale endorsed Nehru’s strategic vision of China as a crucial partner but admitted that India has not been clear aboutits objectives in dealing with the Communist government in China. This lack of clarity, along with conflicting foreignpolicies, has led to strained relations between the two nations since the 1950s.
He highlighted that China has always treated India as a subsidiary power, ignoring India’s concerns. Gokhale suggestedthat there were indicators in 1950 that should have raised awareness of these gaps, but they were overlooked.
According to Gokhale, the Taiwan Strait remains the most dangerous conflict point in the Indo-Pacific region today,involving both the US and China directly. He emphasized that any friction in the Taiwan Strait, such as a quarantine orblockade, would directly impact the Indian economy. He also noted India’s involvement in previous crises in the TaiwanStrait.
The Galwan clash marked a significant turning point in the India-China relationship, leading to a state of armedcoexistence. Gokhale advocated for dialogue and deterrence as the only way forward for India on China and called for adirect bilateral dialogue with China on the boundary dispute.
Despite the challenges, Gokhale does not foresee the collapse of China. He sees the current geopolitical tensions as anatural opportunity for China to assert its influence. He also highlighted the Indian Navy’s response to attacks in the RedSea as an example of India taking responsibility to maintain peace, contrasting it with China’s lack of efforts to maintainregional peace.
China will continue to be a major economy, despite Evergrande’s liquidation, says Vijay Gokhale
Vijay Gokhale, former Foreign Secretary of India, highlighted that China has always treated India as a subsidiary power, ignoring India’s concerns. He suggested that there were indicators in 1950 that should have raised awareness of these gaps, but they were overlooked.
