{"id":253695,"date":"2023-07-27T21:32:25","date_gmt":"2023-07-27T16:02:25","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=253695"},"modified":"2023-08-31T10:26:37","modified_gmt":"2023-08-31T04:56:37","slug":"byding-time-on-indias-decision-to-reject-chinese-companys-investment","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/byding-time-on-indias-decision-to-reject-chinese-companys-investment\/","title":{"rendered":"BYDing Time \u2013 on India\u2019s decision to reject Chinese companys&#8217; investment"},"content":{"rendered":"\n<p><strong>Source<\/strong>&#8211; The post is based on the article <strong>\u201cBYDing Time\u201d <\/strong>published in <strong>\u201cThe Times of India\u201d <\/strong>on <strong>27th July 2023<\/strong>.<\/p>\n<p><strong>Syllabus: <\/strong>GS2- Bilateral groupings and agreements<\/p>\n<p><strong>Relevance:<\/strong> India and China bilateral relationship<\/p>\n<p><strong>News- <\/strong>Indian government has decided to reject Chinese EV giant BYD\u2019s $1 billion investment plan for a car and battery manufacturing plant.<\/p>\n<h2><strong>What compelled India to take this step?<\/strong><\/h2>\n<p>The approach of using <strong>market access and economic cooperation<\/strong> to encourage positive behaviour from China has proven ineffective.<\/p>\n<p>Under the leadership of Xi Jinping, China&#8217;s actions are different from previous expectations. The Chinese Communist Party has even targeted successful Chinese businesses that do not align with its <strong>political goals. <\/strong><\/p>\n<p>The situation along the LAC since 2020 has led to a trust deficit with China.<\/p>\n<h2><strong>What is the current Chinese approach towards India?<\/strong><\/h2>\n<p>The Chinese government continues to separate the border dispute from the <strong>overall relationship<\/strong>. It insists that both sides should consider the <strong>broader context.<\/strong><\/p>\n<p>However, Beijing should acknowledge that the border issue is indicative of a l<strong>arger problem affecting India-China relations.<\/strong><\/p>\n<p>China has adopted an e<strong>xtremely authoritarian approach.<\/strong> It is determined to<strong> challenge democracies<\/strong> and reshape the <strong>rules-based international order. <\/strong><\/p>\n<p>In China&#8217;s perspective, India is viewed merely as a country that needs periodic reminders of its <strong>subordinate position in Asia.<\/strong><\/p>\n<p>As a result, China shows little interest in addressing Indian interests. It is evident in its ongoing support for a belligerent but <strong>financially troubled Pakistan. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source&#8211; The post is based on the article \u201cBYDing Time\u201d published in \u201cThe Times of India\u201d on 27th July 2023. Syllabus: GS2- Bilateral groupings and agreements Relevance: India and China bilateral relationship News- Indian government has decided to reject Chinese EV giant BYD\u2019s $1 billion investment plan for a car and battery manufacturing plant. What&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/byding-time-on-indias-decision-to-reject-chinese-companys-investment\/\">Continue reading <span class=\"screen-reader-text\">BYDing Time \u2013 on India\u2019s decision to reject Chinese companys&#8217; investment<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,239,238,10496],"class_list":["post-253695","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-international-relations","tag-ir","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1701319859},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/253695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=253695"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/253695\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=253695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=253695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=253695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}