1. China warns India: ‘Boycott Chinese Goods’ campaign would hurt ties, investment

China warns India: ‘Boycott Chinese Goods’ campaign would hurt ties, investment

Amidst a small section of people in India running "Boycott Chinese Goods" campiagn, China has warned such a move would hurt ties and investments in both countries.

By: | Updated: October 27, 2016 4:50 PM
boycott chinese goods, boycott chinese products, boycott chinese items, boycott chinese, boycott china, boycott chinese goods campaign, boycott chinese items campaign, boycott chinese products campaign, china, india, china india trade, india china trade, china news, india news, chinese spokesperson, xie liyan, boycott china india, boycott, financialexpress, Boycott Chinese Products: The Indian government has not formally made any such call. (Source: IE)

Amidst a small section of people in India running “Boycott Chinese Goods” campaign, China has warned such a move would hurt ties and investments in both countries.

The demand to boycott Chinese goods this festival season started after China apparently sided with Pakistan and blocked India’s move to get Jaish-e-Mohammad chief Masood Azhar declared as a UN-designated terrorist. The campaign to boycott Chinese goods initially started on social media platforms like WhatsApp, Twitter and Facebook.

The Indian government has not formally called for the boycott of Chinese products.

Reports of the effect of the ‘Boycott Chinese Goods’ campaign have come from small pockets. Several reports have suggested that the campaign may affect the sale of Chinese lights, firecrackers and some other small products during the festivals.

On Thursday, HT reported Chinese embassy spokesperson in New Delhi, Xie Liyan, as warning that the campaign would hurt investments and ties between both countries.

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Xie said that China is “more concerned” over the boycott as it would “negatively affect” Chinese companies, who wish to invest in India, and the bilateral cooperation between the countries.

Asserting that the boycott would hurt India more than China, Xie said that both Chinese and Indian people are “not willing to see” the negative effect of the boycott.

Xie’s concerns hold significance as India under the leadership of Prime Minister Narendra Modi has been seeking investments from all across the world, including China. India seeks Chinese investment in the country’s infrastructure sector. It is believed that trade imbalance between both countries could come down with such investments.

ALSO READ: ‘Boycott Chinese items’ campaign gains momentum as China sides with Pakistan on JeM terrorist Masood Azhar

At present, the trade deficit between the two countries is about $50 billion. In 2015, the total bilateral trade between India and China was worth $71.6 billion.

Xie told HT that the boycott effect would not be limited to Diwali-related products only but may extend to other Chinese products also.

The Chinese warned such boycott would not only affect the sale of Chinese goods but the ” biggest losers of the boycott of Chinese goods will be Indian traders and consumers.”

However, it has been earlier reported that the boycott call did not deter Indians from buying Chinese smartphones. Some of the Chinese smartphone manufacturers have done bumper sales during the festival sale offers on platforms like Flipkart, Amazon and Snapdeal.

Earlier, a Chinese state media report had also said the boycott call would fail to change trade relations between the two countries.

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  1. M
    Oct 27, 2016 at 11:27 am
    Chinese arrogance must be met by traditional Indian Humility (Vinamrata). Lets request more and more of our people to buy anything that is made in Taiwan an or Korea.
    1. V
      Oct 27, 2016 at 11:46 pm
      I must say completely boycott chinesse diyas. Mitti made diyas have its own impact. Boycott should go long and should ended up with chinesse govt feel of regret and support india
      1. A
        Oct 27, 2016 at 9:45 am
        Import of chinese goods for long term benefit is OK but now India has a major dependence of same. Indias Pharma industry and Dyes and Pigments industries will collapse if imports of chinese Raw materials are stopped India is a loser in the current context and has to reduce dependence on an un dependable china.
        1. Tamil
          Oct 28, 2016 at 2:56 am
          We sent Brits ng in a flash, Xi thinks his arrogance won 'core' scare in CHINA, but will not work in India.
          1. S
            Oct 27, 2016 at 10:19 am
            I appreciate the approach taken by the forces that be to stop encouraging imports of non critical items from China and patronising the same. I think this should be the habit which should be prompted aggressively amongst us
            1. D
              Oct 27, 2016 at 12:02 pm
              I think focus of promote/buy the local hand made product rather than buying cheap. Maybe we need to put this bit differently. Each of one us should by 'Swadeshi' if there is option and quality is not compromise. Even if we end up paying more......
              1. P
                Prasad M
                Oct 27, 2016 at 12:13 pm
                Chinese started to feel the heat...
                1. N
                  Narendra M
                  Oct 27, 2016 at 12:15 pm
                  1. If China’s exports to India account for just two per cent of its total exports why is it worried? 2. As an importing country we may be tempted to import Chinese goods as they are compeively priced. Here, let us not forget that our trade with China results in huge trade deficit in favour of China. If we continue to import unlimited quanies of Chinese consumer goods, like we have been doing all these years, we will only be enriching Chinese economy. 3. Of course, it may be fact that that our importers enjoy importing all sorts of consumer goods from China as they make a decent profit from such imports. 4. It is obvious that the Chinese are very shrewd and so far they have avoided imports not only from our country but also from many other countries by unfair means. 5. Do we have any strategy to deal with Chinese policy of stalling imports from India? The entire democratic world is aware of Chinese designs in this regard. Eventually, if China does not revise its trade policies it will face a major retaliation from many countries.
                  1. R
                    Oct 27, 2016 at 10:35 am
                    Boycott of Chinese goods is something that should have been done long time ago.The delay has caused damage to our industry and local manufacturers are sufferingspite of these efforts there are some industries where the influence is still very strong like mobile industry.#boycottchina
                    1. M
                      Oct 27, 2016 at 1:24 pm
                      We don't need your investments and boycott we will .
                      1. Bikram Nongmaithem
                        Oct 28, 2016 at 1:34 am
                        long time ago manipur local liquor is not por despite of its taste. After foreign liquor has been banned in the state,local company developed exponentially.
                        1. v
                          Oct 27, 2016 at 11:14 am
                          be Indian, buy Indian made as much as possible
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