Let’s get started with the trending talk of #BoycottChina.It sounds terrific to say goodbye to Chinese goods, thereby being self-reliant and self-dependent. But, are we riding on quite a high horse? China is not just trying to penetrate at India’s border on the northeast but, moreover, it has penetrated our lives so much that we don’t even realize.
Just to give you a hint, the value of goods that India imports from China are more than 515 billion yuan (with the current value of yuan being equal to Rs. 10.55, you can imagine how huge the amount is).And, this was just about the products. Now think about the technology, apps that you have in your phone, and the companies that have received considerable amounts in Chinese investments.
So, now when we say boycott China, it’s not just about diplomatically ignoring China but saying no to each and everything that originates in China. And, for that, of course, we would have to develop a competitive infrastructure that can replace Chinese products and services to a certain extent.
about 2 days ago