India's China Problem

Courtesy : Forbes Gordon G Chang

China and India wrapped up their 13th round of border talks on Saturday in New Delhi. The meeting produced agreements on various matters, such as the installation of a hot line between the Chinese and Indian capitals and plans to celebrate 60 years of diplomatic ties next year. The two nations also agreed to expand bilateral trade, hoping to meet their target of $60 billion for 2010, a substantial increase over last year's $51.8 billion.

Yet there was no progress when it came to the main subject for discussion--competing territorial claims in Arunachal Pradesh and Aksai Chin. Beijing and New Delhi are no closer to settling disputes that led the two giants to war in 1962 and that have, in recent years, hampered relations. Chinese officials see their nation on the rise and feel no need to compromise. The number of incursions by China's troops into Indian-controlled territory appears to be increasing.

India, generally acknowledged as the weaker of the two, has tried to maintain cordial ties, often following former Prime Minister Nehru's "Hindi-Chini bhai-bhai" slogan, promoting the notion that the two Asian nations are brothers. Beijing, for its part, has been under no such delusions, playing a hard game. In the middle of the 1970s, it began helping Pakistan build a nuclear weapon to keep arch-rival India off balance. Since then, the Chinese have supported Islamabad's campaign of terror against the Indian state.

The terrorists attacking Mumbai hotels last November used Chinese equipment--the distinctively blue Type 86 grenades, manufactured by China's state-owned Norinco, which has continually supplied parties working with militants inside India. China has given Pakistan most of the ordinance that its notorious Directorate for Inter-Services Intelligence--better known as ISI--gives to terrorist groups. Almost all of the sophisticated communications equipment used by terrorists in India, especially Kashmir, is Chinese-made and was routed through the Pakistani army. The training the Chinese give to Pakistani personnel is, with Beijing's knowledge, leached to terrorists. Furthermore, in April and May 2006, May 2007 and August 2008, China blocked U.N. sanctions against and censure of Lashkar-e-Taiba and its front, Jammat-ud-Dawa, the organizations responsible for the horrible hotel attacks.

No wonder the Indians are starting to reassess their ties with Beijing. Although it is unlikely the Chinese will attack India before 2012, as Bharat Verma, editor of India's leading defense journal, predicted last month, the Indians can expect tougher Chinese actions in the years ahead.

This month, Zhan Lue, a Chinese analyst connected to China's Ministry of National Defense, suggested that Beijing try to divide India into as many as 30 states. The article, unfortunately, appears to represent the thinking of Chinese strategists and has been widely circulated inside China.

US Warbeat in Markets and Iraq

The statement by Defense department that the War in Iraq will be fulfilled till the last soldier and the people in Iraq feel safe. Also the US Markets are once again off from the jittery which has been causing annoyance and restlessness across World Markets.

Its been a long time since US and other countries went into perspective and analyzed how much spending and the credit policies that have been made so far. Its time to take a retrospective view to take People and Common man in perspective to fulfill his basic needs of Shelter , Food and Security throughout his lifetime.

I once again reiterate that the US Markets are proceeding to a Mild recesssion if not a bad recession as it was earlier. Though the addl funding and the JUMBO Package announced by Bush will bring relief and cheer in the face of Brokers and Investment banks across Asia,Europe and US Markets , it is still a lurking danger and the sword still hangs over the Market Score over recession.

War Games in Markets is now needed instead of Iraq and each country should look towards its economy and people to make them reap happiness and well being across their nations.

STOP BEATING THE WAR DRUMS and concentate beating up the enthusiasm and Cheer across markets and also give a Thumbs up to Policies which can liberate lots of Farmers and cheap labour across the World.

IT Boom is still there and the possibility of the systems getting outdated lurks in the background in the midst of Computer aided warfare and the various defense tactics and manuevoures by various Big Heavyweights in Defense Might.

Look at the small things that can bring Cheer to People and instill confidence and also make the money bourses overflowing across and turn towards a Cheaper Fuel, Environmenal friendly ways to produce Power,, Energy and most important running Investment Banks and Banks with caution and ease.

Let the Warbeat begin in the US Markets and the Asian Markets.