Comments by "红火树 RedFireTree" (@firetree2007) on "India: Efforts on for complete disengagement after China disengages in 4 places | WION" video.
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Democracy is quite simple: "demo" means the people, and "cracy" means rule or manage. So, in essence, it means rule by the majority. In modern time, due to the size of the population, no large country still use this ancient way instead but using representatives, so that means "republic", Harvard University did 14 year survey in China, found over 93% support CCP government, I guess Modi 's max support is about 80%, so in real sense, China is very democracy
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why India choose this time trying to improve its relationship with China?? the real issue is Modi government 's "fastest growth of the world" bubbles are bursting. India’s so-called "fastest growth" under the Modi government has largely been fueled by borrowing money to build infrastructure. A significant portion of this borrowing came from the AIIB (a bank set up for China's Belt and Road Initiative). When you borrow money, you have to pay interest, and now India finds itself in a "debt trap." While infrastructure is important for a country, it doesn't generate quick returns, especially when those returns are less than the interest payments. This year, India needs to pay $131 billion in interest, which is more than 22% of the government's total budget of $575 billion. Next year, the interest payments will increase by 11-12%. Now, India's growth has down from 8.3% to 6.7%, next year will be even lower. Also India's target for FDI is $110 billion a year to keep the economy running, however, this year, the FDI only $10.6 billion down 40% from last years $28 billion. That is why India trying to change/loose/open the ban of China's investment.
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