USA is the nation with largest amount of GDP and largest trade in the world.It is USA which has given opportunity to China in spite of its State Capitalism and internal communism without equal rights for all.No religious and freedom of thought. America has thought that more trade will make China more free and responsive to world opinion and more democratic.
With the help of American enterprises China has the largest trade with USA .This trade is in favor of China .Where it is running about 300 billion dollars in Favor of China.China has done well with this trade surplus and has built trade with EU and other American allies and have become largest trading nation with India,Taiwan,Korea and others.
This is good politics for China .In case of India where China is providing lot of manufactured goods it is counter productive for a cheap labor country to buy all the manufactured low value products.One of the reason is that the raw material cost as well as power and other infrastructure costs have handicapped Indian small businesses. Even the Gods are being imported from China made by atheist Chinese Han.The items not officially imported from China are being smuggled in through Nepal,Burma,Bangladesh.
If India wants to be a relevant economic player and want to develop Double GDP in five years it will have to do more trade with USA and other developed nations.In the process the developed nations with their capital can develop India's Infrastructure and education for all where per capita education and income could be raised and may give the benefit of Young and Vibrant India to the all of the aging developed world.
This a short window May be 5 to ten years where India can make the progress and help the world to improve health,education and standard of Living.In this, India with a large number English speaking people has an advantage of ten years against China.In India they can not be lazy because China has Hong Kong and Taiwan which are very developed Communities and are part of the Chinese Sphere of Influence India lacks any such developed relationship.
Our Relationship in the Indian Diaspora in USA,Canada, England,Australia and south Africa can and should be used for development .Such opportunities do not come often and we should not miss them.
It should be made clear to all democratic nations that we want technology transfer in Parity with China a communist country where it is illegal to Teach child Religion of parents till they are 18 years of age.They are raising godless children for over 50 years.In today's China it is feared to be first generation who were godless not by choice after search but by birth where all the training is denial of God as a public Policy.It is a nation where ancient languages and cultures are dying.
Showing posts with label balance of trade. Show all posts
Showing posts with label balance of trade. Show all posts
Friday, January 21, 2011
Wednesday, January 12, 2011
A view on Trade and China,US and Pakistan
Ram Ji Just a view :
China with its trade with west and transfer of technology and manufacturing has become a powerful nation and is able to leverage it in many fields including military power and power projection.
USA,India and Eu can not continue this imbalance in trade in favor of China.This trade will have to be substantially balanced .West with its high labor cost and living standard will have to develop alternate ways to balance this trade .In the process standard of living in west will stagnate and in India and china and other poorer nations it will get better still below the western standard but much better than the historical levels.
This gives a great opportunity to India.India needs to develop infrastructure and need to make products and provide services.With its english proficient population it has advantage for another ten years over others.It needs to tripple trade with US And EU in five years by buying technology and systems and slowly become a provider of low wage labor,services .If we miss the opportunity and are seduced by marginally cheaper goods from China mostly smuggled through Bangladesh,and Nepal.India needs to make sure that no goods are imported from China without Duty so that our economic system is not compromised by this method.
Develop trade with so we may remain relevant USA.It is said America's business is business That means unless we become at least number five or so trader with USA and EU , we will remain irrelevant to the political classes of the west.
Development of soft power with the thinkers of America is another place where we could do better.If you read the book Charlie Wilsons war one becomes aware how he was able to manipulate american system in Pakistans's favor.We should minimally learn how not to become victims of another Charlie Wilson.At times it seems that senator Kerry is acting as new Charlie Wilson.
Senator Kerry is the only american given Highest civilian honors of Pakistani Government.Pakistani Foreign Ministers son works as intern in his office.You guess the relationship and how he had been a supporter of Pakistani Machine while it has killed Ahmadi's, Shia,Sufi civilians.Supported Taliban leadership with training and resources,Have been supporter of anti India Jihadis and terrorists.
Have helped Taliban to attack Amrican and NATO soldiers with american money.Blasphemy laws have created an atmosphere of fear in Pakistan in all the minorities and Pakistan government is unwilling and unable to check Islamic Hardliners.The killer of Punjab Governor Taseer was garlanded with roses by lawyers the stalwarts of Pakistani intelligentia.All the power centers are impotent in face of this challenge and military is Mute.
Cheers
kul bhushan
China with its trade with west and transfer of technology and manufacturing has become a powerful nation and is able to leverage it in many fields including military power and power projection.
USA,India and Eu can not continue this imbalance in trade in favor of China.This trade will have to be substantially balanced .West with its high labor cost and living standard will have to develop alternate ways to balance this trade .In the process standard of living in west will stagnate and in India and china and other poorer nations it will get better still below the western standard but much better than the historical levels.
This gives a great opportunity to India.India needs to develop infrastructure and need to make products and provide services.With its english proficient population it has advantage for another ten years over others.It needs to tripple trade with US And EU in five years by buying technology and systems and slowly become a provider of low wage labor,services .If we miss the opportunity and are seduced by marginally cheaper goods from China mostly smuggled through Bangladesh,and Nepal.India needs to make sure that no goods are imported from China without Duty so that our economic system is not compromised by this method.
Develop trade with so we may remain relevant USA.It is said America's business is business That means unless we become at least number five or so trader with USA and EU , we will remain irrelevant to the political classes of the west.
Development of soft power with the thinkers of America is another place where we could do better.If you read the book Charlie Wilsons war one becomes aware how he was able to manipulate american system in Pakistans's favor.We should minimally learn how not to become victims of another Charlie Wilson.At times it seems that senator Kerry is acting as new Charlie Wilson.
Senator Kerry is the only american given Highest civilian honors of Pakistani Government.Pakistani Foreign Ministers son works as intern in his office.You guess the relationship and how he had been a supporter of Pakistani Machine while it has killed Ahmadi's, Shia,Sufi civilians.Supported Taliban leadership with training and resources,Have been supporter of anti India Jihadis and terrorists.
Have helped Taliban to attack Amrican and NATO soldiers with american money.Blasphemy laws have created an atmosphere of fear in Pakistan in all the minorities and Pakistan government is unwilling and unable to check Islamic Hardliners.The killer of Punjab Governor Taseer was garlanded with roses by lawyers the stalwarts of Pakistani intelligentia.All the power centers are impotent in face of this challenge and military is Mute.
Cheers
kul bhushan
Saturday, December 5, 2009
How US and INDIA may remain relevent to each other.
It is clear that the saying America's business is business is losing relevance in realty unless our leaders in business and government become serious.
China is becoming fast the largest trading partner for many of our allies and trading partners.With large land mass and number of people in the country it seems natural that they will be able to larger trade with many nations.
Sad part of this equation is that All of china trade has benefited from surplus trade with us.We are still struggling to find a way to balanced trade with China and improved trade with other partners.China's trade with India when you include Hong Kong is 30 percent more than that with the US.Still minuscule in comparison to US China Trade. Which is in range of 500 billion dollars a year, and in deficit at tune of almost 300billion dollars.
For this to happen we will have to buy less from China sell more to it and bring the trade in balance.This balanced trade will give us opportunity to develop trade with other nations and again become largest trading partners with them.Many of the developing nations can benefit from trade with US as we have soft and hard technologies to help them. They need power generation ,waterworks,food technologies and other fields where us is the leader.
US trade with INDIA can be doubled in short time by selling nuclear power technology to India.India is Hungry for electric power .Any nation which provides Power generation capacity to electric starved India Will have a pivotal role in its development.Us can fulfill its mandate and sell this capacity which was the purpose of India US nuclear deal.Trade between the countries can be doubled to 80 billion from current 40 billion in five years.Us can also buy services and development systems from India for Afghanistan and help it reduce the cost of development for the projects in Afghanistan.
China is becoming fast the largest trading partner for many of our allies and trading partners.With large land mass and number of people in the country it seems natural that they will be able to larger trade with many nations.
Sad part of this equation is that All of china trade has benefited from surplus trade with us.We are still struggling to find a way to balanced trade with China and improved trade with other partners.China's trade with India when you include Hong Kong is 30 percent more than that with the US.Still minuscule in comparison to US China Trade. Which is in range of 500 billion dollars a year, and in deficit at tune of almost 300billion dollars.
For this to happen we will have to buy less from China sell more to it and bring the trade in balance.This balanced trade will give us opportunity to develop trade with other nations and again become largest trading partners with them.Many of the developing nations can benefit from trade with US as we have soft and hard technologies to help them. They need power generation ,waterworks,food technologies and other fields where us is the leader.
US trade with INDIA can be doubled in short time by selling nuclear power technology to India.India is Hungry for electric power .Any nation which provides Power generation capacity to electric starved India Will have a pivotal role in its development.Us can fulfill its mandate and sell this capacity which was the purpose of India US nuclear deal.Trade between the countries can be doubled to 80 billion from current 40 billion in five years.Us can also buy services and development systems from India for Afghanistan and help it reduce the cost of development for the projects in Afghanistan.
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