Given state of ties, Chinese investments need to be scrutinised: Jaishankar

Asserting that India has a "special China problem" which is over and above the world's "general China problem", External Affairs Minister S Jaishankar said Saturday the border and the state of relations with the country call for investments from there be scrutinised. Jaishankar said that if people are complaining of trade deficit with China and "we are too", it is because decades ago, "we consciously overlooked the nature of Chinese production and the advantages which they enjoyed in a system where they got a level playing field with all the advantages they brought to bed". "China in many ways is a unique problem because it is a unique polity, it is a unique economy. Unless one tries to grasp that uniqueness and understand it, the judgements, the conclusions and the policy prescriptions flowing out of it can be problematic," he said at the ET World Leaders Forum here during a session titled 'New India's Risks, Reforms and Responsibilities'. "There is a general China problem. We are

Given state of ties, Chinese investments need to be scrutinised: Jaishankar

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Asserting that India has a "special China problem" which is over and above the world's "general China problem", External Affairs Minister S Jaishankar said Saturday the border and the state of relations with the country call for investments from there be scrutinised. Jaishankar said that if people are complaining of trade deficit with China and "we are too", it is because decades ago, "we consciously overlooked the nature of Chinese production and the advantages which they enjoyed in a system where they got a level playing field with all the advantages they brought to bed". "China in many ways is a unique problem because it is a unique polity, it is a unique economy. Unless one tries to grasp that uniqueness and understand it, the judgements, the conclusions and the policy prescriptions flowing out of it can be problematic," he said at the ET World Leaders Forum here during a session titled 'New India's Risks, Reforms and Responsibilities'. "There is a general China problem. We are