Indian Elephant and Chinese Dragon Must Dance Together, Not Fight Each Other: China

Agencies
March 8, 2018

Beijing, Mar 8:  The Chinese dragon and Indian elephant must not fight but dance with each other, China's Foreign Minister Wang Yi said today as he called on the two nations to shed mental inhibitions, manage differences and meet each other half way to enhance bilateral ties.

Mr Wang's remarks came during his annual press conference on the sidelines of the parliamentary session.

Asked how China views relations with India this year after turbulence in ties in 2017 due to a number of issues including the Doklam standoff, Mr Wang said, "Despite some tests and difficulties, the China-India relationship continues to grow".

Bilateral ties were affected by a number of issues last year, including the China-Pakistan Economic Corridor which passes through Pakistan-occupied Kashmir, China blocking efforts at the United Nations to list terror group Jaish-e-Mohammed chief Masood Azhar as a global terrorist as well as India's entry into the Nuclear Suppliers Group or NSG.

Troops of India and China were locked in a 73-day-long standoff in Doklam in the Sikkim sector. The standoff ended on August 28 after the Chinese military stopped the illegal construction of a road close to India's strategic 'chicken's neck' corridor connecting the northeastern states to the rest of the country.

Mr Wang, however, said the two countries must shed mental inhibitions, manage differences and meet each other half way.

"China is upholding its rights and legitimate interests and taking care to preserve the relationship with India," he said.

"Chinese and Indian leaders have developed a strategic vision for the future of our relations. The Chinese dragon and Indian elephant must not fight each other but dance with each other," he said.

"If China and India are united, one plus one will become eleven instead of two," he said.

Speaking for the first time on bilateral ties this year, Mr Wang said the international situation is experiencing its biggest change in a century and China and India must do everything to emphasise this and support each other and avoid mutual suspicion and attrition.

He said mutual trust is the most precious commodity in the China-India relations.

"With political trust, not even the Himalayas can stop us from friendly exchanges," he said.

"A shared understanding far outstrip our differences. Our common interests far outweigh our frictions. China is willing and ready to inherit and take forward our traditional friendship and be a friend and partner of the Indian people."

"I hope the two sides will be free from mental inhibitions and meet each other halfway. Let us replace suspicion with trust, manage differences with dialogue and build a future with cooperation," he said.

Mr Wang reacted strongly to a question whether the Indo-Pacific strategy being furthered by India, the US, Japan and Australia will affect China's Belt and Road Initiative (BRI).

He said there was "no shortage of headline grabbing ideas" but they were "like the foam on the sea" that "gets attention but will soon dissipate".

Contrary to claims made by some academics and media outlets that the strategy is aimed at containing China, the four countries have made it clear that it targets no one, Mr Wang said. "I hope they mean what they say," he said.

"Let us not forget that the Belt and Road Initiative has received the support of over 100 countries. Nowadays stroking a new Cold War is out of sync with the times and inciting confrontation will find no market," he said.

Touted as Chinese President Xi Jinping's ambitious project, the Belt and Road Initiative focuses on improving connectivity and cooperation among Asian countries, Africa, China and Europe.

The Belt and Road Initiative also includes the China-Pakistan Economic Corridor or CPEC which India strongly opposes as it passes through Pakistan-occupied Kashmir.

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News Network
February 1,2020

Washington, Feb 1: The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, IMF Managing Director Kristalina Georgieva has said.

"The Indian economy indeed has experienced an abrupt slowdown in 2019. We had to revise our growth projections, downwards to four percent for last year. We are expecting 5.8 per cent (growth rate) in 2020 and then an upward trajectory to 6.5 percent in 2021," Georgieva told a group of foreign journalists here on Friday.

"It appears that the main reason for this slowdown was the non-banking financial institutions experiencing a turbulence," she said on the eve of Union Finance Minister Nirmala Sitharaman presenting the annual budget in Parliament on Saturday.

She said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact.

"For example, coming with the unified tax system, and the demonetisation that took place. These are steps that over time are beneficial, but of course they might, might be somewhat disruptive over short term," Georgieva said in response to a question.

The International Monetary Fund (IMF) Managing Director said that there is not a lot of fiscal space in India. “But we also recognise that the policies of the government on that side, on the fiscal side have been prudent. We will see how the reading of the budget, the submission of the budget goes, tomorrow,” she said.

In the medium-term, she said, the IMF remains optimistic about India. “This is why we see that upswing potential for the growth in the country,” she said.

Georgieva said that the current economic slowdown cannot be described as a recession. "No.... You're far from that. But it is a significant slowdown, not the recession," she said.

The IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy. The IMF would be keen to see what India does to get relatively sound macroeconomic fundamentals to pay off in terms of better growth trajectory, she said ahead of the budget.

One thing that is important for India is that budgetary revenue have been below target. "The country knows that. The finance minister knows it. They need to increase budgetary revenue collection so they can improve their fiscal position. I said it's tight on the spending side, but I also want to stress that there is room to improve collection on the revenue side," she said.

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News Network
January 3,2020

Washington, Jan 3: US President Donald Trump ordered the killing of Iran Revolutionary Guards commander Qasem Soleimani, who died in Baghdad "in a decisive defensive action to protect US personnel abroad," the Pentagon said Thursday.

"General Soleimani was actively developing plans to attack American diplomats and service members in Iraq and throughout the region. General Soleimani and his Quds Force were responsible for the deaths of hundreds of American and coalition service members and the wounding of thousands more," the Department of Defense said.

Following Soleimani's death, Trump tweeted an image of the US flag without any further explanation.

"US' act of international terrorism, assassinating General Soleimani—the most effective force fighting Daesh (ISIS), Al Nusrah,Al Qaeda, is extremely dangerous & foolish escalation. US bears responsibility for all consequences of rogue adventurism." said Iran Foreign Minister Javad Zarif.

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News Network
March 31,2020

Washington, Mar 31: The United States has performed over one million coronavirus tests so far, said President Donald Trump on Monday.

"Today, we reached a historic milestone in our war against coronavirus. Over 1 million Americans have now been tested, more than any other country by far, not even close," Trump said during a press briefing.

US Health Secretary Alex Azar said that approximately 100,000 samples are tested for coronavirus daily.

The number of novel coronavirus (COVID-19) cases within the United States surpassed 150,000 and the death toll has reached 2828, according to Johns Hopkins University. 

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