Chinese media has claimed that China has received 'big orders' for printing currency in many countries including India. This information has been given in a report from the South China Morning Post. According to the report, the countries of India, Nepal, Bangladesh, Malaysia and Thailand are printed in the printing presses located in China.
Congress leader Shashi Tharoor tweeted a strong reaction. They have sought clarification from the government, describing it as a threat to India's national security. He tweeted Union Minister Arun Jaitley and Piyush Goyal, tweeting, "If this is true then it can have a fatal effect on national security. It will be easy for Pakistan to imitate it. Piyush Goyal and Arun Jaitley, please clarify. '
According to Liu Guisheng, President of the China Banknote Printing and Minting Corporation, China did not print foreign currency until recently.
But in 2013, Beijing launched the belt and road plan, a global development blueprint involving about 60 countries from Asia, Europe to Africa to stimulate economic growth with large-scale capital investment and infrastructure construction projects.
Two years later, China started printing 100-rupee notes for Nepal, Liu wrote in an article in China Finance, a bi-monthly journal run by China's central bank in May.
Since then, the company had "seized the opportunities brought by the initiative" and "Successfully won contracts for currency production projects in a number of countries including Thailand, Bangladesh, Sri Lanka, Malaysia, India, Brazil and Poland".
#IndiaVsChina #China #IndianCurrency #IndianNoteprinting #International
Comments
Post a Comment