In demonstration: People requiring the boycott of Chinese products in Mumbai.|Photo Credit:
Vivek Bendre
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Amid calls for boycotting Chinese items, here is why such a choice appears infeasible.
Amid border clashes, requires boycotting Chinese products have actually heightened. While India relies heavily on imports from China, a much smaller part of China’s imports are from India. India’s unicorns are likewise greatly depending on financial investments from China A financial boycott appears infeasible.
One-way traffic
In FY19, 5.1%of India’s exports were destined for China, while only 3%of China’s came to India. 13.7%of India’s imports were from China, while just 0.9%of China’s were from India.
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Leading partner
Imports from China represented over 14%of India’s overall imports in FY20(up until Feb.), the highest share amongst all the nations. Exports to