China Anxious on Gujarat Elections

Beijing Dec 15: The elections for Gujarat Assembly has been completed and The results would be announced on Dec 18. Currently reports have emerged that China is also anxious about these elections results. Yes, you heard it right our neighbor is also interested in the results of the elections.

Sources said that "Chinese believe if the BJP wins with a handsome margin, it will be a popular endorsement of many radical economic reforms introduced by Prime Minister Narendra Modi. However, a defeat or a wafer-thin majority can cast doubts on the reforms and might make the government cautious. "

Experts said that Chinese are more interested in India because of the growing investment by Chinese companies in India. Chinese Media has reported that "Modi's reforms have drawn fierce opposition from other parties and some economists, but those most qualified to evaluate the "Gujarat model" are the people of Gujarat. Whatever the election result is, it will have a great impact on the public opinion environment for the implementation of the rest of Modi's reform agenda."



The media has also reported that "If the BJP wins an overwhelming victory in Gujarat, the Modi administration may take more radical approaches to economic reform. China's companies will feel the changes no later than India's.If the BJP loses, it would seriously impact Modi's effort to reform the economy. It's possible that voters in other Indian states might be influenced by a BJP loss in Gujarat and Modi's economic reforms might then be abandoned halfway due to a possible domino effect ."

Finally, the Chinese experts have said that "People doubt that the reforms can bring enough benefits to the country's small businesses and ordinary people. The government must find a way to make the reforms gain public support."