LOL!
could become increasingly isolated from the rest of the world and its burgeoning housing and credit risks are similar to those faced by
during its so-called “lost decade” of stagflation in the 1990s, according to Indian billionaire
.
In remarks at a conference in
, Adani – briefly the world’s
– said China’s “increasing nationalism, supply chain risk mitigation and technology restrictions” would likely affect its connectivity with other economies.
China’s
, which was supposed to be a demonstration of its global ambitions, has also faced resistance, adding to Beijing’s challenges, he said.
“I anticipate that China – that was seen as the foremost champion of globalisation – will feel increasingly isolated.”
So what? Like China gives a sh*t what an Indian billionaire thinks.
Gautam Adani, the richest man in Asia. Thanks in no small part to his favourite bro: Modi. He is a typical Indian elite, bloated with arrogance and delusions of grandeur. Billionaire scums like him heavily lobby the Indian government to concentrate wealth to himself. It is because of people like him that India will continue to stagnate.
China has no shortage of billionaires, but they are kept in check by the government. China is pursuing common prosperity, not prosperity for the privileged few. For China, they feel that it is better to have many more people of 'moderate wealth' than a few super rich individuals. The economy would be bigger as a whole. China is pushing for technological innovation, not talking big all the time. Technology transformed the US, Europe, Japan, and SK into economic powerhouses. All India is good at is talking big. That is how China is racing far ahead of India. Privileged billionaires like Adani will never understand this.
Gautam Adani knows nothing about the Chinese economy. He only knows China within his bubble of the JH media and Western media. Let him and India continue to delude themselves. As long as Adani and India think that they have won, India will never progress.
