Boycotts of Chinese products – If we stop importing Chinese products, then Approximately 30-36 % of people have lost the job.
Today’s We have to consider about boycott Chinese products, if we have to stop Importing China products, will it affect India or china and more other countries?
I am an Indian, and I believe
“Truth is not what you want it to be, it is what it is. And you must bend to its power or live a lie”, (Japanese swordsman) Miyamoto Musashi.
मैं एक भारतीय हूं और मेरा मानना है
कि “सत्य वह नहीं है जो आप चाहते हैं कि वह वैसा हो, वह वही है। और आपको इसकी शक्ति के लिए झुकना होगा या झूठ बोलना होगा ”,(Japanese swordsman) मियामोतो मुशी।
In this article, We have to consider about Boycott Chinese products. I will try to give a proper answer by providing the facts and Data Analyses based on them.
GDP (Gross Domestic Product)
When Wikipedia says that, the GDP “Gross Domestic Product” is generally used to decide the current economic and development condition of a country.
In this article I have to prove what effect after boycotted, The question is not about who has a stronger country about GDP. It is about which country will be more affected. If the importing and exporting are boycotted.
When the Boycott Chinese products , Between the china and India , Here is what Wikipedia says about the bilateral trade.
Bilateral trade reached the US $ 89.6 billion in 2017-2018 after some problems between China and India. While the trade deficit stood at the US $ 62.9 billion in favor of China. As of 2017, bilateral trade volume between China and India stands at the US $ 84.5 billion. This figure stands at the US $ 34 billion excluding bilateral trade between Hong Kong and India.
It’s mean china gets Approximately 60 Billion US Dollars to form India whereas India gets only around Approximately 30 Billion US dollars in the return, After the research, You can think that India will stand.
After the consider about GPD “Gross Domestic Product”, Now the question is, whether this comparison reasonable?
After the some research i have to say , Answer is no !
When the Chinese boycott the products. So I think so. That I am not wrong. After extensive research, I need to know about India. Contribution of only 0.45% to the GDP of erstwhile China. While China is affecting 1.5% of India’s GDP.
What’s the reason ?
You should already know about the sugar trade in India, and there is another reason. Because China has a lot of excellent goods exported around the world at a much cheaper price than India or a better product than India. I do not want to say that. India is not providing a good product. I have to say about the quantity. In other words, I mean. China will not be affected as much as India will be. India has suffered major losses after the boycott of Chinese products.
3000 Chinese product is available in India then, 30-36 % of people have lost the job after Boycott Chinese products
Shoes, bags, cosmetics, toys, furniture, watches – these are part of a list of 450 categories of products made in China. Who will be boycotted by the Confederation of All India Traders (CAIT) over “continued border skirmishes”.
When, the traders’ body on Tuesday has to release a list of over 450 broad categories of commodities. Which has over 3,000 Chinese products?
According to the FICCI reports syas that the Chinese sectors have to invested in the following Indian sectors:-
- Automobile Industry (40%)
- Metallurgical Industry (17%)
- Power (7%)
- Construction (5%)
- Services (4%)
India sends 8% of its total exports to China whereas China sends only 3% of its total exports to India.
There is the List of Top Chinese Companies in India are;
|China Mobile Companies in India||China Software Companies in India||Other Sectors China Companies in India|
|Xiaomi (MI)||Alibaba Groupi.UC Browser||Haier|
|Oppo||Bytedancei.Tik Tokii.Vigo Videoiii.News Republic||Volvo (Own by Geely)|
|Vivo||Tencent Holdingi. Pubgii. WeChat||MG (Own by SAIC Motors)|
|Oneplus||Cheetah Mobilei. Whatscallii.Cheetah Keyboardiii.CM Browseriv.Tap Tap Dashv. Battery Doctorvi.Clean Mastervii.CM Backupviii.CM Browser||Nippon Paint (India) Pvt. Ltd.|
|Huawei||Huawei||Shanghai Electric India Pvt. Ltd.|
|Motorola||..||WISCO (I) P. Ltd.|
|LeEco||..||ZTE Kangun-Telecon Company (I) P. Ltd.|
|Lenovo||..||China Dongfang International|
|Meizu||..||Baoshan Iron & Steel Ltd.|
|Meizu||..||Chongqing Lifan Industry Ltd.|
|Honor||..||China Dongfang International|
|Gionee||..||Sany Heavy Industry Ltd.|
|Gfive||..||Cheetah Multitrade P. Ltd.”|
|Hair||..||“YAPP India Automotives Systems Pvt. Ltd.”|
Private Indian companies with major Chinese Investments
Chinese technology companies are investing over $ 3,600 million or $ 3.6 billion on one side in India. On the other hand, the report also states. It has also been said in most of the reports. That “Indian VC financiers are wealthy individuals or family offices – and the report states that $ 100 million of commitments through their initial losses are not required to finance start-ups.” The report states.
For example, Paytm incurred a loss of Rs 3,690 crore in FY19. While Flipkart lost Rs 3,837 crore in a year. With this, Western and Chinese investors became major players in Indian start-ups.
China Product List – boycott china products list
|HS Code||Product Description||(USD) Total Import Value||(%) Imports||No. Of Shipments|
|8517||Telephone Sets, Including Apparatus For Communication In A Wired Or Wireless Network (such As A Lo Including Telephones For Cellular Networks, Or For Other Wireless Networks; Other Apparatus For The Transmission Or Reception Of Voice, Images Or Other Data,||7057504278.4||48.15||143562|
|8541||Including Photovoltaic Cells Whether Or Not Assembled In Modules Or Made-up Into Panels; Light Emitting Diodes; Mounted Piezo-electric Crystal,Diodes, Transistors And Similar Semi-conductor Devices; Photosensitive Semi-conductor Devices,||688515643.88||4.7||28541|
|8471||Machines For Transcribing Data On To Data Media In Coded Form And Machines For Processing Such Data, Not Elsewhere Specified Or Included, Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical Readers,||423185790.9||2.89||33493|
|8529||Parts Suitable For Use Principally or Solely With The Apparatus Of Headings 8525 To 8528||189768107.25||1.29||42561|
|8528||Monitors And Projectors, Whether Or Not Incorporating Radio-broadcast Receivers Or Sound Or Video Recording Or Reproducing Apparatus, Not Incorporating Television Reception Apparatus, Reception Apparatus For Television,||168985263.31||1.15||7079|
|8507||Electric Accumulators, Whether Or Not Rectangular (Including Square)Including Separators Therefor||160144327.76||1.09||9934|
|8504||Static Converters (for Example, Rectifiers) And Inductors, Electrical Transformers,||151471619.77||1.03||36680|
|8525||Electric Space Heating Apparatus And Soil Heating Apparatus; Electro-thermic Hair-dressing Apparatus (for Example, Hair Curlers, Hair Dryers, Curling Tong Heaters) And Hand Dryers, Ele, Electric Instantaneous Or Storage Water Heaters And Immersion Heaters;||129587731.06||0.88||10108|
|3105||Phosphorus And Potassium; Other Fertilisers; Goods Of This Chapter In Tablets Or Similar Forms Or In Packages Of A Gross Weight Not Exceeding 10 Kg, Mineral Or Chemical Fertilisers Containing Two Or Three Of The Fertilising Elements Nitrogen||124893955.72||0.85||260|
|HS Code||Product Description||Total Export Value (USD)||(%) of Exports||No. Of Shipments|
|5205||Containing 85% Or More By Weight Of Cotton, Cotton Yarn (other Than Sewing Thread), Not Put Up For Retail Sale||179128076.46||12.17||2503|
|2601||Including Roasted Iron Pyrites,Iron Ores And Concentrates,||154949981.36||10.53||80|
|7403||Unwrought.Refined Copper And Copper Alloys||102740355.9||6.98||590|
|5201||Not Carded Or Combed ,Cotton||72053368.78||4.9||241|
|2516||Whether Or Not Roughly Trimmed Or Merely Cut, Granite, Porphyry, Basalt, Sandstone And Other Monumental Or Building Stone, By Sawing Or Otherwise, Into Blocks Or Slabs Of A Rectangular (Including Square) Shape||61931195.05||4.21||1306|
|0801||Coconuts, Whether Or Not Shelled Or Peeled Brazil Nuts And Cashew Nuts, Fresh Or Dried||52281393.45||3.55||85|
|4107||Leather Further Prepared After Tanning Or Crusting, Including Parchment-dressed Leather, Without Hair On, Whether Or Not Split, Other Than Leather Of Heading 4114, Of Bovine (including Buffalo) Or Equine Animals,||34069071.1||2.32||2175|
|8517||Telephone Sets, Images Or Other Data, Including Apparatus For Communication In A Wired Or Wireless Network (such As A Lo, Including Telephones For Cellular Networks Or For Other Wireless Networks; Other Apparatus For The Transmission Or Reception Of Voice,||27620756.29||1.88||4239|
|1515||there is not But Not Chemically Modified, Other Fixed Vegetable Fats And Oils (including Jojoba Oil) And Their Fractions, Not Refined or Whether||26662027.45||1.81||170|
|Port Name||Total value Imported (USD)||(%) of Import||No. Of Shipments arrived|
|Delhi Air (INDEL4)||2898379186.37||19.77||350630|
|Nhava Sheva Sea (INNSA1)||2317627486.91||15.81||360491|
|Chennai Air (INMAA4)||1592894695||10.87||83478|
|Sahar Air Cargo (INBOM4)||1571429032.03||10.72||155756|
|Chennai Sea (INMAA1)||1565030363.55||10.68||167692|
|Bangalore Air (INBLR4)||1167805355.47||7.97||109558|
|Tuglakabad ICD (INTKD6)||469932225.84||3.21||122458|
|Kolkata Air (INCCU4)||315799891||2.15||12915|
|Hyderabad Air (INHYD4)||288926392.31||1.97||10645|
|Mundra Sea (INMUN1)||282943267.04||1.93||8860|
|Port Name||Total value Exported (USD)||(%) of Export||No. Of Shipments Departed|
|Nhava Sheva Sea (INNSA1)||212341163.86||14.43||14807|
|Mundra Sea (INMUN1)||135719811.98||9.22||1751|
|Vizag SEA (INVTZ1)||123569391.05||8.4||606|
|Chennai Sea (INMAA1)||105557573.65||7.17||7850|
|Tuticorin Sea (INTUT1)||104365974.74||7.09||1552|
|Goa Port Sea (INMRM1)||76693642.28||5.21||166|
|Paradeep Port Sea (INPRT1)||76189619.96||5.18||33|
|Kolkata Sea (INCCU1)||61434215.95||4.17||1588|
|Pipavav – Victor Port Gujarat Sea (INPAV1)||56890726.41||3.87||1146|
|Chennai Air (INMAA4)||51277079.46||3.48||12600|
Let see what Wikipedia says about Boycott Chinese products,
After the deep research in Wikipedia and i have to collect some information , it can be concluded that
China ranks 3rd in the list of country which benefit India the most whereas India ranks 11th in case of china for the same.
Clearly, India benifits more from china.
Maybe in the future when India will have better bilateral trade relations with the rest of the world, and producing more goods and commodities at a significantly higher level. It is possible to play this boycott game. Then the Boycott Chinese products it’s not easy.
Remarks: Even USA will not dare to boycott trade from China.
When surveyed in Washington in May 2020, USA boycott Chinese products easily. So according to the Florida senator, on some interviews during the coronavirus. At least 40% of US citizens will not buy Chinese products when the report arrives in 2020. Rick Scott claimed that “The American public is stopping doing business with China”. And he said that “now I am fed up with China.” As China “explicitly killed Americans by its actions”, it dealt with China’s epidemic. According to the survey, he also said that no one should buy anything from China. He said that “we must never forget. This is Communist China” is underway by Communist Party Secretary-General Xi. “