India has serious concerns on China’s continued stand on Pakistan sponsored terrorism in Indian soil and it’s reluctance in banning Pak sponsored terrorists at UN. China have to sensitize itself on the importance of safeguarding neighbour’s interests in combating terrorism. China’s wrong stand on terrorism is definitely not an encouraging factor in India.
BEIJING: It is not in India’s best interest to bar China from entering into partnership on high-speed train projects, a Chinese daily said on Tuesday.
An editorial in Global Times said India should not have protectionist tendencies as it will hinder economic growth in the country when it wants to bring in high-speed trains.
India may have awarded its first bullet train project to Japan but New Delhi should take a “sober” look at China when it comes to solutions for either railway network revamp or the country’s forthcoming high-speed rail project, Chinese official media said today.
“India actually needs China more than China needs India in the arena of steel rail manufacturing and train technology,” it said.
“Admittedly, India has stayed vigilant against China and has chosen Japan as a partner for the country’s first high-speed railway project, which is expected to commence in 2018.
“However, this doesn’t mean it is in India’s best interest to bar China from entering into partnerships on other bullet train projects.”
The daily advised India to a have a “sober look” at China if it wanted to revamp its rail network or bring high-speed trains.
“India’s effort to revamp its rail network, the fourth-largest in the world, is apparently suffering from supply-side malaise, as its state-owned railway company purportedly eyes private supplies to make up for production shortfalls,” the editorial said.
“China has in recent years ramped up efforts to export its high-speed rail technology worldwide, earning the economy a new name card.
“Plans to open up rail purchases to the country’s private suppliers will decidedly help in overcoming the rail supply shortfalls and will create a level playing field for its private sector.
“It would also be sensible for the Indian government to consider giving up on its protectionist mentality that is often seen in the use of trade remedies on steel imports from China.”
It said India was protectionist as it imposed anti-dumping duties on certain Chinese steel products for six months last year.
“The application of trade remedies, as such, certainly builds a shield to protect India’s domestic manufacturers, but in the meanwhile the measures also serve to inhibit the nation’s rail network from being revamped in an efficient and reliable fashion.”
The 508-km Mumbai-Ahmedabad high speed corridor, which is the first bullet train project in India, slated to be operational by the end of 2023, aims to reduce travel time from the current nine hours to three hours between the two major metropolis.
Estimated to cost about Rs 97,636 crore, 81 per cent of the funding for this project will come by way of a soft loan from Japan.
“With the Belt and Road (silk road) initiative set to reshape global trade, it is anticipated that countries and regions along the route will benefit considerably from China’s exports of its train technology which has been well received in terms of both pricing and quality,” the article said. “It’s thus advised that New Delhi take a sober look at its giant north-eastern neighbour when it comes to solutions for either India’s rail network revamp or the nation’s forthcoming high-speed rails,” it said.
China which has made a serious bid for India’s high speed train projects is conducting feasibility study for New Delhi-Chennai bullet train corridor.
The article said China has in recent years ramped up efforts to export its high-speed rail technology worldwide, earning the economy a new name card.
But China is keen to get Indian high speed train projects as Beijing hopes it would pave the way for it get orders from the rest of the world.
China has built more than 20,000 km of high-speed rail lines. According to the government’s plan it will be increased to 45,000 km by 2030.
The article also criticised India to for taking “protectionist stance” by slapping anti-dumping duties on certain Chinese steel products for six months.
“The application of trade remedies, as such, certainly builds a shield to protect India’s domestic manufacturers, but in the meanwhile the measures also serve to inhibit the nation’s rail network from being revamped in an efficient and reliable fashion,” it said.
In the last two years India has worked out a number of cooperative agreements with China for the development of railways.
Indian Railway engineers are getting trained in China in heavy hauling, China is also cooperating with India to set up a railway university similar to the one it developed.
Besides the high-speed train, India and China have agreed to cooperate to identify the technical inputs required to increase speed on the existing railway line from Chennai to Mysore via Bangalore.