The "duck" in his hand is about to run into the arms of China, and India's glass heart is broken again. According to India's "The Economic Times" (The Economic Times) on December 25 local timeBangladesh is in talks with the 15-nation RCEP group and is likely to formally announce its plans to join the RCEP after January 7 next year。Since the news came out that Bangladesh, Sri Lanka and other countries are considering joining the RCEP, India** was very unhappy for a while, saying that "this is a worrying development".
This time, judging from the news revealed by the Indian media, there are two main points that make Indians extremely "worried": before joining the RCEP, Bangladesh's imports from China have far exceeded those from India. Once joined, its imports from China will only surge further. After Bangladesh joins both CEPA and RCEP, Chinese goods will flow into India through Bangladesh, thereby circumventing the principle of origin (ROO) and potentially impacting India's own industry. To put it bluntly, India is still worried that its peripheral markets will be dominated by China. The Indians are obviously overthinking about this. In fact, China has not failed to address India's concerns. China has long responded that it will continue to negotiate with all parties to resolve the issues faced in the negotiations with India and welcome India's accession to the agreement as soon as possible. However, India did not say no, and instead chose to withdraw in the final stage of the negotiations out of "protectionism", unwilling to make the cake bigger with China. This time, India even said that Bangladesh had joined CEPA and RCEP at the same time, which was nothing more than trying to threaten Bangladesh with CEPA and prevent it from joining RCEP.
So, can India block Bangladesh from joining the RCEP?Hard. China's economy is very large and its development momentum is flourishing, and if it can catch China's economic express, Bangladesh's economy will not be far from taking off. Bangladesh has no reason to refuse. Cooperation with China is of great strategic importance. You know, the only thing that can contain India in Asia is China. As India's neighbor and backed by China, Bangladesh can alleviate the pressure from India to a certain extent. The hype about Bangladesh's accession to the RCEP is not so much about Indians' distrust and hostility towards China. It is better to say that India now cannot accept that a country that they once regarded as their "backyard" should establish equal and friendly relations of cooperation with its "fierce rivals". Self-esteem is just a problem. Interestingly, it is not just Bangladesh's interest in joining the RPEC that makes Indians feel like a great enemy.
A few days ago, India's "Eurasian Times" reported that the port built by China to help Bangladesh in Cox's Bazar is about to be completed, which has caused concern in India. In India's view, this means that China's submarines and ** will soon enter the base, and China is expanding its sphere of influence in India's "backyard". In any case, since there is no benefit to being India's "backyard", it is only natural for Bangladesh to jump out of India's embrace and find another partner. Watching Bangladesh rushing towards China, Modi must be particularly uncomfortable!100 help plan