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Currency, United States Finance

Modi's Davos address may have taken a subtle dig at China

Indian Prime Minister Narendra Modi highlighted his country’s democratic strengths in what some analysts interpreted as a dig at China during an address to global government and business leaders.

Modi — the first Indian prime minister to attend the annual World Economic Forum meeting in Davos, Switzerland since 1997 — delivered Tuesday’s opening plenary address, discussing Indian values, technology, climate change, terrorism and trade agreements.

Last year, Chinese President Xi Jinping delivered the summit’s opening remarks and took the opportunity to present his country as a robust defender of globalization as opposed to President Donald Trump’sAmerica First” policies.

“The Modi address appears modeled on that message and more,” Alyssa Ayres, senior South Asia fellow at the Council on Foreign Relations, said in a note.

In describing India’s democracy as a force for stability in an otherwise global state of uncertainty, Modi was indirectly comparing New Delhi with Beijing, Ayres said.

“This is a smart way to differentiate the great Indian democratic experiment with the increasingly controlling, panopticonic world of China — and indeed, to present the constant of India’s democratic traditions, however messy, as its global selling point,” Ayres said, referring to the concept of a “Panopticon” — a prison design that’s come to generally signify an all-seeing system of control.

By emphasizing that argument, Modi’s remarks marked a shift from his previous “Make in India” investment pitches, she continued.

The leader’s choice of language is also significant.

The fact that Modi spoke in Hindi represents his wish for the Indian language to gain equal footing alongside global tongues such as English and French, according to Ayres.

Source: cnbc
Modi's Davos address may have taken a subtle dig at China

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