China and India are facing tense confrontation recently. India's extreme patriotism even calls on people not to use paytm, a domestic e-payment service with the investment background of Alibaba, a Chinese enterprise. It's shameful to be such an extremely narrow nationalism!
At the time of the confrontation between China and India in donglang, Swadeshi jagran Manch (hereinafter referred to as SJM), a right wing organization affiliated to RSS, an Indian nationalist extremist organization, is launching a growing Anti China campaign, calling on people not to use paytm, a domestic electronic payment service with the investment background of Alibaba, a Chinese enterprise, and calling on the Indian government to prohibit China from entering such companies for economic and security reasons. Bank investment. According to the Financial Express of India on July 7, Mahajan, the co convener of SJM, said: 'we have informed people by phone that they are required to stop using paytm, and we also asked the government to prohibit China from investing in companies such as paytm, because it is easy to cause security crisis and economic problems, which is not conducive to the interests of our country'.
According to reports, Mahajan told the financial express that too much foreign capital, including from China, will flow into India, which will cause Sri Lanka to have to sell its airport to repay its debts. 'more and more investment will create a situation where India will have to pay the profits generated by foreign companies. You have to pay royalties, income, dividends and interest. 'he claims that' the outflow of money from these foreign investors will exceed the amount of money their investment has injected into India. If this happens, how can a country like India pay so much foreign exchange to these foreign investors? "
In fact, Mr. Mahajan said, 'paytm is not a domestic project in India because most of its shares are held by Alibaba and other Chinese companies. Chinese investors and companies are not only interested in India's commodity market, but also want to occupy the service sector because they have a large surplus of cash. 'he also claimed that after CRRC set up its plant in Nagpur, SJM sent a letter to Indian Prime Minister modi reminding the company that it had signed a contract to produce 69 and 100 subways for Nagpur and Kolkata respectively. He said,' it is very dangerous for the company to enter into our production department, and we do not want this to happen. '
In addition, Mahajan told the financial express that imposing severe anti-dumping duties on Chinese imports would help India's economy.