China wants War with India. (Part 4)
India cancels contracts worth 1.5 Lakh Crore
Nitin Gadkari is a Senior Minister for Road Transport & Highways, Minister of Shipping and the Minister of Micro, Small and Medium Enterprises in the Government of India. He is known for his no-nonsense approach something that Sun Tzu (the Chinese philosopher advocating deception at all times in his treatise Art of War) would like. Gadkari openly proclaimed that now India will not allow Chinese companies to participate in highway projects, including those through joint ventures.
These projects are high value projects and China was expecting to garner projects worth 1.5 lakh crore rupee or about 20 billion USD.
Gadkari also said the government will ensure that Chinese investors are not entertained in various sectors like Micro, Small and Medium Enterprises (MSMEs), another portfolio he holds as a Minister. The bitterness in the expression of the Minister indicate that the things are reaching a point of no return and it shall be a requiem to China forever which means another 50 years.
Contracts worth 10 thousand Crore, cancelled.
Earlier Indian railways cancelled Rs 471 crore contract with China. State of Haryana has cancelled Rs 780 Crore contracts with Chinese firms for installing pollution control equipment at two of its thermal power facility amid the border clashes. On 22 June, Maharashtra government put on hold three agreements worth Rs 5,000 crore signed with Chinese companies during the Magnetic Maharashtra 2.0 investor virtual meet. On 23 June, Uttar Pradesh Power Corporation Limited (UPPCL) junked a consignment of Chinese smart meters procured by the Energy Efficiency Services Limited (ESSL), an energy company run by the Ministry of Power. The smart meters were to be installed in the premises of the state electricity consumers.
It all started with a plea of Sonam Wangchuk, and engineer turned social reformer who called upon every Indian to boycott China. His view was
“When traders will start cancelling orders from China it will send a powerful message to Chinese government that antagonising India will extract a huge price. The government will be apprehensive that the Chinese population may turn against it because trade is the only support for the people of that country who otherwise are like bonded labour. So if their income from trade is disturbed there could be a possibility of a revolt. It is imperative to ensure that the boycott of Chinese products is successful. I hope the conduct of Indians can become an example for the rest of the world to follow.”
China can keep playing it’s silly games from that silly book called ‘Art of War’ but that book does not teach one thing that is called ‘trust’. Wars may be won or lost but world does not run or war and in peace it is the currency of ‘trust’ which carries the weight. China has none of this currency now. It is socially bankrupt. Suppport of 53 countries in UNHRC notwithstanding. Those turncoats will hang China for drying the day it will suit them. That day will be near soon as economics is something Sun Tzu did not have to care as he could loot any one he liked but that is a choice China does not have. It has to trade with countries to earn revenue. What if half the world stops trade with or China’s GDP is reduced by 1/3rd? How many friend will be left with it?
Soon more about the myth of economics of the world and China. But before that a story is needed to be told how an idiot friend spoiled the game of China.
Added on July 4th, 2020:
Admission of defeat
When an adversary or an enemy starts giving sermon, it is an admission of defeat. In Beijing, a spokesperson for the Chinese foreign ministry said “artificially setting up barriers” for trade “not only violates WTO rules, but also hurts India’s interests”. He was responding to a question on union minister Nitin Gadkari’s statement about blocking Chinese firms from highway projects. “China will take all necessary measures to safeguard the legitimate rights of Chinese businesses,” he added. He said the two countries should work to meet the “consensus reached by the leaders of the two countries and uphold overall bilateral relations”. “India should avoid a strategic miscalculation with regard to China.”
A sermon given by sore loser? China is invoking WTO over some apps when it does not permit any app in China including Google, Facebook, Twitter and whatsapp.