India and China: now India vs China !-Written By Rajnish -Lets Care Society

India and China: now India vs China ! Written By Rajnish -Lets Care Society

Proud Of You Indian Army

Amid the pandemic tension, there is a new international issue boiling up and strangely, this is also associated with China. But this time there are only two countries involved and affected from it, China and India. Before the rise of this standoff, China has already been trying to put pressure on India via International community for the Kashmir issue. The standoff situation arised near the LAC(Line of Actual Control) region of Ladakh. As per the reports in media, the time period of this incident is 15th and 16th June, 2020.

India lost its 20 soldiers as confirmed by the national military body, and according to ANI, the Chinese side had to bear 43 casualties. Where China is being portrayed the culprit to violate the defacto border rules by Indian media, the Chinese media is alleging the same to India. Meanwhile, there is a surge in a movement to stopconsuming China based products by a large set of Indian diaspora.

The same sort of wave to boycott Chinese goods arised in 2016 too, but the thought diminished with time. This time Confederation of All India Traders(CAIT) have also engaged itself in the process of boycott by listing 3000 items which are of Chinese origin, and by conveying the people to disengage from using them. They have also appealed cricketers to not endorse Chinese products.

The trade value between India and China is between $55- $60 Billion USD. This trade amount shows the estimate of both being commodity and financial support to each other at a non avoidable level. This amount of reliance is not easy to vanish within few days or few months. Within recent time, educator Sonam Wangchuk tried to persuade people towards decreasing the citizen’s reliability over Chinese materials by explaining his thoughts via YouTube.

The wave to use non-Chinese products could give a boost to many companies and other manufacturers who are Indian based or non-related to China. For example, this could give a boost in the sale of Samsung smartphones as it is the only brand which is completely manufacturing in India and also has a significant market base to emerge as a dominator under this scenario. If the wave hits an alarming level, then it will affect the Indian payment technology giant PayTM too, but the effect it would bear will not be positive, reason would be the nearly 40% stakeholding of Alibaba(a Chinese E-Commerce company), in the brand under the parent company One97 Communications, headed by Vijay Shekhar Sharma.

India is already in the race to become a world level super power, this opportunity would help it in becoming self reliant, as well as a globally efficient exporter of goods, enhancing it in becoming a financially sound country. China became a superpower in a similar way, which was to dominate the world trade. Already many MNCs are taking their hands off from Chinese land, hence India has a bright chance of leading its way by grabbing this opportunity. Let’s see what happens in the upcoming future.