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India flexes its muscle at Davos as China’s star fades
CNN ^ | 19 January 2023 | Julia Horowitz

Posted on 01/19/2023 9:29:07 PM PST by Cronos

this year, dominating the main street in Davos are emissaries from India, who have taken over at least eight storefronts with appeals to the elite gathering’s political and business class.

“Every 10 steps you will have either us or a state government or a private entity,” said Deepak Bagla, the CEO of national investment promotion agency Invest India. One investor, Bagla joked, had described the thoroughfare as “Little India.”

India has shown up in force for good reason. In 2023, as global recession fears persist, the country is expected to log the best performance of any major economy. The World Bank is estimating growth of 6.6%, compared to just 0.5% for the United States and 4.3% for China.

If it can maintain its momentum, India will overtake Germany as the world’s fourth largest economy in 2026, knock Japan from the number three spot in 2032 and become only the third country with GDP worth $10 trillion by 2035, according to an analysis by the Centre for Economics and Business Research.

India’s economy currently stands at nearly $3.5 trillion, making it the world’s fifth largest.

The case for investing has been bolstered by geopolitics. As Western business leaders talk about “nearshoring” — shortening supply chains to reduce risks — and “friendshoring,” or boosting economic cooperation with countries that have similar values, the world’s biggest democracy presents a clear alternative to China.

...7the biggest lure may come from the emergence of “China plus one” business strategies, which aim to reduce reliance on the world’s second biggest economy. Beijing’s harsh pandemic response, which added to strain on global supply chains, amplified concerns about its openness. Meanwhile, Russia’s invasion of Ukraine heightened alarm about overreliance on the West’s geopolitical rivals, and has raised scrutiny of China’s threats against Taiwan.

(Excerpt) Read more at edition.cnn.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: inflateddollar; juliahorowitz; overrelianceontheusa
“I think the world is realizing you want to be friends with a democracy,”


1 posted on 01/19/2023 9:29:07 PM PST by Cronos
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To: Cronos

>> “I think the world is realizing you want to be friends with a democracy,”

True enough. Better India than the CCP.

On the other hand, look how many Indians are integral to the technological deep state. Exhibit A is that evil beyotch Vijaya Gadde that was in charge of deep state collusion at Twitter before she was axed by Musk.

And what about that cold, cold vermin twat Vanita Gupta? Barely confirmed as associate AG with RINO help. She is toxic to freedom and to everything else good that America stands for.


2 posted on 01/19/2023 10:06:23 PM PST by Nervous Tick (Truth is not hate speech.)
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Luckily, neither China nor India have any impact on the global climate the WEF never STFU about.


3 posted on 01/19/2023 10:09:28 PM PST by Gene Eric (Don't be a statist!)
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To: Gene Eric

If the Earth were a Global Democracy, India and the ballot collecting CCP would win.


4 posted on 01/19/2023 10:33:02 PM PST by Paladin2
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To: Cronos

Why are the Davos store fronts available?


5 posted on 01/19/2023 10:33:56 PM PST by Paladin2
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To: Cronos

The mainstream media carrying the “Deep State” message.


6 posted on 01/19/2023 11:00:11 PM PST by Nextrush (FREEDOM IS EVERBODY'S BUSINESS-REMEMBER PASTOR NIEMOLLER)
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To: Cronos

BTTT


7 posted on 01/19/2023 11:13:07 PM PST by nopardons
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To: Cronos

The Modi government appears to have been good for India.


8 posted on 01/19/2023 11:54:45 PM PST by Jyotishi (Seeking the truth, a fact at a time.)
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To: Paladin2

Because Davos is a town in Switzerland which is a capitalist country. So stores can rent out their front space for advertisements.


9 posted on 01/20/2023 1:27:49 AM PST by Cronos (.)
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To: Cronos

So the “stores” shut down or move to the back?

I can understand how the building owners feel about their short term residents, but it looks a bit weird.


10 posted on 01/20/2023 1:32:09 AM PST by Paladin2
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To: Gene Eric
Luckily, neither China nor India have any impact on the global climate the WEF never STFU about.

What are you talking about? ?
India holds the key to hitting global climate change targets

India has sizeable and growing energy needs, and with this, comes the prospect of spiralling greenhouse gas emissions (GHGs).

The country has made huge strides in improving energy access, but needs to continue to develop the energy network and diversify its fuel mix.
and

China's pollution pledge,

Top environment and climate change stories: China's President Xi Jinping vowed to 'eliminate' air and water pollution;

11 posted on 01/20/2023 1:34:34 AM PST by Cronos (.)
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To: Cronos

India cant be trusted either. They are tight with Russia.


12 posted on 01/20/2023 2:20:25 AM PST by sinsofsolarempirefan
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To: sinsofsolarempirefan

“India cant be trusted either. They are tight with Russia.”

Only because we are so tight with Pakistan.

Major priority for a competent president is to pivot to India. NATO + Japan + India is the alliance that will keep the world free.


13 posted on 01/20/2023 3:59:05 AM PST by Renfrew (Muscovia delenda est)
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To: sinsofsolarempirefan
India cant be trusted either. They are tight with Russia.

Unfortunately America is tight with WEF, which is anti-American.

14 posted on 01/20/2023 4:12:20 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: Cronos

That’s funny right there.

China and India will actually DO squat about the “Green” idiocy initiative.


15 posted on 01/20/2023 5:44:59 AM PST by jdsteel (PA voters elected a stroke victim and a dead guy. Not a joke.)
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To: jdsteel

Actually both of them are working hard to clean up their act.

That’s because

1. their populations are getting affected with hotter summers and colder winters

2. moving to solar and wind for these countries that have deserts and land area is a win - they will not have to import so much oil and gas from outside.


16 posted on 01/26/2023 4:37:31 AM PST by Cronos
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To: Cronos

“… solar and wind for these countries that have deserts and land area is a win…”

Yes, there are places where this does work better than other alternatives. For instance, when I went to Uganda I saw first hand how the lack of energy infrastructure and the unreliability of what existed (blackouts, brownouts, power surges) plus the existence of much sunshine makes solar panels a better option for certain places.

That’s not the case everywhere here in the US.


17 posted on 01/28/2023 11:36:57 AM PST by jdsteel (PA voters elected a stroke victim and a dead guy. Not a joke.)
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