Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ News / World/  India ‘overly interpreting’ China’s military buildup: Chinese media
BackBack

India ‘overly interpreting’ China’s military buildup: Chinese media

India must not exaggerate concerns on the China-Pakistan Economic Corridor or overly interpret Beijing's military development, Global Times said

The paper urged India to abandon its “suspicions” and adopt a pragmatic attitude towards China’s and Pakistan’s development. Photo: Bloomberg.Premium
The paper urged India to abandon its “suspicions” and adopt a pragmatic attitude towards China’s and Pakistan’s development. Photo: Bloomberg.

Beijing: India must not “exaggerate" concerns on the China-Pakistan Economic Corridor or “overly interpret" Beijing’s military development, a state-run Chinese daily said on Monday, days after the Indian Army chief suggested New Delhi carry out counter-encirclement of its “future adversaries".

The article in Global Times, a ruling Communist Party publication, said India worries that China was intentionally meddling in India-Pakistan disputes, “utilising the CPEC (which runs through the Pakistan-occupied Kashmir) to grant legitimacy to Islamabad’s control over the disputed region." “India is viewing Beijing and Islamabad as potential threats and is suspicious of Beijing’s One Belt and One Road initiative and the China-Pakistan Economic Corridor (CPEC)," it said, adding that “India is exaggerating the situation".

“Beijing respects New Delhi’s sovereignty concerns, and is willing to mediate in India-Pakistan disputes, on the condition that it accords to the wishes of both India and Pakistan," it said.

The remarks in the Chinese daily came after Army chief Gen Bipin Rawat last week said India must have close ties with Iran, Iraq and Afghanistan considering the security matrix. He said such a strategy will create a two-pronged dilemma for Pakistan, and also help tackle issues with the other difficult neighbour China, suggesting New Delhi should “carry out counter-encirclement for our future adversaries."

Referring to his remarks, the article said China advocates peaceful development and it “has and will never seek hegemony in the region." China’s defence budget will rise by about 7% this year, the lowest since 2010 and Beijing’s military development is “part of its national construction, and New Delhi should not overly interpret it," it said. The Indian media suggests that China’s military expenditure for 2017, about 1.3% of the GDP, is three times higher than that of India.

“Frankly speaking, even if New Delhi’s military spending is boosted to the same level, India still lags behind its northern neighbour in its military capability. For instance, India’s development of aircraft carrier is very slow despite its early start," it said. China has one refurbished aircraft carrier and recently launched a homemade carrier, which was expected to take a few years to operationalise. A third carrier is reportedly under construction.

The official media again urged India to join the ambition Chinese project to link China with Eurasia through the Belt and Road (B&R) initiative amid concern here about New Delhi’s apparent silence over participation in this week’s B&R summit. At least 28 heads of state and government, including the prime ministers of Pakistan and Sri Lanka, have confirmed their participation in the summit Beijing is projecting as a global acceptance of the initiative.

The article said “instead of being overly concerned about China’s rise, New Delhi should consider taking an early role in B&R initiative. China’s infrastructural initiative will not only bring economic benefits, but also fulfil India’s ambition to be an influential economic power in the region."

It urged India to abandon its “suspicions" and adopt a pragmatic attitude towards China’s and Pakistan’s development. The B&R initiative includes a maze of road, rail and port projects in a number of countries to connect mainland China to markets in Asia and Europe. While the CPEC is highlighted as the “flagship project" of the initiative, it also includes the Bangladesh-China- India-Myanmar (BCIM), New Eurasian Land Bridge, China- Mongolia-Russia Economic Corridor, China-Indochina Peninsula Economic Corridor and 21st Century Maritime Silk Road. PTI

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 08 May 2017, 02:09 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App