Is it actually this easy? Here are some necessary measures that we can adopt to lower the Chinese dominance on our economy. Across the country, there are calls to boycott Chinese products and halt bilateral trade, with people burning Chinese appliances and goods and a Union minister even wanting a ban on restaurants selling Chinese food. You have entered an incorrect email address! To verify, just follow the link in the message. WhatsApp forwards are further stoking this sentiment. Some 225 Chinese companies have invested in India between 2003 and 2020. It would be tricky to make a boycott effective. In FY 19-20, India imported goods worth almost 70 billion dollars from China, whereas the export number is even less than 1/4th of that. Electronic devices, ranging from the Television sets, various types of sound equipment, smartphone gadgets, or their parts, are mostly imported from China. And when China hosted the Summer Games in 2008, it treated the occasion as the coming-out party of an aspiring global player. And China is successful in maintaining that top spot to date. Even everyone’s favorite Apple too imports some of its components from China. It’s like a small drop of rain in the giant sea of the Chinese economy. This shows how difficult it is to curb out China and its products from India. To contact the author of this story:Hal Brands at Hal.Brands@jhu.edu, To contact the editor responsible for this story:Tobin Harshaw at tharshaw@bloomberg.net, Hal Brands is a Bloomberg Opinion columnist, the Henry Kissinger Distinguished Professor at Johns Hopkins University’s School of Advanced International Studies, and a scholar at the American Enterprise Institute. Boycott China : Can we really afford it ? Save my name, email, and website in this browser for the next time I comment. The question of whether the U.S. should boycott Beijing has gotten attention recently, and it's about to get more. Enabling this industrial-scale repression is a network of sensors, cameras and monitoring technology that may well qualify as the world's most intrusive surveillance state. Things escalated even further with the death of 20 Indian soldiers during a violent clash with Chinese men in Galwan Valley, Ladak. In 1936, the Berlin Olympics allowed a dictatorial, anti-Semitic regime to bask in the attention of the world. Huawei and Xiaomi currently have the highest number of projects operating in India, at 13 each. We have even seen people abandoning Chinese products and burning them on the open road to create a statement. Refrain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks, name calling or inciting hatred against any community. (Beijing says the camps were set up to “combat terrorism” and has warned Western states to stay out of its “domestic affairs.”) Yet there is plenty of evidence to support U.S. Secretary of State Mike Pompeo’s claim that Chinese actions represent the “stain of the century.”. Economic effects and Solutions The idea is to escalate the boycott of Chinese products and, of course, make them in India. Though we have banned TikTok due to its Chinese origin, there are several other prominent players in India who are funded by the Chinese investor. More realistically, though, the democracies’ participation would send the signal that they are unwilling to challenge Beijing’s internal behavior as its external power grows. And they are nowhere near forest-dependent communities who need them, A San Francisco-based, Indian origin developer is working on ways to democratise artificial intelligence for the masses, one of which is creating fake faces. The awarding of Summer Olympics in Tokyo in 1964 and Munich in 1972 symbolized the Cold War rehabilitation of Germany and Japan as members of the democratic West. We need to understand the dynamics of the current Indian economy before boycotting anything. From Twitter to Facebook, it is trending everywhere. According to the recent data, China has funded several promising Indian startups with an estimate of over $4 Billion investment. Indian economy is hugely dependent on China. effective immediately, 58% of those surveyed said ‘yes, won’t buy from now’, while 39% said ‘yes, won’t buy from now but have to use what I have already purchased’. The trade flourished exponentially, and soon China was crowned as the largest goods trading partner of India in 2008. Bilateral trade relationship India and China. The authorities have reportedly locked entire Uighur communities in their homes for long periods during the Covid-19 pandemic, while also subjecting Uighurs to forced labor. This situation all started with the recent border tension between India and China. But as end consumers we can vote with our dollars and we can make a difference. 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