North India Statesman
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Rising India Summit: Famous American economist Jeffrey Sachs has warned India against going close to the US at the cost of its relations with China. Talking to Shirin Bhan of CNBC market, Sachs said that India should not become anti -China to please America. He also said that US President Donald Trump is destroying the global economy.
He further said that the United States is once again on the way to ruin the world economy. This is not an American policy, nor is the Congress policy, nor American public policy. This is the policy of Donald Trump, he is alone destroying the global economy, there will be great loss before everything goes well.
India actually needs general relations with China. India should be proud that this is a great civilization and it is a country that will play a major role in the world in the 21st century. Jeffrey Sachs advised India to maintain good relations with America, but should not be affected by the US and should not be anti -China. Because this will make America feel very good about itself and your deals will move forward rapidly.
Jeffrey Sachs further said that this is the end of American leadership in the world. The trust that other countries had as stability providers in the United States are also ending. China will now have to play a more leadership role. Now the Chinese currency renaminbi is to be internationalized. This process is proceeding in a phased manner but needs to be further intensified. China should play a leading role in the globalization of Chinese Yuan.
