Restricting Chinese imports will not be easy

[prasad1]

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The rising border tensions between India and China in the Galwan Valley took a bloody turn when 20 brave Indian soldiers lost their lives in a military skirmish with China. As strategic affairs experts try to figure out China’s Achilles heel which India can exploit to tame the dragon, the clamour for an economic boycott of China is growing.

From an international law point of view, can India can impose restrictions on Chinese imports by, say, revoking China’s most favoured nation (MFN) status in the World Trade Organization (WTO)? In the immediate aftermath of the Pulwama terror attack, last year, in which around 40 Central Reserve Police Force soldiers died, India revoked Pakistan’s MFN status in the WTO. So arguably what is sauce for the goose should be sauce for the gander.

The other constraining factor for India is the high quantum of bilateral trade between the two countries. With bilateral trade at almost $90 billion a year, it is around 45 times more than that with Pakistan. Moreover, numerous Chinese imports are used as intermediary products in Indian industries ranging from pharmaceuticals, automobiles, and electronics. So, curbing imports on these will be tantamount to India losing out too.

Restricting Chinese imports will not be easy

India could revoke the Most Favoured Nation status to Pakistan, but may not be able to do so with China

www.hindustantimes.com

 

[ponivik]

The rising border tensions between India and China in the Galwan Valley took a bloody turn when 20 brave Indian soldiers lost their lives in a military skirmish with China. As strategic affairs experts try to figure out China’s Achilles heel which India can exploit to tame the dragon, the clamour for an economic boycott of China is growing.

From an international law point of view, can India can impose restrictions on Chinese imports by, say, revoking China’s most favoured nation (MFN) status in the World Trade Organization (WTO)? In the immediate aftermath of the Pulwama terror attack, last year, in which around 40 Central Reserve Police Force soldiers died, India revoked Pakistan’s MFN status in the WTO. So arguably what is sauce for the goose should be sauce for the gander.

The other constraining factor for India is the high quantum of bilateral trade between the two countries. With bilateral trade at almost $90 billion a year, it is around 45 times more than that with Pakistan. Moreover, numerous Chinese imports are used as intermediary products in Indian industries ranging from pharmaceuticals, automobiles, and electronics. So, curbing imports on these will be tantamount to India losing out too.

Restricting Chinese imports will not be easy

India could revoke the Most Favoured Nation status to Pakistan, but may not be able to do so with China

www.hindustantimes.com

However, we should make a sincere effort to stop using as much as possible Chinese products and services wherever possible..e.g toys, food products, clothes, balloons, dolls, pencils, pens, erasers, notebooks, cameras, mobile phones, TVs, Audio systems, etc which are available easily in Indian or other country makes. Nothing wrong is showing our unhappiness as much as possible.. IF 1 million dollar is stopped, it will surely make an impact to start with . Every body is aware that we are having more trade with China, but let us seriously try and avoid them.

 

[prasad1]

An Indian Manufacturer Explains How Govts Made Chinese Imports Inevitable.

The death of 20 Indian soldiers in a face-off with the People’s Liberation Army has sparked a call to ban Chinese imports. But Rajiv Nath, chairman of AiMED (Association of Indian Medical Device Industry), an umbrella association for manufacturers of medical equipment in India, explains why these boycott calls are likely to go nowhere.

Data shared by AiMED indicates that over 75% of medical items such as clinical thermometers, pregnancy test kits, medical apparel, clothing and accessories and weighing machines sold in India are imported from China. Nath also pointed out at successive governments in India have always given priority to how low the price of a product is while making purchases and approving tenders, making it nearly impossible for Indian manufacturers to compete with Chinese products.

Gestures like deleting Chinese apps from the phone can only be symbolic and Nath’s industry, especially crucial during the ongoing pandemic, is an example of how difficult it is to actually boycott Chinese goods in view of the escalation at the border.

An Indian Manufacturer Explains How Govts Made Chinese Imports Inevitable

Rajiv Nath, chairman of AiMED, an association of Indian medical equipment manufacturers explains why it's difficult for them to compete with China.

www.huffingtonpost.in

 

[ashok68]

We have seen rise and fall of lot of

This may be only the beginning of …………………………..

Maharashtra freezes 3 Chinese projects worth Rs 5,000 crore

MUMBAI: The Maha Vikas Aghadi government has put the three agreements signed with Chinese companies at recent Magnetic Maharashtra 2.0 investor meet on hold. The proposed investments total over Rs 5,000 crore.


Read more at:

Maharashtra News: Maharashtra freezes 3 Chinese projects worth Rs 5,000 crore | Mumbai News - Times of India

The Maha Vikas Aghadi government has put the three agreements worth over Rs 5,000 crore signed with Chinese companies at the recent Magnetic Maharasht

timesofindia.indiatimes.com