IMPACT OF BANNING CHINESE IMPORTS ON INDIA-CHINA BILATERAL TRADE

Poonam Rani

Abstract: As stress simmer at the boundary between India and China, what is more relating to, is the economic fall out of the embitter relationship between the two nations. It is because the interdependencies of the two neighbors are too cavernous to be ignored. The indignation over the assassination of Indian armed forces has led to calls for banning the trade with China. On the other hand, India would situate to lose more than China if trade were to be restricted. A blanket ban on Chinese imported goods will spoil all the business at that time when they are before now struggling to stay alive, apart from striking India’s ability to manufacture finished products. We know that India’s heavy dependency on Chinese imports such as smartphones, smart TVs, electronic equipments and a lot of intermediary goods that helps Indian industries to manufacture finished goods. India will lose more than China because it is much easier to China to substitute India than for India to China. It will be the most badly time as Indian economy is by now at its weakest position still- facing a sharp GDP reduction. If government wants to ban on Chinese imports, then it should be given the financial help to our whole industrial sector which depend on Chinese imports.

Title: IMPACT OF BANNING CHINESE IMPORTS ON INDIA-CHINA BILATERAL TRADE

Author: Poonam Rani

International Journal of Interdisciplinary Research and Innovations

ISSN 2348-1218 (print), ISSN 2348-1226 (online)

Research Publish Journals

Vol 8, Issue 3, July 2020 - September 2020

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IMPACT OF BANNING CHINESE IMPORTS ON INDIA-CHINA BILATERAL TRADE by Poonam Rani