Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Sunday 17 May 2015

Don't Ask - Don't Tell

Will    Someone    Explain  ?


Media is full of stories of $ 22 Billion worth " deals " signed between the Indian and the Chinese Companies , last week


What remains unanswered is :


>    How much of this amount is for actual " Investment " to set-up factories 

       in India , thereby generating ( how many ) jobs and raising ( how much ) 

       exports  ?


>    And , how much of this amount is loans from the Chinese Banks to Indian

       Importers , to buy ( only ) Chinese goods , thereby keeping the Chinese

       factories humming and protecting Chinese jobs  ?


       I suspect this could be a substantial figure  !



>    Will these deals help reduce our negative trade balance ( with China ) ,

      which is currently around $ 45 Billion ( $ 56 B - $ 11 B )  ? By how much ?


>    Over what period will these " investments " get spread out  ?  5 to 10 yrs ?


>    Will any of these investments lead to local manufacture of goods which 

      India currently imports from China  ?


I am sure there must be other questions too in respect of $ 22 billion 


I hope such deals do not become a case of ,


"  Don't  Ask  -  Don't  Tell  "




with  regards ,

hemen  parekh

18  May  2015 

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