An #unprecedented Great Game
By @narendramodi is making the #Chinese designs of #string_of_pearls A Big fail

👉Do you know how a #WeakRupee& #HighPetrolPrices in India is making #China anxious???

Please read this #Thread till end #RightFactsThread 🙏🙏

1/n
#China is building its #SilkAndBeltRoad project..& in its garb it is encircling India withThe Strings of pearls.

China is doing this with its sheer money power, by literally BUYING bases in India-Pacific region

Thankfully #TheUSChinaTradeWar provides India an opportunity.

2/n
👉China first Time in 20yrs faces a current account deficit and that too of $28.3 billion😀

👉Thus investments in string if pearls is hampered 💰🚫

👉The exports of China to the US & US to China is vacating a huge space

Now the #RealGame starts of @narendramodi and #RBI

3/n
Do u know RBI + Govt. #Deliberately let the rupee fall viz-a-viz Dollar!! Even the consequential Petrol Price rise which is Politically costly for #BJP is sidelined for National Interest!!

👉 RBI bought dollars during August even though for defense deals govt bought dollars

4/n
👉Thus weakening of rupee was deliberately done..

Why???

👉Weaker rupee makes India's exports competitive..
👉Thus India wants to help exports of merchandise, petroleum and manufacturing sector
👉To replace China..and create more jobs in job intensive mfg sector

5/n
👉Also high petrol prices will reduce India's consumption of imports..(as inflation reduces consumption)

👉This will in long term reduces India's current A/C deficit and improves upon trade deficit

6/n
Overall we can say that India is trying to improve its manufacturing sector & exports.. so that Jobs can be created in the long term..

The #visionary leadership of @narendramodi is setting the stage for double digit growth in coming yrs

Just like #ShriAtalBihari's did...

7/n
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