India owes 30 billion to the AIIB and has a credit of 1.1 billion from Huawei. European car manufacturers are avoiding it.

India’s economy is facing collapse

Currently, India is developing relatively slowly. Recently, it has been reported by the media that it is heavily in debt. First, it borrowed 30 billion yuan from the Asian Infrastructure Investment Bank. , and then gave Huawei a credit of 1.1 billion yuan. Before that, India had not returned Huawei 700 million yuan; India's current reputation has made European countries avoid it.

The current situation has not only failed to be controlled by the Indian government, but has become even more serious. Earlier, the Asian Infrastructure Investment Bank had provided funds to India to solve the problem, but there was no result. Now India seems to have Unable to repay the loan; this situation does not deserve our sympathy and pity. We should know our own strength and should not owe so many terms. After receiving the funds, we did not fully solve the situation.

The Indian market is diverse and there are various cooperations between different countries; India has a large population, abundant labor force, and is a major manufacturing country. During the previous cooperation between India and Russia and China, Russia solved the problem of India's energy shortage and China solved it. India has economic issues and can use its own advantages to cooperate with China and Russia in manufacturing, agriculture and other aspects.

Now even European car manufacturers are unwilling to cooperate with India. India has closed transportation channels, leaving the countries it cooperates with not only no market, but also India unable to provide resources to other countries.

Huawei’s relationship with India

The picture shows ZTE and Huawei

Huawei’s attitude towards cooperation with India is very friendly and sincere. We have been happy to cooperate in 4G and previous communications; Huawei has been developing in the Indian market. The Indian market has great potential. Huawei has been working hard for many years and has made many contributions to this. It first provided networks and established long-term relationships with local operators. Cooperation is also very tolerant of partners' arrears of 700 million.

When Huawei cooperated with the Indian market on 5G, India unexpectedly resisted cooperation and chose to cooperate with other countries. However, Huawei is still willing to cooperate with India on 4G, and it has a grand demeanor that other countries do not have. However, even if Huawei has 5G patents and does not cooperate with Huawei, as long as it uses the 5G network, it will need to pay patent fees to Huawei.

After India boycotted Huawei, it boycotted Made in China. India had boycotted Made in China before, but it had forgotten the losses it suffered. India, which is experiencing a severe epidemic, has China sending a large amount of medical supplies to it. It is ungrateful and claims that there is something wrong with the supplies we gave. India believes in the United States, but the United States has not expressed concern about this, let alone allowed it to provide help in times of need.

India still has huge potential

Pictured is India

Even if India owes a huge sum of money, Huawei is willing to give it credit. We in China are also helping it. Throughout history, before the founding of New China, the economy was far inferior to India; we are not a developed country now, and we have no right to despise India from an economic perspective. Our economy only began to surpass India in the mid-1980s.

India's current development is not satisfactory, and its cooperative development with China has also encountered problems. Perhaps the Indians themselves are not satisfied with the country; but this does not mean that India is a failed country, but a world with huge development potential. Big country. No matter how we comment on India, the three basic attributes of India and China - developing countries, major powers and neighboring countries - will not change. It is definitely beneficial to us to comment on neighboring countries that cannot be ignored with goodwill and appreciation.