Engaging with China in its Economic assets creation!
1. Handling the Chinese Economic Assets creation in the South –East Asian region – A likely Indian
approach!
“ A Healthy paranoia driven by long-term chess-board style of moves with game theory application is
to be India’s co-operative competition answer to China playing different strategies n tactics on
economic, diplomatic, cultural and environmental dimensions” !
1. On the infrastructure spending with its share in the various banks(NDB, AIIB) that India has
partnered it won’t be able to compete with china for say next 10-15 years on absolute
capital spends. – structuring the utilisation n revenue generation with its spin off effects
may be some succour for India to at least make Chinese think or alternative strategies and
keep going at them through cultural, diplomatic means etc.
2. First and foremost is need to build a strategic culture amongst citizens, corporate in
particular in north-east, eastern region bordering Bangladesh etc. and tamilnadu n Kerala,
Gujarat n Maharashtra for example. We are living in indeed a persistent Volatile
UncertainComplexAmbiguity times/ global shift that will last for say next 1o years horizon
with greater non-controllable factors to fend for.
3. China should have its biggest leverage with Pakistan in western amphitheatre of Asia region
is no secret now.. With economic n logistics advantages for them. – “Iran-india-
Bangladesh” economic co-operations with its historical legacy is key to india than seeing it
as a patch up measure in the sphere of our immediate 1000-1500 kms western region
counter.- india was caught napping in CIS nations and growing Africa too. A preferential
investment n trading partner is to just start of long term strategic partnership beyond the
usual “oil for commodity” game which india-Iran ties were restricted to over decades- time
to write a radically new script n execute ASAP.
4. China may have lost some shine in lanka n ASEAN region but this has be seen from point of
view by India of what economic assets n cultural n political games that they will orchestrate
n be proactive going forward).- services n focussed manufacturing investment in lanka is
needed to cater to Indian and exports market.
5. Afghanistan – has to be key economic asset investment region for india in environmental
conscious industries provided we get opportunities to feed them, CIS nations, n us through
power, merchandise production n focussed services tie-ups.
6. Considering the “current structural, cultural, social n environmental challenges” n
opportunities tapping up that China is gearing up for, India need not rest in flimsy laurels
and meander in “ there is there to catch up with china attitude” ... it’s all fantasy as China
will definitely come more not only more stronger/ assertive but play upon a myriad mosaic
of strategies in the new world order that will be should predict than react as we have been
doing for decades .
7. Our mutual thrust in further deepening economic / political/ diplomatic n environmental
drivers with Japan, Germany, and Israel’s corporate n political establishments is key to have
the core of strategy implemented to addressing the China OBOR strategy.
2. 8. Leverage our 7500 kms of coast line for robust regional “ economic- security- cultural
ecosystem” to always make Chinese think about how more hard they need to work to
counter Indian approach that should be seen as not counter to them. – Innovative transport
financing, working capital n taxation drivers needed to make these work in long term.
9. A new highway network that links the ‘jewel ports’ on Gujarat coast cutting across the
heartlands of india across gangetic plains n plateaus to Bangladesh, Burma that can create a
massive “ industrial- residential” corridor is need of hour.- india must ensure that funds for
itself from the “AIIB( Asian Investment bank)” is largely used for this for critical
infrastructure needs- core n supplementary etc. . ports like paradeep Kakinada et can be
huge economic hubs with other ports complementing these eastern spring board ports.
10. Our neighbours like constitutionally Hindu Nepal, Bhutanese kingdom should be priorities
for investments in infrastructure there – roads, renewable, energy, education n water
management areas.
11. How we address our national n play role in regional water management ( Bangladesh to
srilanka to Afghanistan) challenges could also possibly hold a counter to china’s OBOR
strategy – do the great “Himalayan caucus” have a hidden solution for INDIA’s tryst to
match up to “ perpetually combative, yet co-operative China looking policy”.
12. Use digitization strategy across sectors where govt has greater control n duty to co-
operative n compete with China effect - political, economic etc. to create a “ strategic
culture” amongst citizens of India.
Please Note:- The defence/ physical n information security apparatus as a detterent or Co-operative
competetiveness approach could be a different theme or take on the above drivers to be put in
place by India!