Now, India also Starts Trade War with China

In this video, we will talk about India trade war with China.



Reference -
http://www.atimes.com/article/in-a-high-stakes-dance-china-charms-bhutan/
http://www.globaltimes.cn/content/1113251.shtml
https://renewablesnow.com/news/india-slaps-china-malaysia-with-25-safeguard-duty-on-pv-imports-621784/

Transcript - 


Hello Friends, welcome to Real Quick Info channel. Lets discuss our Original Real Quick Analysis.



We all know, after successfully driving Nepal and Maldives out of Indian influence. Chinese next target is Bhutan.



In fact, disregarding all that friendly talk, Nepal and Maldives are harming Indian interests in one or the other way.



The recent high level visits of Chinese diplomats to Bhutan have confirmed, that China is aiming for a friendly government in Bhutan after elections in November.



As it appears, the two days Informal summit in between Modi and President Xi has not changed anything on the ground.



Though India has started appeasing China,  yet China is still working on its anti India campaign in South Asia and Indian Ocean region.



In addition to diplomatic warfare, China continue to wage economic war against India. You know, in last two years, Indian trade deficit with China has gone up from 35 thousand crores to 42 thousand crore.



We have always argued that China understands only one language. Appeasing it will only harm India in both short and long term.



you know, Chinese products are very easily registered by Indian Authorities, but Indian products have to suffer from delay and high fee to get registered by Chinese authorities.



Each Diwali, we all are used to buying made in China lighting. 



As per Chinese news paper Global times, Orders for Diwali have reduced by half as compared to last year.



Now, this year, India has decided to give China taste of its own medicine by making it mandatory for all imported light emitting diode lamps to be first approved by Bureau of Indian standard.



Thus Chinese lamp and lighting, which used to get freely dumped in Indian markets, are now in queue to get Indian certification done.



Just like last year, we will celebrate the festival of light, but without china made lighting's.



Since the demand is going to remain the same, lighting's and lamps will be made in India. Thus generating more employment locally.



this is not one example alone. 



You know, as per parliamentary standing committee, Due to cheap Chinese solar panel dumping, 2 Lakh Indians have lost jobs.



These Chinese solar panels were serious threat to domestic manufacturing in India.



After proper investigation, India has imposed 25% safeguard duty on Solar cells imported from China and Malaysia.



This is Indian reply to China in Chinese language.



Chinese analyst have started crying, that India is following American example of trade protectionism against china.



Look who is talking here. America has waged trade war against China only 6 months back, and India has just woken up to Chinese challenge, but China has been following Trade protectionism for last 20 years.



Chinese experts would do better to keep their mouth shut, rather than cribbing that India is closing its market access for China.



As far as we can say, these two small Indian steps should be just beginning not end.



You know, Clever Chinese Emperor was expecting that European union would enter into deal against America.



European union said flat No to China, and rather preferring deal with America entered into negotiations.



Thankfully, European Union could differentiate in between friend and foe.



In the similar way, India should also enter into free and Fair trade deal negotiation with America.



If yesterday American companies could set up manufacturing plants in China, Thanks to improve ease of doing business and GST implementation, today they can shift manufacturing base in India as well.



Rather than focusing on selling raw material to China, which is already the largest producer in the world. we must focus on selling goods and services to America, the Largest consumer in the world.



We understand, If India, European Union, Japan and America join hands, China will be increasingly isolated and eventually lose in this Global trade war.





As per your views, should India try to enter into free and fair trade deal with America?



Please let us know your views in comment section below.


Please find the reference links of this video in the description box below. Thank you friends for watching this video.

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