Tag: economy
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China’s Decline is Now Official
The PLA Daily recently declared that China can do with less than 5% GDP Growth and that China needs to abandon ‘Worship of Speed’. Superficially it appears as if the CCP is preparing the Chinese people to accept lower growth rates. However the problem is deeper. This is the beginning of the official decline of…
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Chinese Stimulus is Failing : India Must Not Bail China out.
My article in the Economic Times @ https://government.economictimes.indiatimes.com/blog/chinese-stimulus-is-failing-what-can-china-do-to-revive-its-economy/115261265?utm_source=latest_news&utm_medium=homepage Lt Gen P R Shankar, ET Government, Published on Nov 14, 2024, The Chinese economy will continue to ail; with or without a stimulus. India must not bail it out. India needs to deal with China from a position of strength and advantage. Despite many naysayers ,…
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The Psychology of Chinese Decline
New Delhi, India Written By: Lt Gen PR Shankar (Retd)Updated: May 08, 2024, 10:51 PM IST Available at WION https://www.wionews.com/opinions-blogs/the-psychology-of-chinese-decline-719425 STORY HIGHLIGHTS In the past one year, there has been a growing awareness that China has sleepwalked into a situation where the clock has stopped ticking. People write that the worst curse for any nation’s future would…
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China : The Old Age Home of The World by Lt Gen P R Shankar (R)
Published in the Financial Express @ https://www.financialexpress.com/opinion/china-the-old-age-home-of-the-world/3421466/ The ‘Two Sessions’ is an annual parliamentary cum budget meeting in China. It is a choreographed show as all CCP events are. The ‘Two Sessions’ marks one year of Xi Jinping’s third term in which he has consolidated his grip on power. He is now a complete one man…
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China ‘Rolls Out’ Bullet Trains To Boost Military, Economy But ‘Commie Conservatism’ Slows Down Everything
By Lt Gen P R Shankar (R) My Op Ed in The Eurasian Times @ https://www.eurasiantimes.com/china-pushes-bullet-trains-to-boost-military-economy/ China’s phenomenal rise was due to two factors – exports of manufacturing goods and debt fuelled investment into infrastructure. Its huge manufacturing capacity made it the factory of the world and the start point of most supply chains. Kitchen knives to industrial…
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How Middle Powers Sustain Balance Of Power In Global Conflicts Involving US, China by Lt Gen P R Shankar(R)
DEFENCE.CAPITAL ON DECEMBER 11, 2023 • ( LEAVE A COMMENT ) By Lt Gen. PR Shankar (Retired) Conventional wars between states have returned with a vengeance. The wars between Ukraine and Russia, Armenia and Azerbaijan, and Israel and Palestine/Hamas are prominent among them. In addition, there have been civil wars, coups, and ethnic strife in the Sahel region of Africa.…
Gunners Shot 