how to boycott Chinese goods and maintain products at cheaper prices in India ?
Answers
Explanation:
by using less amount of their products regarding technology & by providing much recognition & value for india companies.
Answer:
There has been many nationalist calls for boycotting Chinese goods as a retaliation against China for blocking India’s bid at the UN to designate Jaish-e-Mohammed chief Masood Azhar as a terrorist, following the Uri attacks and the subsequent surgical strikes carried out by the Indian army. Presumably, India is tired and frustrated of China tacitly supporting Pakistan and thus, the clarion call is for consumers to boycott all Chinese products en masse, so as to hurt the Chinese economy, especially at a time when it is reeling. This has obtained mass support from not only the ordinary citizens, but is being backed by influential MPs and others from the political class.
Such a move is neither practically feasible in order to obtain the desired result, nor will it be in our national interest to do so. Let us examine the feasibility angle first.
India is the biggest importer of Chinese consumer goods and the trade deficit of India with China is one of the biggest between two significant trading partners. India imports almost seven times more from China than it exports to it. The range of goods that we import from China is massive: consumer durables such as electronic products, mobile phones, plastic items, industrial goods, vehicles, solar cells, essential pharmaceutical products, including tuberculosis and leprosy drugs, antibiotics, among many others.