Comments by "红火树 RedFireTree" (@firetree2007) on "WION"
channel.
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to reduce the trade deficit, the way is to make things in India, but domestic Indian industry has no ability to compete in the world market, it was the same for China 40 years ago, what China did was total open up to let foreign companies to make things in China to sell to the world at the same time, learn to make things by China in China, in the process, larger part of profit (huge amount of money) was made for foreign companies, not for China, however, with the time, China learned how to make things that can compete in the world, market, India should do the same (even it is late), however, unlike China, India does not like to let foreign companies, although, on the on hand they want to let foreign company to make things for India, on the other hand, they do not want the foreign companies make huge amount of money for themselves, so they set up all kind rules and regulation, with huge taxes to them, especially cruel to Chinese companies in India, under this kind situation, not many foreign companies want to go to India, they rather to go to Vietnam, Ford Motor spent $2 billion just moved its production line out of India, same as GM, Musk refused to set up Tesla factory in India despite Indian government multiple time invitation. so the current situation will continue, India will not change under BJP/Modi
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India last year military budget $73 billion, China, $209 billion, this year, India should be about $75 billion, China will have 7% increase, that makes it $223.5 billion
India defense 24% is pension, that is $75 billion * 24% = $18 billion, or $57 billion, that is the real defense budget compare to China, $223.5 billion/ $57 billion = 3.92 time, that is the real difference China and India military spending, assume all use 1/3 for weapons, China will have $223.5 billion/ 3 = $74.5 billion (entire India defense budget) for weapons, India would have $57 billion/3=$19 billion on buying weapons,
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from about 40000 a day a wk ago, to 70000 a day, to 110000 a day, to 140000, a day, not too fast, compare to 700000 a day in US, way to go 😁😁😁
2nd wave in India is about 420000 a day, it is still far from it. later the number of cases will be only determined by the limit of the number of test kits, so no worry, you will never get 2 million a day, since you do not have that many test kit available, 😁😁😁
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Xi never had a presidential aircraft, when Xi travels , he just rented a passenger plane from Air China, unlike Modi with his $1.1 billion Dreamliner Boeing 777 named India Air One . Xi saved all the money for lift Chinese farmers from poverty line, while Modi does not care India with global huger index 107, with 5.7 million malnutrition kids and 200 million under absolute poverty line, in fact, UN set standard, the country with average income under $2200 per capital is poor, India is at $2085, even lower than Bangladesh,
Modi should sell his Air India one and take an ox cart to travel to save money for 5.7 million malnutrition kids in India
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In China, the boss of the foreign minister is called the director of foreign affairs, who is in charge the general directions and strategic ways in foreign affair, and report directly to the President Xi and is a member of politburo, now this position is taken by Wang Yi, he was just elected as a member of CCP politburo in the CCP 20th congress. Qin Gang, the foreign minister, deals with everyday running details of foreign affairs, report directly to his boss, Wang Yi,
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