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Text: Wan Yu Liufang
Editor|Wanyu Liufang
India, internationally, has always been an abstract role that is difficult to understand.
India has long been regarded as a "nightmare place" for foreign companies, and its investment and operation environment has been criticized, but Modi seems to have turned a blind eye to this, and believes that it is a malicious smear by foreign companies.
However, a series of recent events have made India completely "dumbfounded". Tesla's Elon Musk has shown great enthusiasm for the Indian market and has threatened to invest $2 billion to $3 billion to build a factory in India.
This excites Modi, who thought it was a great opportunity to showcase India's charm to global investors. But who would have thought that Musk, who was originally planning to meet with Modi, would suddenly change his mind temporarily.
He said he wanted to postpone his trip to India, citing internal affairs. This seemingly simple procrastination is hidden behind it.
In fact, Tesla itself is in trouble. With record sales and mass layoffs, it was clearly not a good idea to move to an uncertain Indian market.
Moreover, India's "pie-drawing" behavior when attracting Tesla's investment is really unconvincing. Promises to provide all kinds of facilities cheaply, but do these really work for a giant like Tesla?
In addition, India's infrastructure is not perfect, and even the mobile phone supply chain has to be driven by Chinese companies, Tesla originally wanted to follow the example of Chinese companies to set up factories, but India has obstructed in every possible way, and has also resorted to various means to restrict Chinese manufacturing from entering the Indian market.
Tesla's "temporary stop" not only brought a heavy blow to India's investment environment, but also made many people think that Tesla chose to give up because it saw through India's "little tricks".
What is even more ironic is that when Tesla announced the construction of its factory, India still hyped it up, thinking that it was a great achievement, but it ended up in such an embarrassing end.
India is not just a stumbling block with Tesla, when Foxconn announced that it would spend $19.5 billion with a local Indian group to build a semiconductor factory, India was also proud and flaunted everywhere.
But in the end, Foxconn and the Indian group parted ways and withdrew from the investment plan of more than $10 billion, which once again plunged India's investment environment into a "dark hour".
Modi had no choice but to raise subsidies, strengthen ties with the United States, and allow some American companies to make symbolic investments in India, which saved some face.
Now that Foxconn has withdrawn and Tesla has begun to pause, how can Modi turn the tide? Perhaps he should really heed the advice of some high-level officials in India and focus on strengthening local infrastructure and improving relevant regulations.
Only in this way can we truly attract and retain international enterprises to set up factories in India, so that India's investment environment will no longer become a "graveyard" for foreign-funded enterprises.
Having said that, India's investment environment is really a "mess". It's like the chaotic scene in the bazaar, which is dazzling, but confusing. Modi, Modi, you can have a snack!
Stop being self-righteous and think that everything is okay, listen to the voices of the people and see the reality of the situation. Otherwise, the "escape tide" of foreign-funded enterprises will not stop easily!
"Key vote" France defected? Russian media: Macron also supports the EU to replace von der Leyen
Last year, when NATO's secretary general was replaced, the United States had high hopes for von der Leyen to succeed Stoltenberg, but Scholz's opposition frustrated this plan, and the United States also "respected" the opinions of its allies, and von der Leyen missed this position.
With the European Parliament elections approaching in June this year, von der Leyen is actively preparing for re-election. Surprisingly, however, her policies within the EU have been criticized, with even politicians in her own country saying they do not support her.
Russian media quoted Bloomberg news as saying that France has also expressed clear dissupport for his re-election, which undoubtedly casts a heavy shadow on von der Leyen's re-election road.
French President Emmanuel Macron unabashedly expressed his displeasure with von der Leyen in a speech. He pointed out that the European Commission, which is supposed to be the guardian of the overall interest, is now overpoliticized and has drifted away from its original purpose.
Among them, von der Leyen's relationship with the United States has become the target of public criticism. Macron believes that her policies on trade, climate and other issues do not consider the position of the EU at all, but blindly cater to the interests of the United States.
This short-sighted behavior has made people deeply question her decision-making ability. And on the issue of sanctions against Russia, she is even more aggressive.
Regardless of the EU's ability to bear it, as many as 9 rounds of sanctions were launched in a year, giving the EU no respite at all. How can such a reckless approach not be worrying?
Not only that, but Hungarian Prime Minister Viktor Orban also launched a denunciation against von der Leyen and others in mid-April. He bluntly pointed out that the root of the EU's ills lies in the bureaucracy in Brussels, and that radical reform is necessary.
Although Orban has self-nominated himself to be elected president of the European Commission, foreign media believe that his policy of "getting too close" to Russia usually does not receive majority support. This also allows people to see the complex political games and entanglements of interests within the EU.
Speaking of which, von der Leyen can be mixed up to the point where even the prime minister of her country does not support her, which is really embarrassing. It is incomprehensible that her policies are so biased and so disregard for the interests of the EU.
One can't help but wonder who she is serving, for the interests of the United States, or for the future of the European Union? Perhaps, only she knows best.
In this political drama in the EU, von der Leyen has undoubtedly become a controversial character. Her road to re-election is full of ups and downs and challenges, and it is still unknown whether she will be re-elected.
But whatever the outcome, this will be an important milestone in the EU's development journey and will have far-reaching implications for the EU's future.
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