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New Delhi: India has a \u201cspecial China problem\u201d and the four-year military standoff on the Line of Actual Control (LAC) and the state of the bilateral relationship call for precautions such as scrutiny of Chinese investments, external affairs minister S Jaishankar said on Saturday.<\/p>\n
Jaishankar, who has maintained for long that the normalisation of India-China relations can\u2019t be delinked from peace and tranquillity on the border, made the remarks while speaking on foreign policy issues at a conclave in New Delhi. Relations between the two Asian countries have been at a six-decade low since the face-off on the LAC began in April-May 2020.<\/p>\n
He said India is not the only country debating problems linked to China, since China is among the key economic and national security discussions in European countries and the US. \u201cIndia has a China problem, a special China problem, that\u2019s over and above the world\u2019s general China problem,\u201d he said.<\/p>\n
While dealing with trade, investments and exchanges of different kinds with China, the \u201cbasics start to go off track\u201d if one neglects to consider that \u201cthis is a very unique country with a very different way of working\u201d. India, he said, has had a \u201cvery difficult situation on the border for the last four years\u201d and the sensible response is to take precautions.<\/p>\n
\u201cIt\u2019s common sense that investments from China would be scrutinised. I think the border and the state of relations between India and China call for it,\u201d Jaishankar said. Even countries that don\u2019t have borders with China, such as the US and European states, are scrutinising Chinese investments, he noted.<\/p>\n
\u201cNow it has never been the government\u2019s position that we should not be having investments from China or doing business with China\u2026The issue is not do you have investments from China or not, it\u2019s not a yes or no answer. It is what should be the appropriate level of scrutiny, how should you handle it,\u201d he said.<\/p>\n
Jaishankar contended that the concept of national security too has been expanded. \u201cIf we were completely reliant\u2026on pharmaceuticals from China, does it not have national security implications? If your telecom is based on Chinese technology, can you be impervious to it?\u201d he questioned.<\/p>\n
This is a complex factor and the separation between economics and security with certain countries is a \u201cvery thin line\u201d, Jaishankar said.<\/p>\n
He also pointed out that countries, including India, are complaining about trade deficits with China because they \u201cconsciously chose to overlook the nature of Chinese production and the advantages which they enjoyed in a system where they got a level playing field\u201d decades ago.<\/p>\n
In May, Jaishankar had contended that Indian firms have to assess business dealings with China through a \u201cnational security filter\u201d and do more sourcing from domestic manufacturers amid the standoff on the LAC. Speaking at the annual business summit of the Confederation of Indian Industry (CII), he had argued that national security sensitivities should be evaluated in business propositions.<\/p>\n
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[ad_1] \u00a0 New Delhi: India has a \u201cspecial China problem\u201d and the four-year military standoff on the Line of Actual Control (LAC) and the state of the bilateral relationship call for precautions such as scrutiny of Chinese investments, external affairs minister S Jaishankar said on Saturday. Jaishankar, who has maintained for long that the normalisation […]<\/p>\n","protected":false},"author":1,"featured_media":43280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-43279","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nation"},"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/08\/India-has-special-China-problem-LAC-standoff-calls-for-investment-scrutiny-Jaishankar.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/43279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=43279"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/43279\/revisions"}],"predecessor-version":[{"id":43281,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/43279\/revisions\/43281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/43280"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=43279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=43279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=43279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}