Can India afford to boycott Chinese products?
How would a boycott of Chinese goods affect India's economy?
In India, there have been growing calls to boycott Chinese goods. The two countries were recently involved in one of their deadliest border clashes in over 50 years, which left 20 Indian soldiers dead.
Now anti-China sentiments are gaining momentum within India. And so are calls for a boycott of Chinese goods. The expectation is that trade sanctions can inflict far greater injury on China, as India imports Chinese goods worth nearly $80 billion - far more than its exports at around $20 billion.
But is it easier said than done? China remains India鈥檚 largest trading partner in goods. Chinese companies have invested billions of dollars in Indian startups, and Indian companies depend heavily on Chinese imports.
So, will a boycott serve India鈥檚 interest? In this edition of WorklifeIndia, we discuss whether India can really afford to boycott Chinese products.
Presenter: Devina Gupta
Contributors: Sulajja Firodia Motwani, vice chairperson, Kinetic Engineering, founder & CEO, Kinetic Green Energy & Power Solutions Limited; Nikhil Pahwa, digital policy expert & founder, Medianama; Sonam Wangchuk, inventor, education reformer
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- Fri 26 Jun 2020 14:32GMT大象传媒 World Service South Asia & East Asia only
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WorklifeIndia
Live from Delhi, WorklifeIndia reflects on money, work, family, business and finance.