China goods boycott this Diwali will hit India bound investments

Amid tension in Indo-Pak ties, there have been calls to boycott Chinese goods to protest against China’s support to Pakistan.

By: Express News Service | Updated: October 28, 2016 1:37 am
Crackers light up Chandigarh. (Source: Express Photo by Kamleshwar Singh) Chinese fire crackers. (Source: Express Photo by Kamleshwar Singh)

Amid calls for boycott of Chinese goods in the ongoing Diwali season, China on Thursday said any such move will negatively impact India-bound investments from its enterprises and also the bilateral cooperation between the two countries.

China said that any such boycott would not have much impact on its exports, but “the biggest losers…will be Indian traders and consumers”. The Chinese embassy said China is the world’s largest trading nation in goods, with its exports in 2015 amounted to USD 2276.5 billion. “The exports to India accounted for only 2 per cent of China’s total exports and India’s boycott of Chinese goods will not have much impact on China’s exports. China is more concerned that the boycott will negatively affect Chinese enterprises to invest in India and the bilateral cooperation,” it said.

Amid tension in Indo-Pak ties, there have been calls to boycott Chinese goods to protest against China’s support to Pakistan.

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  1. B
    BALU
    Oct 28, 2016 at 9:53 am
    honestly, none of china's products sold / marketed in Indian markets r worth the salt. their products and easily got perishable. no last long. why v should buy such products/produce from china. there r other countries those who produce and sell in India, which r far better than china, say more than thousand times.
    Reply
    1. D
      deep
      Oct 28, 2016 at 3:38 pm
      china will be the big looser ..they would not get trillion of dollar business from India... its better to completely ban chines product in India ..lt;br/gt;lt;br/gt;CHINA do not wants INDIA in NSG.lt;br/gt;CHINA do not wants INDIA in UNSC.lt;br/gt;CHINA do not wants to cooperate with INDIA in water treaty.lt;br/gt;CHINA do not want to declare INDIA's most wanted terrorist as sanctioned.lt;br/gt;CHINA do not want to consider INDIA's concern of stan sponsored terrorism.lt;br/gt;CHINA do not want to consider INDIA's integral part Kashmir's problems seriously...lt;br/gt;I do not know what tie they are talking about.
      Reply
      1. G
        Gireesh
        Oct 28, 2016 at 9:22 am
        As Chinese umption, it may true. But in future Indian entripuner will be profited . We grow like China. We start business. We grow. Chines dogs always barks at Indian. Intact it is their inferiority complex that we may rule the world economy. And the last point is true at any cost.
        Reply
        1. N
          Narasimha Prakash
          Oct 28, 2016 at 5:18 am
          India will lose nothing by boycotting cheap Chinese goods. In fact we will save a big amount of foreign exchange.
          Reply