It is learned that the Confederation of All India Traders (CAIT) has launched a campaign called “Indian goods-our pride” to boycott Chinese products.
The purpose of this movement is to reduce imports by a total of US$13 billion (equivalent to RMB 910) by the end of 2021 billion) of Chinese products.
Not long ago, the Indian trade department asked the port to detain some imported containers from China. At the airports in Mumbai, Chennai, Delhi and other places, new regulations were implemented especially for Chinese imported goods. Check the program.
India blames its dependence on China for the sluggish development of its overall manufacturing industry. New Delhi has repeatedly stated that India is China’s trade deficit continues to expand. India’s trade deficit with China was US$57.86 billion in 2018 and US$51.72 billion in 2017. India has been trying to change it. It is reported that the solution the authorities have in mind is to shut out Chinese manufacturing and even refuse to join the Regional Comprehensive Economic Partnership (RCEP).
But blindly boycotting Chinese products and reducing economic and trade ties with regional countries will do more harm than good to India. This will only lead to India continuing to produce high-cost and low-quality products, which will instead increase the consumption burden on the people. Analysts believe that India should view Sino-Indian relations rationally, change the inertial thinking of looking for problems in China when everything goes wrong, and develop calmly. Economics and diplomacy are the proper attitudes of a regional power!
According to a report by India’s “Economic Times” on July 27, the Indian government plans to add 275 Chinese applications to the “blacklist”.
The “Economic Times” stated that this unannounced list includes the international version of Tencent’s game PlayerUnknown’s Battlegrounds that had previously “escaped” and ByteDance’s “PlayerUnknown’s Battlegrounds” released in March this year. Independent music streaming app Resso, Xiaomi’s short video app Zili, and Alibaba Group’s AliExpress, among others.
△The picture comes from the Internet
Picture From the Internet
AliExpress (English name: AliExpress) was established in 2010. It is a cross-border e-commerce platform built by Alibaba for the international market and is popular among sellers. Known as the “International Taobao”, AliExpress targets overseas buyers and is the world’s third largest English-language online shopping website, covering a total of 30 first-level industry categories such as clothing, 3C, home furnishings, and accessories. It is reported that AliExpress buyers have exceeded 100 million. In addition, AliExpress also stated that AliExpress currently covers 220 countries around the world, covering 18 languages, and wireless sales account for as high as 59.3%.
A senior government official told the Economic Times that the Indian government has drafted a list of 275 Chinese apps that will be checked for any violation of Indian national security. and user privacy practices. The official said the Indian government’s censorship will become increasingly strict and more Chinese internet companies may be banned from doing business in India.
On July 25, WeChat officially restricted its users in India from sending and receiving messages.
It is recommended that all foreign trade personnel guide customers to Skype or WhatsApp to keep message exchanges flowing.
On the evening of June 29, the Indian government suddenly announced a ban on the use of TikTok, WeChat, Weibo, QQ Mailbox, and UC Browser in India. 59 “Chinese APPs”, etc., on the grounds that these APPs will endanger India’s “sovereign integrity, national security and public order.”
It is reported that this is the latest high-profile ban by India on 59 Chinese apps (including the short video app TikTok) last month. , the Indian government launched a new round of unprovoked suppression actions against Chinese companies.
The Economic Times quoted people familiar with the matter as saying: “The government may ban all or part of the list.”
A spokesperson for the Indian Ministry of Home Affairs has not yet responded to The Economic Times’ inquiry on the matter. But government sources pointed out that the Indian government is raising funds to review more Chinese apps. An official explained: “Some of these apps have been red-flagged for security reasons, while others have been singled out for violating data sharing and privacy rules.”
Indian government officials said that these applications “posed a threat” to India’s sovereignty and integrity.
India implements a blockade, how much is its textile export to China?
For China’s textile and apparel industry, India accounts for only 1.76% of China’s entire textile export market, and the value of textile export delivery in April hit a three-year record low for the same period. , so print��The impact of the blockade on China’s textile and apparel export market will be minimal.
Secondly, India relies on imports of some textile raw materials from China, but the scale is relatively small and the impact can be ignored. It is reported that India purchases synthetic silk from China at a scale of US$460 million (equivalent to approximately 31.96 yuan) and synthetic textiles with a total value of US$360 million (equivalent to approximately 2.5 billion yuan) from China. For this type of textiles, the total scale is US$820 million, accounting for only 0.31% of the entire Chinese textile export market, which is almost negligible.
The Indian textile and apparel industry has launched an anti-dumping investigation into some Chinese textile categories when it is difficult to protect itself, and the impact may be It is China’s total textile exports that have further declined, but the extent is relatively limited. According to reports, on May 21, 2020, the Indian Ministry of Commerce and Industry announced its decision to launch an anti-dumping investigation into polyester yarn products originating from China, Indonesia, Nepal and Vietnam. The possible result is that the proportion of total textile exports from China to India will further decrease. At present, according to data from the National Bureau of Statistics, the export of Class 11 textiles in April was only US$113 million, -63.3% month-on-month, which is already at a historical low for the same period in three years, and the decline in the later period may be relatively limited. </p
