Can really boycotting of chinese product beat china's bullet? || TINDIT ||

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In present times there is tension in the indo-china border that is because the Chinese army comes into the Galwan valley then, the many nationalist people start campaigning to boycott the Chinese products. Will it work?

We all know that china having a good global economic strategy. For defeating the china , we have to start the executing of plan. Before boycotting the product we firstly have to understand will it only affect china or India also. According to FY19 India's share in China is exporting is only 3% thus, it won't affect much after boycotting of Chinese product it is just like a scratch on china's economy. This also shows that China is not dependent on us but India is dependent on china because India is the largest import comes from china which worth stands at $70 billion and China is also the third-largest export destination for India of $16 billion. If we start boycotting these Chinese products and If China retaliates and boycotts us, 67% drug imports and 60% electronic imports will get affected and our businesses will suffer badly. Then this makes a huge loss to the Indian economy. Then for defeating this china . we have to focus on Made in India product and also diversify our imports from other countries this reduces our dependency on China.

If we start boycotting the Chinese product now, then it will also a good start that is because there is internal unrest and economic issues in china and also approximate 1000 companies plan to leave china and setup their companies in India and other countries. And due to not giving correct information of covid-19  at right time to the world their relationship with other countries is also deteriorated.

Again I suggest people to  before boycotting of these products we have to diversify our import to other countries and have to be worked on Made in India.

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Written by Ankit Baranwal

Author Email id -Ankitbaranwal55527@gmail.com