How is it possible for India to boycott China realistically and practically? - Free Job Alert 2020 | Rozgaar Express

Thursday, 25 June 2020

How is it possible for India to boycott China realistically and practically?


I told you about the threats and dirty tactics that the Chinese Communist Party has adopted to increase its influence on the world and that it is important to boycott China, not only for India, but for every democratic country. How is it possible for us and India to boycott China realistically and practically if China is resorting to such dirty means - dumping, theft and currency manipulation? Are the rest of the countries not taking any action against China? There are discussions in Australia as to how Australia, as a country, can reduce its dependence on China. For these reasons, Donald Trump in the USA declared a trade war against China in 2018 and not only Trump but the opposition Many politicians — Democratic Party — also supported the trade war, so what really happened in the "trade war"? The trade war meant that Trump said that all Chinese goods arriving in the United States should be subjected to increased taxes and charges that would make these goods expensive. And if these goods become expensive, people in the USA will not want to buy them. Boycotting Chinese products is a very simple way.

Directly increasing tariffs on Chinese imports, but doing so would obviously hurt the USA. Well American companies made products in China due to cheap labor and now when they import their own products into the US, it will be expensive for them to do so, either these companies themselves will suffer or they will suffer Will increase the cost of their products If they increase the prices of their products, it will be harmful to the consumer and things will become expensive for them. On the other hand, China is not going to sit silent. China will also increase its import taxes for all goods coming into China from the United States, so, basically, it is called a trade war. Both countries raise their import duties to make the movement of goods more difficult. And it will be an economic loss for both countries. And as it happened, as of November 2019, there was a difference of 1% in China's GDP growth rate due to this trade war and 0.9% on the GDP growth rate of the United States, as calculated by the Bank of Finland. The biggest loss was borne by the farmers.
Those who exported their agricultural products such as soybeans to China but Donald Trump knew that this trade war would negatively affect the economies of both countries but this was not the aim of the trade war. To put pressure on China and force the latter to handle in its own way and reduce America's dependence on China and both these objectives were somewhat successful in some ways, under pressure from the trade war, China finally In January promised to stop currency manipulation. 2020 and it will provide strong legal protection to intellectual property, copyrights, trademarks and patents and help end ongoing IP piracy. China also promised that foreign co-visiting representatives in China, who would be able to transfer their technology Forced to do so, China will no longer be forced to do so only after China signed a Phase 1 trade agreement between the United States and China to reduce its tariffs, to fulfill these promises. Another positive effect of this was that it forced many American companies to move their production facilities from China to some other countries.
If they wanted to sell cheap products, therefore, many American companies stopped working with China and shifted to other countries and overall, American dependence on China began to decrease. As can be seen in January-April 2019, compared to January-April 2018, what percentage of changes in US imports took place? There was a change of minus 10% in imports from China to the US, the biggest beneficiaries being - Vietnam, Taiwan, South Korea, Thailand and the Netherlands. American companies that manufactured their products in China, now move to these countries. Gaya- Vietnam, Taiwan, Netherlands another graph shows that Vietnam took the greatest advantage of this trade war because many things manufactured in China are also supplied by Vietnam. The purpose of the discussion on this entire trade war was to show you how easy it is. If the Chinese government imposes import tax on goods coming from China, boycott Chinese products, but doing so will give a big blow to the Indian economy.
In my opinion, India is far more at a loss than the Americans would do in the American trade war. It is not ready to do why India is not ready and what we can do to prepare it, let us talk about this. The trade between India and China is very unbalanced about 2018-19, 70 Billions of dollars were imported from India into China and goods exported from India to China amounted to just $ 16.7 billion. This unbalanced imbalance is called a trade deficit. There is a deficit of about 53 billion dollars and this trade deficit has been increasing. In the last few years it means, it is a huge advantage for China that China has made India dependent on itself. The China from which India imports the most and for which India is most dependent on China is electronic goods - for example, TV, Smartphone, 76% of our market is full of Chinese companies. 65-70% of our medicines come from China. These are the most important areas in my opinion that need to be thought about how to change Chinese goods when we talk of "boycotting", it doesn't mean that we Will stop using all products in China completely. Will have to look for another option. We need to look for alternatives to replace them. Let us first talk about what can be done by other companies to replace the goods made by Chinese companies as consumers on a personal level.
This is very easy to do. in some areas. For example, if we talk about Chinese software, you can immediately remove Chinese apps from your phone. If you find an app useful, then you will find a non-Chinese alternative to it which is very easy to have many apps on the App Store. Which are of better quality, but I believe there should be some government support to motivate people for this. It should not be that we are boycotting Chinese apps, on the one hand, on the other hand, the Modi government is creating an official Indian government account on TikTok, so to ease the pressure on the government, it is necessary to at least leave this software Give and talk about hardware, it can also be achieved within a year, as Sonam Wangchuk pointed out. It is difficult to do that we are not saying that you should throw away a Chinese smartphone that you do not currently have a Chinese company Smartphone, the next time you go to buy one, for example, Oppo, Vivo etc. Do not buy from There are many other options available - you can buy one from Samsung, which is from HTC Taiwan, a South Korean company, Nokia is from Finland, Asus is another company from Taiwan, Apple USA is a company from Micromax and LAVA are Indian companies. You can buy your next Smartphone from any of these companies.
Buy new TVs or electronics for home use from these companies. Many of you will also point out that many of these products use such parts. What should be done in such a scenario in China? These things can be divided into four levels, in my opinion, the first level - products made by Chinese companies. The second level is - Made in China products manufactured by another company. For example, the iPhone. It is made by Apple, an American company. But it is made in China. The third level includes products that use Chinese parts and the fourth level consists of companies that have Chinese investment. In my opinion, we need to be conscious only on the first level out of all these four levels. There is a need to boycott products manufactured by Chinese companies, Made in China products are not a big deal I think because, today, Apple manufactures its iPhones in China because manufacturing costs are the lowest, but says.
Trump kept import taxes high. iPhones made in China, or Apple saw that Chinese labour was becoming increasingly expensive and that they would obtain cheaper labour in another country, so Apple would allow its production companies with comparative ease And iPhones that were "made in" China "until tomorrow" will now become "made in Vietnam" or "made in India", so this is not a big part of the problem, as long as companies are foreign, Indian Whether it is non-sugar-manufacturing products in China, I do not think you should boycott them. You can continue to use such products. There are a lot of Indian startups that have some percentage of their ownership in Chinese hands. Chinese companies have invested their money. Our popular companies- Zomato, Swiggy, Ola, Paytm, Ola, BYJU are some percentage of all these companies of Chinese companies. Their case in ownership is very interesting. On one hand, you can argue that these companies were started in India, they provide both employment and benefits to Indians. So we should not boycott them. On the other hand, you can also argue that Chinese companies own some share of these companies, therefore, some percentage of all profits made by these companies will go to the Chinese companies and they will get the profits. Will help you earn and as you know, Chinese companies dance to Chinese tunes. Communist Party they drop all their data.
If the latter is sought then I think both arguments bear the weight of age here. We should evaluate how much percentage of the Chinese company is owned by the company, if that figure is small - around 10-20%, then it won't matter, but if that figure reaches 40-60%, then Paytm As is the case, then we should not use these companies because they are being used to transfer to China and most of the companies in China, it is reducing the profit and if the owner is more than 50%, then the decision making Is also transferred to Chinese hands but what about the products of India manufactured by Chinese companies? I would say that we should avoid them even in this case because Chinese companies are our main goal here and finally, there are some people who say that we should boycott Chinese food too! And this is sheer nonsense! You should not do this at all. Think about it - who is cooking sugar? Chinese restaurants in India, where Indian cooks are hired, have been set up by some Indians serving other Indians.
How does this matter to sugar? Food is not being imported from China! In fact, you would be surprised to know that many Chinese dishes that are served today in India under the name of "Chinese food" have actually originated in India. If you never get the food you want in China, you will find such food not available." In the name of "Chinese food" in India, for example, many people think that Momos came from China, but they actually originated in northeast India, so, in boycotting such things, someone There is no profit, by doing this we will be. To go against the people of our own country and harm our own country. Doing all this will only increase racism against the people of the Northeast and similar ugliness is being put forward here. Some BJP youth activists are vandalizing shops as they sell Chinese toys, which are provocative. Talking at the level of businesses and companies, what can they do to boycott Chinese products? One thing we need to understand first is what companies and businesses demand from their customers.
If customers demand the cheapest product available, then no company is foolish enough to bear the losses and sell expensive products that no one buys if they see that people buy China products because they would be cheap. If that is what they will sell, there is no point in blaming companies and businesses. That is why I am saying that it makes no sense to vandalize shop owners with shops. We have to inspire them in positive ways. For example, these companies may use "Not Made in China" as a marketing strategy that shop owners can. Putting big signs in front of their shops and declaring that they do not sell Chinese goods, I think more people want to come to this kind of shop. If the owners used this as a marketing strategy then the shops business would definitely increase. One positive way of doing this is not to include any force or vandalism, but if there is anything else to be done, it has to be at the government level, so now let's talk about what can be done at the government level to boycott China? Free Trade Agreements Free Trade Agreements are signed to promote trade between the two countries. Both countries cut their import taxes and remove other barriers to facilitate trade between the two countries if India China. Wants to reduce imports, and wants to reduce its dependence on China, then it has to ink free trade agreements with other countries. India's Free Trade Agreement with Australia has been stuck in negotiations for the last 8 years. The government has been unable to negotiate with Australia to pursue it.
The Free Trade Agreement with the European Union has been stuck in negotiations for the last 10 years until India increases its trade with Australia and the EU, reliance on China cannot be reduced taking advantage of India's laziness , Other countries are getting ahead of India. Vietnam has already entered into a free trade agreement with the European Union and India will have to bear the brunt of it. Their footwear, marine products, textiles, furniture sent to the EU in India Exports will now be reduced, as the European Union has entered into a free trade agreement with Vietnam, so products from Vietnam will now become cheaper for people living in Europe. Also, if you consider the trade war between the US and China, when American companies were looking for an option to import from China, then India should have been their next option, but most US companies have not given India Chosen and chosen for this, Vietnam, Thailand and South Korea instead state that India's economic situation is not good today. This shows the failure of the Government of India. India's infrastructure is not great, there is massive corruption and there are many other reasons why India cannot compete with Vietnam. Those companies created a framework for Vietnam instead of coming to India. The Indian government will have to build its industries. To attract such companies in Trogir and India, their economic status and their social image will have to be improved.

The government will have to accept what were huge flop programs like Make in India and Startup India, were they not such a big flop, then the Chinese investments you saw in these startups would not have been made Indian startups and they would have been made from the Indian government The investment would have got support as well and they would have been successful in sustaining themselves. On the final point, I would like to mention India to improve our foreign relations with our neighboring countries Nepal, Sri Lanka, Bangladesh, Pakistan - India will have to increase trade with all these countries. There is a need to make relations friendly so that India can reduce its dependence on China and is doing so. It is not an easy task that our government is failing on this front in view of our relations with Nepal today, so these are some ways which we can adopt on a personal level and to reduce our dependence on China, our government What level can she adopt? They can take steps in their lives to reduce the use of Chinese products. I am saying as little as possible because everything can be boycotted or not. You should not use it even if you need it. Sugar products should be used as little as possible.