Surely boycotting
Chinese product only in India doesn't affect the Chinese economy. Chinese
economy not only depending upon their exports
and shares in India. China has export in all over the world in massive
scale.
Country
|
Export
(%)
|
U.S.
|
16.80%
|
Hong Kong
|
11.20%
|
Japan
|
5.70%
|
South Korea
|
4.40%
|
Germany
|
3.20%
|
Vietnam
|
3.90%
|
India
|
3.00%
|
Netherlands
|
2.70%
|
U.K.
|
2.70%
|
Others
|
43.10%
|
Just take a look on report of Livemint:
According
to the report of Livemint, India is
the large market for Chinese goods about 3%
of Chinese export. India exports 5.3
% of our total export to China. Then obviously if India boycott Chinese
product then China will also respond right back by boycotting Indian Products
which will be very harmful to our economy.
China is India's third largest destination of export of India. Export of goods of worth $16.7 billion to China. If china boycotts Indian product then India will lost the largest export country. So, before boycotting the Chinese product India has to find alternatives for them.
Leading Chinese investors in India:
All
the businesses in which china has biggest investment can't survive whenever Chinese
investment becomes zero. Boycott China campaign is the little bit harmful to
China but India also not in an advantage of this campaign. It will lead to unemployment, Increases in product prizes.
No comments:
Post a Comment
If you have any query. Let me know.