After boycott China call, Chinese exports to India have fallen by 24.7% in 2020 additionally total trade is at 18.6%. Though some of this stems from China’s actions during coronavirus pandemic that’s not the primary reason. No, the primary reason is Galwan clash which occurred in May 2020. The border clash which saw Indian and Chinese troops engage in close quarters combat resulted in numerous casualties. As a result, the Indian government took similar actions to other countries in banning certain Chinese projects. Additionally, at that time by popular consent most Indian citizens began boycotting Chinese companies.
Results
The call to boycott China in India has led to numerous Chinese goods not being purchased there. Additionally, since May the Indian government have been exploring options to reduce the import of Chinese goods into the country. One of the first actions in this manner was the announcements of import restrictions of Chinese television sets. The government reason for this restriction is to break the countries dependence on Chinese made goods.
Additionally, the government is responding to the call of boycott China. Also, the government is exploring options to prevents not just direct import but secondary transactions. Specifically, they are trying to prevent other trading partners from the South Asia from transferring goods to India from China. The government is also planning to impose stricter requirements on several items including air conditioners, electronic vehicles, and so on. The ultimate goal of the government as part of the boycott China plan is to encourage in country manufacturing. This is because the sale Chinese goods Make up a large percentage of the products sold in the country. Specifically, certain pharmaceuticals see somewhere between 65% to 90% of their production come from China. It is scary to think what China might do if it suddenly stopped the export of such items, again.