On November 30, India officially released its report for the second quarter, which showed that India's economic performance was very impressive, thanks to the manufacturing sector, which increased by 76%!
This figure significantly exceeds India's pre-set targets and also exceeds the expectations of many experts, including the IMF.
This is undoubtedly a shot in the arm for Modi, who will win more Indian votes in the next term.
India's Modi has been in a stalemate with China in the past two years, and even deliberately wants to suppress China through the United States, which makes Chinese netizens very dissatisfied, but we also have to say that India has developed rapidly under Modi's leadership in recent years, and has surpassed European powers, such as Italy, France, such as the United Kingdom, and now it is about to surpass Germany and Japan.
Therefore, as soon as Modi's policy came out, the first thing that could not sit still was the United States and Japan, which have always wanted to curry favor with India.
Japanese newspapers have divided India's economic problems into three areas, much to the disappointment of Modi's **.
First, they believe that India's current economic growth is unhygienic and overly concentrated.
Most of them are India's elite, and those who live at the bottom of the social ladder are not able to share in the benefits of economic growth.
Second, Japan claims that India's excessively large institutions and low work efficiency are India's biggest weaknesses and an important factor restricting India's economic development.
Japan's ** analysis is very accurate, over the years, India has had a lot of failed foreign investments, their work efficiency is very low, and ** all kinds of bribes and bribes to India ** are enough to bankrupt them.
Therefore, many people believe that India is a graveyard of foreign investment, and Japanese companies must have suffered heavy losses, which is why Japanese newspapers say that Indians don't care at all, which is really sad.
In addition, Japanese newspapers have ranked India as the most serious problem facing the country.
India's fuel tax, service tax, and personal income are all **, while the elites who benefit from economic development have found ways to evade taxes, while the middle class, which cannot benefit from economic development, has become their main economy**.
This has made it extremely difficult for India to grow.
For India's current development, American journalists are also mixed with each other, and they have poured cold water on Modi.
According to the New York Times, despite India's rapid economic growth, the social status of Indian women has not improved, and the unemployment rate of up to 10% remains two major problems.
Now the question is, why did the United States and Japan say so many negative words when Biden ** tried to form an alliance with India, and India achieved so much?
Instead of genuinely applauding the achievements of India's Modi?
How is that possible?I think this mindset is very subtle.
This is a new problem that Modi will face in the future.
What India is doing now is making the United States and Western countries blush.
India's achievements now are the same as China's achievements 20 years ago, and they are definitely going through the same thing!
Or more. Fundamentally, Biden does want to transfer part of India's industrial chain from China to India, but they hope that India can confront China in its own way, and they don't really hope that India can get more development on its own soil.
From the point of view of the United States and the West, they inadvertently let China grow, so will they be stupid enough to cultivate a second China themselves?
So don't think that Biden is leading the United States and the West, talking about turning India into the next global factory, but this is just a formality to fool Modi.
The United States has always taken pleasure in plundering other countries' resources, so how can it really help other countries develop?
Especially for most developing countries.
Isn't this the sun rising in the west?
They want China to stay at the level of producing shirts, buttons and bicycles forever, and India will not be able to complete their industrial renewal.
It is in such a contradictory mentality, coupled with the fact that India knows that the United States and Western countries want to unite with them to deal with China, so the United States and Japan are trying to adjust their strategies, and what China has experienced, India will also experience.
Just like the former Trump of the United States, in his speech, he publicly criticized Biden's stupid approach, claiming that he would cancel Biden's Indo-Pacific economic strategy on the day he took office.
That's probably what Trump meant!
It is well known that Trump has tried to bring back to the United States the industries that he moved out of during his tenure.
His slogan is: "Being a mom is great, I love you!".”
Make America strong again.
And the key to this power is manufacturing!
In other words, Biden's forced transfer of Chinese industry to India is intended to get India to restrain China, not the United States or Japan.
They originally wanted to take advantage of this and get Modi to go to war with China, but Modi is a smart man who did not waver because of this incident, but wanted to take advantage of the fisherman.
This is also the reason why the top of the United States is so anxious, they cannot tolerate the rise of China, India, Russia and other great powers!
How else is this fighting?
This is also why the future relationship between the United States and India will deteriorate.
We'll see!