Chinese products are cheap so people buy chinese products and what can we do in this ????
Answers
Answer:
AMRITSAR: Indo-China business sentiments have reached their nadir following Galwan valley clash between the forces of two nations triggering nationwide anti China sentiments. But the importers and traders of Chinese goods here are of view that unless Indian manufacturers develop work culture in their units, improve quality of their product and bring them at par with Chinese products price, the trade between two nations will resume soon.“The business sentiments have disturbed on both sides, Chinese industrialists who used to give us two to three months credit are now reluctant to even fulfill new orders and instead see us with suspicion,” said an Amritsar based importer of Chinese products who didn’t wish to give his name fearing being ‘identified’ and ‘singled out’ upon return to China where he has his office.
He said India was a major market for Chinese businessmen and they couldn’t afford to avoid India given the fact that Indian manufacturers have failed to make even ‘matching quality’ products. “We don’t’ have dedicated work culture, corruption rules the roost, politicians continue to interfere in industry, how can we fill the vacuum if there are no Chinese products,” he said.
An importer of Chinese furniture who has his showroom in Ludhiana told on condition of anonymity, “No doubt, the popular sentiments in India are against China over recent border escapade but trading relations will come to normal in due course as neither China could afford to lose a lucrative market or India buyers can avoid the Chinese products given their price cost and quality unless Indian manufacturers improve on both the fronts and Indian government sincerely promote manufacturing units," he said.
He said launching campaigns and harping on pitch of voice to boycott Chinese products could be a visual treat to sooth patriotic feelings was but actually refusing to use them was another thing.
He said since the lockdown, his office in Foshan in Guangdong province of China was closed but he was paying fifty percent salary to his both Indian and Chinese staff. “Majority of the Indian businessmen’s who have their companies in China were waiting and watching the turnout of events and are hopeful of normal relations in near future,” he said.Businessmen Sushil Balani who imports goods from China said the business sentiments had suffered a major blow following Indo-China stand off but at the same time he said unless Indian manufacturers come up to the standard of Chinese manufactures Chinese goods would continue to attract customers both due to their quality and price range.
He opined that government must make manufacturing sector lucrative, give concessions to industrialists, provide quick and single window clearances and above all there it should eradicate corruption and allow manufacturing sector to work sans political pressure on the manufacturers.
Reacting on the present Indo-China business ties, chairman, Punjab chapter of Associated Chambers of Commerce and Industry (ASSOCHAM) Suneet Kochhar that despite strong anti-China sentiment, it was a challenge for Indian governments to stop business with China immediately. “China bazars are spread across almost all the major cities in India and people, particularly from low income group , prefer to buy cheap Chinese goods,” he said adding that over seventy percent of the Indian mobile market was captured by China.
Suneet said that a vast number of Punjab’s industries including pharmaceuticals, garments, electronic etc. were dependent on China for the supply of raw material .
He opined that boycotting Chinese products would be successful only if Indian government extend support to local manufacturers by reducing taxes and increasing import duty on Chinese goods.
Explanation:
Please mark as brainliest answer and follow me please and thank me please Because I am a very good boy