Why boycott of Chinese-made products is not a feasible idea

A large section has taken to social media and also spreading the call for boycott by word of mouth.

Written by Kanishka Singh | New Delhi | Published:October 17, 2016 5:55 pm
China, India-China relations, India-China trade, Chinese goods boycott, Chinese products, India news, latest news, indian express Prime Minister Narendra Modi has pushed for greater business integration with China at the BRICS Summit even though the ‘corner Pakistan’ plan didn’t take off at the summit. (Source: PTI)

Social media has witnessed active campaigns seeking boycott of Chinese-made products this Diwali in India. The boycotts urge Indians to shun Chinese-made products and buy Indian made products instead. However, this unfeasible prospect of a boycott of Chinese goods has started hurting Indian retailers and wholesalers. In the light of recent tension between India and Pakistan, China has aligned itself openly with Pakistan drawing the ire of the common Indians. A large section has taken to social media and also spreading the call for boycott by word of mouth.

Watch What Else Is Making News

Wholesalers in India’s largest wholesale market Sadar Bazaar have already claimed that they are seeing a drop of at least 20 per cent in Chinese made products and the Confederation of All India Traders recently predicted that the traders expect they will suffer at least 30 per cent loss due to the boycott of Chinese-made products. Also, boycotting Chinese-made products on Diwali is also not a solution as after that, and for every non-festive purchase, all products are in some way Chinese made.

Prime Minister Narendra Modi has pushed for greater business integration with China at the BRICS Summit even though the ‘corner Pakistan’ plan didn’t take off at the summit. It makes sense to push trade with China when you consider that early in 2016 India-China trade deficit was reported well above $44 billion. This is a grave concern for the Indian economy and to achieve a sustained balance of trade, both the countries had even signed a five-year cooperation agreement to achieve this balance.

India and China have shared a love-hate relationship since the mid 20th century. However, India’s boycott won’t even put a dent on the Chinese economy. It is, however, a self-blow. The need and promise of economic prosperity keeps the India-China and relation amicable, stable and somewhat peaceful.

Boycott of products at a time when long-term plans have not yet fully yielded results causes negative impact at home. Without suitable Indian alternatives, boycotting Chinese products hurts the earning of the Indian trader who has invested his money in them and now is unable to sell them off to earn the money back. If these boycotts are to take place, they need to be taken at the root. However, almost every product used in our daily life has some prominent element that is Chinese. This demand just proves to be unfeasible, impulsive and not well thought out.

India’s bilateral trade with the US – a country India has built close ties with – stood at $23 billion in 2015. However, bilateral trade between two hostile powers US and China stood at over $367 billion the same year. This shows that economic engagement needs to be discussed outside the absolute political and diplomatic space.

For all the latest Opinion News, download Indian Express App

  1. R
    Ram
    Oct 18, 2016 at 7:55 am
    I don't understand your compulsion to write this article but boycotting Chinese products is correct step. As far as loss for traders is concerned it will be one time loss. Most of these traders were manufacturers but Congress led UPA destro their manufacturing and provided them with this cheap option of importing Chinese goods. We have got a chance to correct that mistake whatever little we may achieve we should encourage boycotting Chinese.
    Reply
    1. A
      Aaditya Ram
      Oct 18, 2016 at 8:26 am
      Though not being sentimental, can we afford to import at much higher cost from other European countries alternatively, despite the fact that Chinese goods are much cheap and almost all the major multinational firms shifted their manufacturing facilities to China due to its reduced labour cost.
      Reply
      1. A
        Abraham
        Oct 17, 2016 at 11:39 pm
        Boycotting Chinese goods will have some collateral damages for few traders. However that is a growing pain. Growing Indian manufacturing. That is ok. Traders will start selling more Indian bs.
        Reply
        1. I
          Indian
          Oct 25, 2016 at 12:23 am
          If ur trader than ur not saying this coz u don't understand
          Reply
          1. J
            Jayesh shah
            Oct 19, 2016 at 4:41 pm
            Just understand feeling of common indian, don't pick words and moral of the matter is to keep Indian rupee in india
            Reply
            1. H
              hitender
              Oct 17, 2016 at 7:02 pm
              Weak article. Common person can make the difference. On other hand, our traitor traders need to ensure that only high quality goods are imported. For their own profit they cannot use india as dump yard.lt;br/gt;lt;br/gt;About BRICS summit, the result is not unexpected. India pushed its view and made clear to its partners. On other hand, our diplomats (regardless of congress or BJP) need to refind their negotiation skills. The BRICS declaration is evidence of thd very gap. (Though such motherhood statements mean nothing in practical life)lt;br/gt;lt;br/gt;A 6.6 trillion dollar economy and mive defense budget is not something that can be ignored.
              Reply
              1. M
                MyTake
                Oct 17, 2016 at 6:36 pm
                Govt. does not have to ask, people can do on their own.
                Reply
                1. R
                  Ram
                  Oct 17, 2016 at 2:56 pm
                  It looks like funny article saying traders will go in losses . I am surprised to see this article by Indian express .. not sure if he understand trade balance
                  Reply
                  1. Load More Comments