China Military Watch - Jan 11, 2011

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 21:27

^^^They produced Diethylene Glycol (DEG) in excess quantity, did not know what to do with it. So, used it in toothpaste. What is wrong in it? :mrgreen:

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Re: China Military Watch - Jan 11, 2011

Postby Don » 16 Dec 2012 21:48

Like I Said Indians just talk and talk thats all they can do. :rotfl: Even the Maldives is giving you guys the middle finger. hehehehehehe...
Your neighbours one by one are showing their allegiance to the middle Kingdom. They know who is richer and stronger. :wink:

http://www.spacedaily.com/reports/India ... t_999.html

India's clout in question as regional troubles mount
by Staff Writers
New Delhi (AFP) Dec 16, 2012



India is a world power, so allies in the West would like to believe, but recent developments in its own backyard reveal the limits of the country's influence and still weak diplomatic force, said analysts.

Even in the historically favourable parts of its volatile neighbourhood, New Delhi has suffered reversals in recent weeks, particularly in a high-profile spat with the Maldives, a tiny nation of 300,000 people.

Earlier this month, the Maldives kicked out Indian infrastructure firm GMR and cancelled its $511-million deal to run the airport, thumbing its nose at Indian threats to cut off aid.

"The Maldives deal collapse can be considered as an isolated event, but it does cast a shadow over India's ability to take care of its economic interests in the region," said Wilson John, who heads the Observer Research Foundation think-tank in New Delhi.

The alliance with Maldivian President Mohamed Waheed appears to be heading the way of ties with counterpart Mahinda Rajapakse in neighbouring Sri Lanka, a relationship which has deteriorated steadily over the last few years.

Clashes over Rajapakse's treatment of ethnic Tamils, a politically important group in India, as well as the arrests of Indian fishermen have raised tensions.

New Delhi has also been angered by huge duties imposed on imported cars. Leading Indian business group CII believes Sri Lankan tariffs of up to 200 percent could hit 15 percent of India's car exports.

In the Maldives and Sri Lanka, some see the hand of China, which has forged ties with the governments in Colombo and Male and now offers a richer and more generous alternative to India for investment and infrastructure funding.

India's new foreign minister, Salman Khurshid, acknowledged as much last week when he said that New Delhi would have to "accept the new reality of China's presence in many areas that we consider an exclusive playground for India".

This signalled a more pragmatic approach than his predecessor, S.M. Krishna and others in the Indian security establishment, who are alarmed by China's maritime strength and growing influence in the Indian Ocean.

"We know how to resolve our disputes with all the countries in the region. It is a slow-moving process but we are moving in the right direction," Indian foreign ministry spokesman Syed Akbaruddin told AFP.

"You see, we cannot send our troops to resolve them."

In its northeastern neighbour Myanmar, India trails far behind China as the army-ruled country opens up to investment, and critics say New Delhi has been slow to react to recent pro-democracy changes.

"India is still not sure how to deal with Myanmar," said Sujit Dutta, a professor of international conflict studies at Jamia Millia Islamia University in New Delhi.

"At one level India wants to do business with Myanmar, but (it) is also uneasy in dealing with the military regime."

Opposition leader Aung San Suu Kyi, who is poised to benefit from further pro-democracy moves, made the barbed comment in New Delhi last month that she had been "saddened" by India's engagement with her country's ruling military junta.

Elsewhere in India's neighbourhood, once described by then US president Bill Clinton as "the most dangerous place in the world", the picture is bleak with the exception of Bangladesh, where previously poor relations have improved.

A peace dialogue between India and nuclear-armed Pakistan shows few signs of making real progress and despite a warming in rhetoric Indian Prime Minster Manmohan Singh recently declined an invitation to visit Islamabad.

In the deadlocked and dysfunctional politics of Nepal the ruling Maoists, who are closer to China and instinctively anti-Indian, still hold sway while even tiny Bhutan is starting to see the benefits of closer ties with Beijing.

"Small neighbouring countries find India's attitude to be very bossy," said analyst John. "They prefer China because it does not openly get involved in domestic affairs. Their tilt towards China cannot be denied."

Despite problems in the region and its tiny diplomatic service comparable in size to that of Singapore, India is looking to spread its commercial and diplomatic presence further afield with a "Look East" policy aimed at east Asia.

Such ambitions are being encouraged by the United States and other Western backers who see democratic India as a natural ally in Asia and a future counterweight to China.

But while US President Barack Obama hailed India as a fully fledged "world power" during a visit in 2010, the country's might in global affairs and ability to bring its size to bear remain in question.
Last edited by Don on 16 Dec 2012 21:54, edited 2 times in total.

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Re: China Military Watch - Jan 11, 2011

Postby titash » 16 Dec 2012 21:52

I guess the pertinent question is how much of that excess production of DEG is in those pharma API :-)
After all, productivity of glorious world class Han manufacturer >> kala desi's slumdog factory

Don/Ashi/Wong/Salamat Pagi...on a serious note, you must consider a few things:

(1) China has zero oversight, respect for health/environmental regulations, and quality control. The focus is *ONLY* on mass production so that Walmart can sell ultra cheapo stuff across the US. This results in a low capex, but a high opex to maintain any decent availability, uptime, etc. That's the reason why my 2007 Camry spends significantly more time in the garage than my 1995 mazda

(2) Why is *ALL* the news from your government sanctioned news media and uber national cyber posters so positive? Even the great white chief in the oval office ****** up and is criticized across the board. How can the chinese never do anything wrong? The LCA is criticized left and right at any hint of glitches or delays. Where are the chinese editorials saying that the J-31 is a cut-paste outwardly appearance copy of the JSF? Where is the newspaper report criticizing the lead designer of being non-innovative? These things are only possible in a free thinking democracy

(3) Why is there *ZERO* acknowledgement of developmental issues, project delays, project manager ****** ups, russian contributions, US trade secret pilfering, cyber espionage, patent infringements, etc. I cannot simply comprehend that every thing the chinese do is perfect and self-inspired...humans are simply not wired that way. Once again, these are only possible in a free thinking democracy

(4) If everything is so rosy and hunky dory, why haven't I had chinese raaj instead of pax romana, pax britannica, pax americana over the last 2000 years? The reason is simple. All great empires/major powers have some semblance of freedom of thought, word, religion, and expression that makes people buy in to these great power ambitions and feel like a stakeholder. Another reason why California is the center of innovation, and not Alabama

I'm open to discussion...

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Re: China Military Watch - Jan 11, 2011

Postby vishvak » 16 Dec 2012 21:55

Why have you missed China while talking of neighbors of India? Are powers around China such that China sees India as a trouble free democracy that offers a hand of friendship while China considers that as a weakness? That says much about the capacity of China to rile up one and all.

Where have Chinese learnt to do this? My guess is after Maoism purged local spiritual practices and Gurus were relegated to the background.

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Re: China Military Watch - Jan 11, 2011

Postby Don » 16 Dec 2012 21:56

Don wrote:Like I Said Indians just talk and talk thats all they can do. :rotfl: Even the Maldives is giving you guys the middle finger. hehehehehehe...
Your neighbours one by one are showing their allegiance to the middle Kingdom. They know who is richer and stronger. :wink:

http://www.spacedaily.com/reports/India ... t_999.html

India's clout in question as regional troubles mount
by Staff Writers
New Delhi (AFP) Dec 16, 2012



India is a world power, so allies in the West would like to believe, but recent developments in its own backyard reveal the limits of the country's influence and still weak diplomatic force, said analysts.

Even in the historically favourable parts of its volatile neighbourhood, New Delhi has suffered reversals in recent weeks, particularly in a high-profile spat with the Maldives, a tiny nation of 300,000 people.

Earlier this month, the Maldives kicked out Indian infrastructure firm GMR and cancelled its $511-million deal to run the airport, thumbing its nose at Indian threats to cut off aid.

"The Maldives deal collapse can be considered as an isolated event, but it does cast a shadow over India's ability to take care of its economic interests in the region," said Wilson John, who heads the Observer Research Foundation think-tank in New Delhi.

The alliance with Maldivian President Mohamed Waheed appears to be heading the way of ties with counterpart Mahinda Rajapakse in neighbouring Sri Lanka, a relationship which has deteriorated steadily over the last few years.

Clashes over Rajapakse's treatment of ethnic Tamils, a politically important group in India, as well as the arrests of Indian fishermen have raised tensions.

New Delhi has also been angered by huge duties imposed on imported cars. Leading Indian business group CII believes Sri Lankan tariffs of up to 200 percent could hit 15 percent of India's car exports.

In the Maldives and Sri Lanka, some see the hand of China, which has forged ties with the governments in Colombo and Male and now offers a richer and more generous alternative to India for investment and infrastructure funding.

India's new foreign minister, Salman Khurshid, acknowledged as much last week when he said that New Delhi would have to "accept the new reality of China's presence in many areas that we consider an exclusive playground for India".

This signalled a more pragmatic approach than his predecessor, S.M. Krishna and others in the Indian security establishment, who are alarmed by China's maritime strength and growing influence in the Indian Ocean.

"We know how to resolve our disputes with all the countries in the region. It is a slow-moving process but we are moving in the right direction," Indian foreign ministry spokesman Syed Akbaruddin told AFP.

"You see, we cannot send our troops to resolve them."

In its northeastern neighbour Myanmar, India trails far behind China as the army-ruled country opens up to investment, and critics say New Delhi has been slow to react to recent pro-democracy changes.

"India is still not sure how to deal with Myanmar," said Sujit Dutta, a professor of international conflict studies at Jamia Millia Islamia University in New Delhi.

"At one level India wants to do business with Myanmar, but (it) is also uneasy in dealing with the military regime."

Opposition leader Aung San Suu Kyi, who is poised to benefit from further pro-democracy moves, made the barbed comment in New Delhi last month that she had been "saddened" by India's engagement with her country's ruling military junta.

Elsewhere in India's neighbourhood, once described by then US president Bill Clinton as "the most dangerous place in the world", the picture is bleak with the exception of Bangladesh, where previously poor relations have improved.

A peace dialogue between India and nuclear-armed Pakistan shows few signs of making real progress and despite a warming in rhetoric Indian Prime Minster Manmohan Singh recently declined an invitation to visit Islamabad.

In the deadlocked and dysfunctional politics of Nepal the ruling Maoists, who are closer to China and instinctively anti-Indian, still hold sway while even tiny Bhutan is starting to see the benefits of closer ties with Beijing.

"Small neighbouring countries find India's attitude to be very bossy," said analyst John. "They prefer China because it does not openly get involved in domestic affairs. Their tilt towards China cannot be denied."

Despite problems in the region and its tiny diplomatic service comparable in size to that of Singapore, India is looking to spread its commercial and diplomatic presence further afield with a "Look East" policy aimed at east Asia.

Such ambitions are being encouraged by the United States and other Western backers who see democratic India as a natural ally in Asia and a future counterweight to China.

But while US President Barack Obama hailed India as a fully fledged "world power" during a visit in 2010, the country's might in global affairs and ability to bring its size to bear remain in question.

Your New foreign Minister sounds like he is dhotti shivering. :lol:

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Re: China Military Watch - Jan 11, 2011

Postby Chinmayanand » 16 Dec 2012 22:08

Don wrote:Your New foreign Minister sounds like he is dhotti shivering. :lol:


That is diplomatically fingering Chinese bossom and telling it to accept Indian presence in South China Sea and stop bullying its neighbour in SCS with its lil willy . But understanding diplomatic finesse is beyond your 50-cent brain. :rotfl:

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Re: China Military Watch - Jan 11, 2011

Postby eklavya » 16 Dec 2012 22:14

Don wrote:I told you Indians just talk big they have no bite. :rotfl: They can't even do a simple thing like drilling for oil. hahahhaha

http://www.hindustantimes.com/India-new ... 45201.aspx


If drilling for oil in that block is so easy, and if that block belongs to China, then where are your drill ships?

China talks complete rubbish about SCS belonging to China. Something as simple as ONGC holding on to its block there makes the Chinese claim to the SCS hollow, weak and worthless.

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Re: China Military Watch - Jan 11, 2011

Postby eklavya » 16 Dec 2012 22:20

Don wrote:Like I Said Indians just talk and talk thats all they can do. :rotfl: Even the Maldives is giving you guys the middle finger. hehehehehehe...
Your neighbours one by one are showing their allegiance to the middle Kingdom. They know who is richer and stronger. :wink:


Our neighbours are taking full advantage of the stupidity and insecurity of the CPC and the PLA. I do not see any signs of them following China, simply of using China as a useful idiot to improve their bargaining position with India.

China's only friends in the world are North Korea and Pakistan. What China, North Korea and Pakistan all have in common is an illegitimate insecure regime that fears, first and most of all, its own people.
Last edited by eklavya on 16 Dec 2012 22:24, edited 1 time in total.

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Re: China Military Watch - Jan 11, 2011

Postby shiv » 16 Dec 2012 22:23

Don wrote:Like I Said Indians just talk and talk thats all they can do. :rotfl: Even the Maldives is giving you guys the middle finger. hehehehehehe...
Your neighbours one by one are showing their allegiance to the middle Kingdom. They know who is richer and stronger. :wink:

Of course. But only poor India is showing China the middle finger as we dhoti shiver. China is the one nation that recognizes a fellow incompetent. The difference between Chinese wealth and Indian poverty is in the excellent quality of faking and pretence by China

Oops - I forgot. More dhoti shivering. Japan and Vietnam are allso showing middle finger

And oh I forgot again. Here is a Sri Lankan showing China the middle finger after accepting Chinese help
http://www.thehindu.com/news/internatio ... 196615.ece
Defence and Urban Development Secretary Gotabaya Rajapaksa has said the Hambantota port is not part of a Chinese ‘string of pearls’ to surround India. “Placing the Hambantota port within the paradigm of the ‘string of pearls’ theory is not correct…From Sri Lanka’s perspective, I wish to clarify that the Chinese investment in the Hambantota port is a purely economic one,” said Mr. Gotabaya Rajapaksa. He added that most of the larger companies setting up operations at the Hambantota port were “actually Indian”.


Meanwhile, more about the Chinese string of pearls ROTFLS
http://www.deccanherald.com/content/197 ... valry.html
A day before holding talks with Myanmar, India Thursday rejected competition with China and opposed sanctions targeting Yangon. New Delhi also set 2013 deadline for completing Sittwe port, a landmark project that will act as a trade gateway for India's northeastern states to southeast Asia.

Of course I am angry at the way the Maldives showed its middle finger as in the news below
http://www.daijiworld.com/news/news_dis ... _id=155293
Seeking to mollify New Delhi after intemperate anti-India remarks by a key presidential aide, Maldives has given profound apology as a USD 514-million airport project carried out by Indian company GMR became a target of political football here


Yes we do dhoti shiver. And we talk too much. But it helps us understand faking and pretence from the Han.

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Re: China Military Watch - Jan 11, 2011

Postby shiv » 16 Dec 2012 22:25

I heard that China is getting back into Gwadar trying to make the "String of LOLs" Only Pakistanis will lick Chinese ass and its amazing to see how Chinese swell with pride when that is done :)

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 22:34

Don wrote:Your New foreign Minister sounds like he is dhotti shivering. :lol:


See, china has a hidden agenda against muslims. Since Indian foreign miniter is muslim (Salman kurshid), :arrow: Don thinks he can deride muslims like they do in China. :mrgreen:

I have been praising china, for one thing they are good at (supressing islam). But, chinese biladels don't want to accept that. :rotfl:

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Re: China Military Watch - Jan 11, 2011

Postby Don » 16 Dec 2012 22:38

Hahahahha...I love you guys. :rotfl: You guys always bite. 8)

Oh btw, make sure you give your white masters an answer to this probe. You know when Bharat buy most of your weapons from them. India will have to keep account on how it is using them. I know its hard to get rid of that colonial mentality and think of them as your MASTER. :wink:

http://au.news.yahoo.com/thewest/a/-/wo ... n-myanmar/

India probing presence of Swedish arms in Myanmar

AFPDecember 15, 2012, 9:08 pm

YANGON (AFP) - India is investigating how Swedish-made weapons bought by its army turned up in Myanmar, a minister visiting Yangon said Saturday, denying New Delhi had supplied arms in contravention of EU sanctions.

Sweden asked India on Thursday to clarify how the weapons wound up in Myanmar after it was revealed the Indian army had purchased them, Trade Minister Ewa Bjorling told the Swedish parliament.

Bjorling said the Swedish Agency for Non-Proliferation and Export Controls (ISP) had informed her that the weapons had come from India.

Pictures taken in Myanmar and published in Swedish media this week showed a Carl Gustaf M3 anti-tank rifle and ammunition left behind by Myanmar government soldiers.

The weapon's serial number is clearly visible in one of the photographs.

"One thing is clear... we are not in the business of supplying weaponry," Salman Khurshid, Indian Minister of External Affairs, told reporters in Yangon.

"We will try to find out how this happened. It's one weapon, isn't it? In a very big world, one single weapon has been identified," he said, adding that the Indian army will check its inventory as part of the probe.

The minister has met with Myanmar's President Thein Sein and opposition leader Aung San Suu Kyi during his trip, holding discussions on energy, infrastructure and border issues.

According to a story published in Britain's Independent newspaper, the Swedish weapons were used by Myanmar troops in their fight against ethnic Kachin rebels in the country's far north.

The rebels urged Myanmar's military to end hostile operations in September after fighting broke out last year following the collapse of a 17-year ceasefire between the two sides, forcing tens of thousands of people to flee their homes.

Several rounds of talks aimed at resolving the conflict have been overshadowed by ongoing battles.

The European Union has had a weapons embargo against Myanmar since 1996.
On Wednesday, an ISP spokeswoman said it was "relatively unusual" for Swedish weapons to end up in the hands of third parties.

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Re: China Military Watch - Jan 11, 2011

Postby eklavya » 16 Dec 2012 22:46

Don wrote:Oh btw, make sure you give your white masters an answer to this probe. You know when Bharat buy most of your weapons from them. India will have to keep account on how it is using them. I know its hard to get rid of that colonial mentality and think of them as your MASTER.


You are just jealous and frustrated that the Europeans and the US will not sell you any weapons ever since the PLA killed thousands of civilians in Tiananmen Square. PLA is considered too disgusting to do any business with. So PLA has to steal and make third-rate copies, while the whole world is desperate to sell their best weapons to India. So sad and horrible for you ...

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Re: China Military Watch - Jan 11, 2011

Postby shiv » 16 Dec 2012 22:48

In March 1971 everyone was wondering how Indian Ishapore 7.62 mm rifles were in the hands of East Bengali rebels. By December 1971 the whole world found out how those arms got there. Do I see a hint of frustration that the Myanmarese are using Indian supplied arms while India denies it and plays innocent? Even Myanmar has found out that China supplies junk.

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Re: China Military Watch - Jan 11, 2011

Postby Don » 16 Dec 2012 22:51

eklavya wrote:
Don wrote:Oh btw, make sure you give your white masters an answer to this probe. You know when Bharat buy most of your weapons from them. India will have to keep account on how it is using them. I know its hard to get rid of that colonial mentality and think of them as your MASTER.


You are just jealous and frustrated that the Europeans and the US will not sell you any weapons .

Ah typical Colonialist mentality. You guys can't even make your own guns. Hahahaha....Just buy, buy and buy. It would be funny if it wasn't the poverty and Malnourishment many Indians are facing. :cry:


http://post.jagran.com/army-to-buy-new- ... 1322713389

Army to buy new improved assault rifles to replace INSAS guns

Posted on: 01 Dec 2011, 12:42 PM

New Delhi: The Indian Army is all set to be armed with new weapons as the Defence Ministry has invited global tenders for 65,000 new assault rifles

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Re: China Military Watch - Jan 11, 2011

Postby member_22539 » 16 Dec 2012 22:55

They guy gets reamed and he is loving it. I am afraid that his masochistic tendencies are showing (no doubt beaten into him by the CPC). Well, its all fun and games for me, after all I don't have to worry about summary executions.

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 22:56

Don wrote:Hahahahha...I love you guys. :rotfl: You guys always bite.


ho ho ho. me too buddy. You give me quite a bit of entertainment everyday. :mrgreen:

Oh btw, make sure you give your white masters an answer to this probe. You know when Bharat buy most of your weapons from them. India will have to keep account on how it is using them. I know its hard to get rid of that colonial mentality and think of them as your MASTER. :wink:


:lol: Whenever you bring in India, I can make out somebody has made you angry. :mrgreen: was it me?

Oh in between, what happened to the chopped children probe ( 22 of them)? Did you people send that guy to concentration camp? :lol:

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 23:00

Don wrote:Ah typical Colonialist mentality. You guys can't even make your own guns. Hahahaha....Just buy, buy and buy. It would be funny if it wasn't the poverty and Malnourishment many Indians are facing. :cry:


Guess what, it isn't chinese/Junk? or it isn't stolen from someone? :rotfl:

nor was it toxic. :mrgreen:

why don't you enlighten us on Diethylene Glycol (DEG)?

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Re: China Military Watch - Jan 11, 2011

Postby member_22539 » 16 Dec 2012 23:01

^^Nope, he just went back to the kitchen. Apparently, chopped up kids are the new delicacy for rich Chinese. I guess the got tired of eating all the other shit they eat. Then again, its an old dish right? Mao did prepare a lot of chopped up people to eat during those famine years. Arr hair gleat readel Mao!!!!!!

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Re: China Military Watch - Jan 11, 2011

Postby shiv » 16 Dec 2012 23:04

Don wrote:New Delhi: The Indian Army is all set to be armed with new weapons as the Defence Ministry has invited global tenders for 65,000 new assault rifles


Hmm. China is not in the reckoning as a supplier to India despite its cheap quality indigenous arms. China wants to export arms, but can only manage exports to Pakistan, Congo, etc. Myanmar has opted out as posted above. 8) India starves its people so it can have money for arms, but won't buy China quality even though they are advertised as cheap. Ironic. If Chinese arms could compete with others and if Chinese learned how to bribe Indians then only China could defeat China in war with India.

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 23:07

Arun Menon wrote:^^Nope, he just went back to the kitchen. Apparently, chopped up kids are the new delicacy for rich Chinese. I guess the got tired of eating all the other shit they eat. Then again, its an old dish right? Mao did prepare a lot of chopped up people to eat during those famine years. Arr hair gleat readel Mao!!!!!!


Guess what? they have done that too. They buy 1 or 2 day old infants, pickle it and sell it to prospective buyers. It is too graphic, so not posting pictures or links.

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Re: China Military Watch - Jan 11, 2011

Postby Don » 16 Dec 2012 23:08

Yes take the bitter pill. You don't want your white masters to downgrade you to junk status. :rotfl:


http://www.business-standard.com/india/ ... fm/495671/
Take a bitter pill or risk junk rating for India: FM

Chidambaram assures more reform measures in a week to accelerate economic growth

BS Reporter / New Delhi Dec 15, 2012, 00:32 IST



Cautioning that India’s sovereign ratings could be downgraded to junk if fiscal consolidation does not take place, Finance Minister P Chidambaram on Friday sought to prepare the country for some “bitter” pills and said more reform measures were in the pipeline. His statement came a day after the Cabinet took a slew of reform measures.

“If we do not succeed in fiscal consolidation, there is a risk of rating downgrade to junk status. We cannot afford that,” Chidambaram said in his reply to a debate on the supplementary demand for grants for 2012-13 in the Lok Sabha.



He said some “bitter medicine” was necessary to restore the health of the economy and get back to high growth path. “This bitter medicine is good medicine. It will restore the health of the economy and next year we can look forward to much higher growth,” he said.

Later, amid a walkout by the Bharatiya Janata Party ( BJP) and the Trinamool Congress, the Lok Sabha passed the first batch of supplementary demands for grants that seek to raise government expenditure by Rs 32,120 crore in 2012-13.

Of the total outgo of Rs 30,804 crore, Rs 28,500 crore would be towards oil subsidy and Rs 2,000 crore for rehabilitating Air India.

Earlier this year, the government came out with a fiscal consolidation road map for five years, coinciding with the 12th Five Year Plan (2012-13 to 2016-17). According to the road map, the Centre’s fiscal deficit target has been revised to 5.3 per cent of the gross domestic product (GDP) for this financial year against the 5.1 per cent pegged in the Budget. Till October, 68 per cent of even the revised target has been covered.

However, Economic Affairs Secretary Arvind Mayaram was hopeful of meeting the target. “5.3 per cent is the fiscal deficit target for this year. And, 5.3 per cent it shall be,” he said on the sidelines of the Delhi Economic Conclave, organised by his department.

On yesterday’s Cabinet decision to reduce the reserve price for telecom spectrum sale for 2G services by 30 per cent, he said, “I can’t predict the market but we are hoping to optimise (spectrum auction). How much will come, I cannot say.... I’m quite confident companies will now bid more aggressively than they did (earlier).”

Standard & Poor’s (S&P) and Fitch Ratings have warned India on downgrading its rating to junk. S&P had even said there was one out of three chances of the downgrade, since political gridlock makes it difficult to carry out fiscal reforms.

At the conclave, World Bank Chief Economist Kaushik Basu said he did not see any reason why India’s ratings should be downgraded.

“India by no means is a prime candidate for downgrading in terms of rating, especially with these reforms now in the picture. If I were in-charge of a rating agency, India is definitely not in the category where you begin to worry about downgrading,” he said on the sidelines of the event.

The Cabinet had yesterday cleared a slew of reforms like creating the Cabinet Committee on Investment to fast-track projects costing above Rs 1,000 crore stuck in clearances, amendments to the land acquisition Bill and a new investment policy for urea. Speaking at the Delhi Economic Conclave, Chidambaram said more reforms will be coming in a week to turn around the economy.

“I am confident that the steps we have taken — and some more steps that we will take in the next few weeks — will help turn the Indian economy around,” he said.

But Sunil Kant Munjal, joint MD, Hero MotoCorp, said amendments to the land acquisition Bill would increase the cost of acquiring land by six-seven times, and lengthen the time by two-three times.

Chief Economic Advisor Raghuram Rajan said the government was reaching the limits on providing fiscal or monetary stimulus and the need of the hour was to improve investor confidence and create a better environment for achieving sustainable growth.

Chidambaram said it was too early to say whether the reforms undertaken by the government, including 51 per cent foreign direct investment (FDI) in multi-brand retail, had started yielding results but some signs of economic recovery were there.

He doled out statistics to buttress his points — manufacturing PMI rose to a five-month high in November, foreign portfolio capital inflows amounted to $21 billion up to November 30 this calendar year, the stock markets leading indices have risen about 11.5 per cent between August 1 and December 13.

But the finance minister did not mention 8.2 per cent increase in the Index of Industrial Production (IIP) in October, which he had described as the “green shoots” of recovery a few days ago.

Many analysts had said the IIP growth had come on the back of a low base effect of (-) 5 per cent expansion in October last year. Former RBI Governor Bimal Jalan did not totally buy the theory of base effect pushing up industrial growth, saying when the growth was down, then also it was a base effect.

Stressing the present challenge was different from the one faced in 2008, Chidambaram said, “The present challenge calls for bold and innovative measures.”

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 23:10

Arun Menon wrote:^^Nope, he just went back to the kitchen. Apparently, chopped up kids are the new delicacy for rich Chinese. I guess the got tired of eating all the other shit they eat. Then again, its an old dish right? Mao did prepare a lot of chopped up people to eat during those famine years. Arr hair gleat readel Mao!!!!!!


Forgot to mention the highlighted part. They have done that too. :mrgreen:

Google "panda bear poop tea". So, it is really 'true'. They eat 'shit' or drink perhaps. :lol:

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 23:13

Don wrote:Yes take the bitter pill. You don't want your white masters to downgrade you to junk status. :rotfl:


If push comes to shove, we sell 'opium' to prospective buyers. You know we have experience shipping it to a friendly neighboring country. :P

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Re: China Military Watch - Jan 11, 2011

Postby eklavya » 16 Dec 2012 23:15

Japan election: LDP's Shinzo Abe vows tough China line

He also wants to deepen ties with India and Australia.

CPC and PLA policy of provoking territorial disputes with neighbouring states to generate nationalist support is back-firing badly.

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 23:21

Don wrote:Yes take the bitter pill. You don't want your white masters to downgrade you to junk status. :rotfl:


Jeez, How could i have missed the word "junk"? You want a lecture on Junk? well read chinese history!. :rotfl:

Here let me help you.

A junk is an ancient Chinese sailing vessel/ship design still in use today. Junks may have developed from very early bamboo rafts which had a high stern. Cromagnon cave paintings on the Indo China coast show junk shaped doublehull vessels


Definition of Junk :lol:

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Re: China Military Watch - Jan 11, 2011

Postby Victor » 16 Dec 2012 23:26

Image
Why is this posted in the military watch thread? Because the mine these people are protesting is owned by NORINCO.

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Re: China Military Watch - Jan 11, 2011

Postby Don » 16 Dec 2012 23:28

Oh wow !! Another one ? This just keeps on coming.. 8)


http://www.bbc.co.uk/news/business-20722602

13 December 2012

PetroChina agrees $2.2bn Encana natural gas deal

PetroChina has agreed a deal to buy a 49.9% stake in Canadian firm Encana's natural gas project in Alberta.

According to Encana, the project contains supplies equivalent to nearly nine billion barrels of oil.

State-owned PetroChina, the country's biggest oil and gas producer, will pay $2.2bn (£1.3bn) for the stake.

It is the latest investment in an overseas oil and gas resource by a Chinese firm as companies look to meet growing domestic energy demand.

Earlier this week, PetroChina said it would buy BHP Billiton's stake in an Australian liquefied natural gas project.

Meanwhile, another Chinese firm, CNOOC, got approval from Canadian authorities earlier this month to take over oil firm Nexen.....




Compared to this Indian Fiasco :

http://www.livemint.com/Industry/l9yyTA ... ition.html

ONGC wanted to retreat from Imperial buy

Firm had sent a govt delegation to London to voice its concern over the valuation of the acquired assets

Shubham Shivang & | Utpal Bhaskar

First Published: Tue, Oct 16 2012. 07 30 PM IST

Updated: Wed, Oct 17 2012. 01 17 AM IST


New D elhi: Even as Oil and Natural Gas Corp. Ltd (ONGC) is struggling with its acquisition of the UK’s Imperial Energy Corp. Plc., it now emerges that India’s biggest oil exploration company wanted to terminate the agreement.

The company even sent a government delegation to London to voice its concern over the valuation of the acquired assets to the UK regulators.

ONGC had paid $2.1 billion (around Rs.11,088 crore today) in 2009 in the company’s most expensive overseas acquisition to tap the UK-based explorer’s Siberian deposits as part of an effort to secure overseas energy assets and reduce the country’s dependence on imports.

“After the agreement was entered into by ONGC, the oil price dipped sharply. A question arose before the ONGC board, whether the deal can be dropped. While there was unanimity on exiting the deal, the board also understood that we couldn’t get out of it due to legal implications,” a person aware of the developments said, requesting anonymity.

Peak oil output from the Siberian fields was estimated at 80,000 barrels per day (bpd) by 2011 at the time of the purchase, which was lowered to 45,000 bpd, Mint reported on 17 June 2010.

The field is currently producing only around 15,000 bpd.

“We wanted to retreat on Imperial. So much so that a delegation was sent by the Indian government to London,” an ONGC executive said on condition of anonymity.

“The legal opinion sought by ONGC said that since Imperial was a listed entity, it couldn’t terminate the agreement. The UK regulators told the delegation that ONGC couldn’t get out of it from the legal standpoint. The decision to go ahead with the deal was taken after legal recourse offered no exit,” the person cited earlier said.

ONGC has decided not to invest additional money in Imperial Energy until it has a suitable strategy in place. Imperial’s main asset is its Siberian fields, with acreage of around 16,800 sq. km. Apart from the acquisition cost, ONGC has invested around $500 million in Imperial. It also set aside $408 million to cover the impairment of Imperial’s asset value in the last fiscal. A government official aware of India’s hesitancy to go ahead with the deal said, “While there was opposition within the government, it still went through. A delegation was sent to London to express our concerns.” He too declined to be named.

The Comptroller and Auditor General of India in 2011 criticized the acquisition of Imperial Energy. The government’s auditor said ONGC’s overseas unit had incurred a loss of Rs.1,182.14 crore between January 2009 and March 2010 due to its inability to achieve the estimated oil production of 35,000 bpd. The public auditor said ONGC’s “prediction for production levels was highly optimistic rather than realistic”.

“Some deals have larger geo-political rationale rather than just pure economics,” said an oil ministry functionary, requesting anonymity. The person declined to elaborate further.

India’s investments in the energy sector in Russia include a 20% stake in the Sakhalin-I hydrocarbon block through ONGC.

While a spokesperson for India’s ministry of external affairs didn’t respond to emailed queries, a second ONGC executive who also didn’t want to be identified said, “The deal had little to do with geology.”

Russian conglomerate Sistema JSFC has valued Imperial Energy’s assets at $500 million, a quarter of the sum ONGC paid to buy the explorer, Mint reported on 23 July. The low valuation has effectively stymied the proposed merger of Sistema’s units JSC Bashneft and OAO RussNeft with Imperial Energy. After the merger, ONGC was to acquire a 25% stake in the combined entity by divesting the UK explorer

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Re: China Military Watch - Jan 11, 2011

Postby eklavya » 16 Dec 2012 23:30

Don wrote:Ah typical Colonialist mentality. You guys can't even make your own guns. Hahahaha....Just buy, buy and buy. It would be funny if it wasn't the poverty and Malnourishment many Indians are facing. :cry:


You would love to buy the same weapons, except that no one will sell them to you, because your army killed thousands of Chinese civilians protesting peacefully in Tiananmen Square.

Because the CPC and PLA are afraid of the common citizens of China, they have to create FAKE territorial disputes with neighbours, to generate some support for the party and the army.

Malnourishment and poverty in India is caused by corruption, not by defence imports. The poor and the hungry in India do not protest the defence budget.

You make yourself look weak and uninformed by bringing in poverty & malnourishment in India into a debate about the Chinese military's impotence.
Last edited by eklavya on 16 Dec 2012 23:36, edited 1 time in total.

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Re: China Military Watch - Jan 11, 2011

Postby kish » 16 Dec 2012 23:34

Don wrote:Oh wow !! Another one ? This just keeps on coming.. 8)

PetroChina agrees $2.2bn Encana natural gas deal

PetroChina has agreed a deal to buy a 49.9% stake in Canadian firm Encana's natural gas project in Alberta.




What toxic chemical or Gas you guys are going to mix in it? :mrgreen: Because the end users are chinese themselves, may get killed by the government.

Its not like the communist government is shy in killing Chinese. It will be fun to know the prospective number beforehand. :D

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Re: China Military Watch - Jan 11, 2011

Postby eklavya » 16 Dec 2012 23:42

Don wrote:Oh wow !! Another one ? This just keeps on coming..


Your desperation is showing badly. You have nothing sensible or truthful to say about the Chinese military, so now you want to talk about credit ratings and cross-border M&A? Sad ....

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Re: China Military Watch - Jan 11, 2011

Postby Chinmayanand » 16 Dec 2012 23:46

These chinese trolls are really poor . In order to up their postcount * 50cents, these pakis don't even understand which news is economic and which is military & where to post it.
Now looks like , i will have to pre-launch my Agni-V in ultra low-low mode while forum admins are enjoying massage in Chinese parlours.

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Re: China Military Watch - Jan 11, 2011

Postby member_23370 » 17 Dec 2012 00:02

Nope the chinese trolls just realized that they lost the military thread badly and lost face. Chinese military products are only used by those who cannot afford or buy decent quality weapons. All this nonsense about petro deals are desperate attempts to save face. Once face is lost chinks get vely vely upset and resolt to such tactics.

Let us remember the trolls in a moment of miscalculation let down the guard and admitted the J-10 has no future in military sales. It is only meant to be gifted free. No one will pay for that crap.

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Re: China Military Watch - Jan 11, 2011

Postby DavidD » 17 Dec 2012 00:20

Sooooo....remember how we used to talk about military hardware on this thread?

Anyhow, recent rumor from a pretty reputable source indicate that the J-20 variant is being developed for carrier ops, slated to fly in '13-'14 and compete against the J-21. Any thoughts? I'm a bit ambivalent regarding the issue. On the one hand, you want large aircrafts when it comes to stealth platforms due to having to carry everything internally. On the other hand, carrier-borne aircrafts tend to be of smaller sizes to conserve space. Is there room for both platforms? Or is that simply too wasteful?

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Re: China Military Watch - Jan 11, 2011

Postby Boreas » 17 Dec 2012 00:31

Abe's relection is a welcome move. Everything is falling apart for chini commie party :D

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Re: China Military Watch - Jan 11, 2011

Postby Harshad » 17 Dec 2012 00:35

Don wrote: You guys can't even make your own guns. Hahahaha....Just buy, buy and buy. It would be funny if it wasn't the poverty and Malnourishment many Indians are facing. :cry:


http://post.jagran.com/army-to-buy-new- ... 1322713389

Army to buy new improved assault rifles to replace INSAS guns

Posted on: 01 Dec 2011, 12:42 PM

New Delhi: The Indian Army is all set to be armed with new weapons as the Defence Ministry has invited global tenders for 65,000 new assault rifles


What types of Multicalibre rifles does China make?

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Re: China Military Watch - Jan 11, 2011

Postby Chinmayanand » 17 Dec 2012 01:23

Image

Malnourishment In china :(( :(( :((

Chinese cannibalism of infant flesh outrages the world

China’s one child policy, baby trafficking, and sex trafficking of North Korean women aren’t the worst human rights violation happening in the country. Aborting innocent and healthy unborn children and eating them to boost one’s stamina and sexual health is.




Ackthoo on cheenis ... Image

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Re: China Military Watch - Jan 11, 2011

Postby wrdos » 17 Dec 2012 09:52

Dear friends, let's stop here, it is enough.

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Re: China Military Watch - Jan 11, 2011

Postby member_22539 » 17 Dec 2012 09:56

^^Oh really? Guess who started all this crap. This is just a reaction to people who don't know their place. Like the saying goes "People who live in glass houses shouldn't throw stones."

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Re: China Military Watch - Jan 11, 2011

Postby ashi » 17 Dec 2012 10:10

Arun Menon wrote:^^Oh really? Guess who started all this crap. This is just a reaction to people who don't know their place. Like the saying goes "People who live in glass houses shouldn't throw stones."


The mess is caused by bunch of insecure indian posters who have serious inferiority complex. Any positive news about China would make them jump and start trolling instantly.
Last edited by ashi on 17 Dec 2012 10:11, edited 1 time in total.


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