Chinese goods boycott hitting traders on tepid retail demand

CAIT Secretary General Praveen Khandelwal said that Chinese lighting and decorative products are widely used during Diwali and such materials start flooding the Indian markets three months prior to the festive season.

By: PTI | New Delhi | Published:October 14, 2016 4:35 pm

The social media campaign to boycott Chinese goods during Diwali has beaten down sentiment of retail traders as there has been a 20 per cent decline in demand so far, traders body CAIT said on Friday. Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal said that Chinese lighting and decorative products are widely used during Diwali and such materials start flooding the Indian markets three months prior to the festive season.

“There has been a debate in social media on boycotting Chinese product. These products are already with the wholesalers but there has been a 20 per cent decline in demand from the retail traders as they are worried whether people will actually buy it or not,” he said.

There has been a social media call for boycott of Chinese goods in India following that country’s opposition to a UN ban on JeM chief Masood Azhar as well Beijing obstructing India’s membership in the Nuclear Suppliers Group (NSG).

Khandelwal said CAIT will go with the mood of the people and honour their calls for ban on Chinese products.

“We expect that the goods which are in stock with the wholesalers will get sold over time, otherwise a lot of cash of traders will get stuck,” he said.

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  1. H
    hitender
    Oct 14, 2016 at 1:59 pm
    Our festivals were best means to boost indian manufacturers, artisans and labors. Lets make this diwali and all upcoming for them. No festive products from foreigners and especially enemies of india.lt;br/gt;lt;br/gt;Lets light up our nation with oil lamps. Lets light it up without Chinese lamps so well that all satellites pick the aura of our mother india. lt;br/gt;lt;br/gt;This will be true diwali and rakhi.
    Reply
    1. S
      Shekhar Odak
      Oct 14, 2016 at 12:30 pm
      That way banning import or export to or frm china will also affect Indian n Chinese economy..therefore China should understand and support Indian stand of banning any organisation / country promoting or supporting terrorism in totality..... it's not that China wants terrorism .... it is only supporting younger brother blindly.....because of corridor...... no country/organisation should be against humanity... China may repent its support to stan .... we know.. but one shed not support terrorism ..... we have our kids... let president of China note it....lt;br/gt;Indins feel bad if any country supports terrorism......lt;br/gt;Don't ban any countrylt;br/gt;Let us grow together with togetherness 👍😂😘😏😊❤️😁 That is the only message I wish to give....
      Reply
      1. P
        prakash
        Oct 15, 2016 at 12:26 am
        This is a good beginning. Chinese exports to India are work 70 Billion dollars, reduce these to Zero and China will learn a lesson and stop its activities against India. Why should we give business to a country who uses the profits gained from our money to harm us ? China profits from India and gives arms to stan, help stan create a nuclear threat to India, stan Kills our soldiers under its Nuclear umbrella. Remember when we buy a Chinese product we help stan kill our soldiers our people.
        Reply
        1. R
          Rattihallirao
          Oct 15, 2016 at 12:31 am
          One thing we hv to remember China do not depend on India market alone, real things must be remembered and not banning this and that. India proving to be quarelsome.
          Reply
          1. S
            sunny
            Oct 14, 2016 at 5:12 pm
            people should stop buying from amozan and flipkraft also
            Reply
            1. R
              Rajiv
              Oct 14, 2016 at 2:20 pm
              Do Not buy any Chinese Goods !
              Reply
              1. D
                Dr
                Oct 14, 2016 at 7:13 pm
                The consumers r not traitors. Just lack of awareness. The wrs can be called so.
                Reply
                1. S
                  Sachin
                  Oct 14, 2016 at 6:52 pm
                  Time for Mr. Modi to recognize Dalai lama!
                  Reply
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