Page 34 - EW September 2024
P. 34

Expert Comment


         Time for re-set of Sino-



         India relationship


                                                                         SUDHEENDRA KULKARNI



                HE ECONOMIST, THE WORLD’S LEADING         Prime minister Modi is likely to meet
                weekly magazine, cannot be accused of a pro-China   China’s President Xi Jingping at the
                bias. The opposite is true. It regularly features news
         Tand commentary critical of the country. Therefore,   BRICS Summit in Russia on October
         its readers were taken aback by a cover feature recently   22-24. They should sieze the moment to
         titled ‘China has become a Scientific Superpower’ (June
         12). It reports that from plant biology to superconductor   restore ancient harmonious relations
         physics, from renewable energy to digital technologies,
         latter day China is at the cutting edge.         research and technological innovation in strategic areas,
            In 2003, America produced 20 multiples of high-impact   it could not have withstood the technology and economic
         scientific papers than China. Now China has surpassed   sanctions imposed by the West. CPC has now resolved
         America and the entire European Union on this metric.   to further accelerate major reforms in education and
         Establishing world-class universities and government   development of high calibre human resources; permit
         institutions, and encouraging best Chinese brains abroad   autonomous management of universities and research
         to return to China, has been a part of Beijing’s scientific   institutions;  and  provide  greater  boost  to  high-tech
         development plan.                                enterprises.
            Between  2000-2019,  more  than  six  million  Chinese   here is much India can learn from our northern
         students left the country to study abroad. Now, more   Tneighbour. Nobody is more aware of this than India’s
         scientists have been returning to the country than leaving.   big business and industry. India Inc knows it can benefit
         China now hosts more research scholars than America   hugely from China’s spectacular advances, especially in
         and the European Union combined. “Tsinghua is now   renewable energy, electronics, digital technologies and
         the #1 science and technology university of the world,”   infrastructure modernisation. In recent months, industry
         says Simon Marginson, a professor of higher education at   and business leaders have been pressing government
         Oxford University. “That’s amazing. They’ve done that in   to ease growth-hindering visa restrictions for Chinese
         a generation.”                                   business partners, engineers and technicians which were
            How is all this transforming China’s economy and, more   imposed after the Galwan Valley military clash of 2020.
         important, how could it impact India? To examine the first   They have also sought relaxation in rules for joint ventures
         question, it is useful to understand what the Communist   with Chinese companies.
         Party of China (CPC) is doing to overcome the current   In a major setback for Indian hawks demanding boycott
         slowdown in the economy and also to achieve “common   of Chinese goods and services, in the Economic Survey 2024,
         prosperity” in society by significantly reducing social and   India’s chief economic adviser V. Anantha Nageswaran has
         regional disparities. At its landmark ‘third plenum’ held in   proposed India Inc integrating with China’s supply chain
         July, CPC stressed that its goal is ‘high quality development’   to strengthen our manufacturing sector, and has also
         (and not mere quantitative GDP growth).          advocated Chinese FDI (foreign direct investment) to boost
            To achieve this goal, China is relying on the rise of “new   our exports to the US and Europe.
         quality productive forces” driven by latest advances in   Prime minister Modi is likely to meet Chinese President
         science and technology. Under this objective, it intends   Xi Jinping at the next BRICS Summit in Russia on October
         to modernise every sector of the Chinese economy —   22-24. The two leaders should seize the moment to fully
         agriculture,  industry,  financial  system,  infrastructure,   normalise our bilateral relations, so the Elephant and the
         logistics, services, healthcare and the rest — with the use   Dragon can begin a new tango of economic and technology
         of AI, robotics, blockchain, life sciences and other science   cooperation.
         and technology breakthroughs to usher in an era of   The hurdle they have to overcome is the lingering Sino-
         unprecedented gains in productivity and efficiency.   India border dispute which is a legacy of the British Raj
            China now ranks #1 worldwide in the number of science   and has ruined centuries of peace, harmony and cultural
         and technology innovation clusters. Moreover, in terms of   exchanges between our two giant  Asian nations. India
         production and use of solar photovoltaic panels and other   needs to climb down from its ‘talks-but-no negotiations’
         clean and green energy products, China is far ahead of the   policy on borders demarcation and settlement with China.
         rest of the world. In fact, China installed more solar panels   Bona fide negotiations involving give and take on both sides
         in 2023 than the US has ever built, setting new standards   can restore ancient harmonious relations, and usher in an
         in low carbon footprint.                         era of prosperity for 2.8 billion people.
            Even  more  creditable  is  that  China  has  achieved  all
         this with atmanirbharata (self-reliance), in which it is far   (Sudheendra Kulkarni is a former aide of prime minister Atal Bihari Va-
         ahead of India. Without maximum self-reliance in scientific   jpayee (1999-2004) and currently founder, Forum for South Asia)


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