India Rejects RCEP Trade Bloc, Citing Free Trade Issues With China | World News | WION

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  • Опубликовано: 15 ноя 2024

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  • @LandGrabbingIndia
    @LandGrabbingIndia Месяц назад +11

    India did not reject RCEP. It was RCEP that booted out India. Please do not distort facts.

    • @souvikghosh1895
      @souvikghosh1895 Месяц назад +5

      Just shut up bots

    • @ramkumarchhetri5997
      @ramkumarchhetri5997 Месяц назад +1

      Whatever yr idea….. buddy….India first…it’s tym the world realise this.

    • @LandGrabbingIndia
      @LandGrabbingIndia Месяц назад +3

      @@souvikghosh1895 Triggered bot spotted.

    • @LandGrabbingIndia
      @LandGrabbingIndia Месяц назад +3

      @@ramkumarchhetri5997 When was RCEP formed? India being booted by RCEP was a fact. Stop distorting facts.

    • @ramkumarchhetri5997
      @ramkumarchhetri5997 Месяц назад

      @@LandGrabbingIndia
      yr LGI reflects u r bloody chingchung ….cannot trust ye type….all lies and thieves.

  • @AleDuke-fd5qz
    @AleDuke-fd5qz Месяц назад +15

    india should also withdraw from the Olympic Games, the concerns are -
    it has been China that wins the Gold , while india gets Zero ...

    • @hengongchua6250
      @hengongchua6250 Месяц назад

      India should be out of BRICS and SCO.
      What the point of having a member that only wanted to serve the western masters?

    • @Vishvaguru_HafiZzz
      @Vishvaguru_HafiZzz Месяц назад +1

      India should also withdraw from SCO and BRICS as well

    • @BREAKBALLYT
      @BREAKBALLYT Месяц назад

      A guy without 🧠 will cry for rest of your life 😂

  • @kumarak1443
    @kumarak1443 Месяц назад +8

    truth Rcep rejected India

    • @edhiepitz
      @edhiepitz Месяц назад

      Xi said that India can join anytime if they want.

    • @scenecorner9940
      @scenecorner9940 Месяц назад

      China will flood the indian market with its cheap products

    • @BREAKBALLYT
      @BREAKBALLYT Месяц назад

      😂 try new

  • @wanglaugh9932
    @wanglaugh9932 Месяц назад +1

    It's good news for RCEP members.

  • @louistan7560
    @louistan7560 Месяц назад +1

    Neither is India in the TPP.

  • @LandGrabbingIndia
    @LandGrabbingIndia Месяц назад +1

    Year 2019
    India to RCEP: Can I join RCEP saar?
    RCEP to India: What can you contribute?
    India to RCEP: Let me get my business proposal ready
    RCEP to India: Nah, we don't make money from your goods, proposal rejected
    *Indian logic: India rejects RCEP*
    *Apparently a one time rejection is not enough*
    Year 2024
    India to RCEP: Can I join RCEP saar?
    RCEP to India: What can you contribute?
    India to RCEP: Let me get my business proposal ready
    RCEP to India: Nah, we don't make money from your goods, proposal rejected
    *Indian logic: India rejects RCEP*
    *Apparently a one time rejection is not enough*
    Things to note. If India was the one who rejects RCEP and with no intention of joining RCEP, why is it that India has to reject RCEP 2 times? A one time rejection is not enough?
    RCEP is the world largest free trade agreement to date and every country within the region would want to be RCEP and why? It's about the money. Quad members Australia/Japan and Members of 5 eyes, New Zealand, are in RCEP? Why? What about China? Isn't China in RCEP as well?
    Obviously, it wasn't India that rejects RCEP but it was RCEP that rejects India.

  • @firetree2007
    @firetree2007 Месяц назад +6

    Why did trade for industrial products, such as an axe, begin in the first place? The reason is simple: someone could make it better and cheaper than you could by setting up everything yourself. That’s why you might trade the curry you produced for an axe. The blacksmith could make the axe but didn’t have curry, so he also benefited from the trade.
    The same principle applies today. If you want to produce everything on your own, that's fine-but can you make it better and cheaper than others? Clearly, you cannot. Name a single industrial product in the global market that is entirely made in India. I can’t find any.
    With India's R&D spending at only 0.65% of its GDP, or $23 billion, the same amount as what a private Chinese company like Huawei invests in R&D annually (around $25 billion), there's little concern about new technological breakthroughs coming from India. The same goes for India losing or driving away many foreign companies. Even with a target of $110 billion in foreign direct investment (FDI), the actual figure is just $10.6 billion.
    Given these realities, it's clear that India is unlikely to produce high-quality or innovative products anytime soon. There’s no real cause for concern-India will likely remain a predominantly poor and backward agricultural country.

    • @Pain-zd5uo
      @Pain-zd5uo Месяц назад +2

      Your comment seriously downplays India's achievements and overlooks China’s flaws. China may spend more on R&D, but it’s notorious for intellectual property theft, relying heavily on reverse-engineering foreign technology rather than true innovation. Chinese firms like Huawei face global scrutiny for copying Western designs. In contrast, India’s tech giants like Infosys and TCS lead the world in IT services, and Indian startups are thriving due to a vibrant, open market.
      China’s economy is heavily dependent on state control and unsustainable debt. Its aging population, growing economic instability (e.g., Evergrande crisis), and hostile business environment have pushed companies like Apple and Tesla to diversify away from China. Meanwhile, India’s young, growing workforce is a long-term asset, and initiatives like 'Make in India' are drawing in major global investments, especially in manufacturing and technology.
      Politically, China’s authoritarian regime stifles creativity, and its aggressive foreign policies are isolating it globally. India, as a democracy, fosters freedom of expression, entrepreneurship, and innovation, which are essential for long-term growth. While China’s rise is fueled by control and imitation, India’s progress is based on genuine innovation and stability. In the long run, India’s model will prove far more resilient and sustainable.

    • @firetree2007
      @firetree2007 Месяц назад

      @@Pain-zd5uo hah :)) you are full of BS, the US led blocking on Huawei not due to its copying but due to the security concerns.
      Your so called IT is only worth a tiny fraction of China's, your InfoSys total value is about $40 billion, but Tencent is a half $trillion company, you IT has nowhere to compare to China.
      As for the car? no need to mention, China is the largest car maker and exporter in the world. with millions of E cars in China, your total is about 50 k
      Politically, Harvard University did a 14 year survey in China, and found over 93% people support CCP, more than 80% by the Indians to Modi

    • @GoGreen99962
      @GoGreen99962 Месяц назад

      ​@@Pain-zd5uo Firetree2007 is a Chinese wumao from Wuhan who is forced dedicated his life to comment on Indian RUclips channels by Dicktator Xi's CCP.

    • @firetree2007
      @firetree2007 Месяц назад

      @@GoGreen99962 as shown in Oct 10th 2021, The Express Tribune, with title "Indians furious. ..........."

    • @huanghermann5207
      @huanghermann5207 Месяц назад

      @@Pain-zd5uo if what you said were true, then the logical outcome should be India is much more advanced than China?

  • @LandGrabbingIndia
    @LandGrabbingIndia Месяц назад

    India did not reject RCEP. It was RCEP that booted out India. Please do not distort facts. When was RCEP formed and why did it exclude India during the formation? India wanted to join RCEP and that is why India went over to RCEP and discussed the details with the RCEP members? Because all the remaining member of RCEP disagreed with India's proposal, India was being booted out by RCEP?

  • @AleDuke-fd5qz
    @AleDuke-fd5qz Месяц назад +3

    india ought to get Tesla and Apple , to move their major production to india

    • @edhiepitz
      @edhiepitz Месяц назад +1

      Surprisingly now they talk about move out of India

  • @nickparisilk9842
    @nickparisilk9842 Месяц назад

    Time to show China who’s the BOSS
    China is in desperado

  • @geodive5542
    @geodive5542 Месяц назад

    Lol, 100 billion.
    Man I’m too good for my own good😂

  • @ianthesiow3013
    @ianthesiow3013 Месяц назад

    Knowing India... The "turnaround" will come soon 😅.

  • @Cathayius-z6y
    @Cathayius-z6y Месяц назад

    RCEP rejected the envious sore loser, which can't compete, but want to impose its iwn terms!😂

  • @Godisgreat786Godis
    @Godisgreat786Godis Месяц назад

    RCEP not relevant

  • @itskrish26
    @itskrish26 Месяц назад +2

    Ban China

    • @huanghermann5207
      @huanghermann5207 Месяц назад

      Agree, Ban China (more than 58 billion products India needs)

    • @jas-shayisi
      @jas-shayisi Месяц назад

      Why, how, who? By mouth piece from indxan cow shxt?😂

  • @Richard-s7m
    @Richard-s7m Месяц назад +1

    More like low quality minister.