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Showing posts from June, 2020

Summary Examination of Chinese Sourced Imports into India

The latest on Social Media is the rising strident call for stopping imports from China, as a response to the Chinese’ increasingly aggressive border infiltrations into our country. This is an attractive thought – but, there are no real answers in this method. With an approximate 85 Billion Dollar Exim trade with China including   68.04 Billion Dollar Import Trade. , banning all Chinese products would debilitate our own capabilities, thus I dont see that happening. Neither do I foresee industries moving away immediately from China Linked Raw Material and Parts Imports. TRADE WITH AN ENEMY? That said, I see zero sense whatsoever in trading with an enemy nation, especially a totally skewed distribution, 3.5:1 outsized against us. This is something that needs to be done. Not because of patriotism - but as it is a very risky situation indeed if key components are sourced from an enemy. This is a major problem. So - yes, in my opinion, we have no choice. The rhetoric will help...