China to slam India’s ‘protectionism’ at BRICS?
NEW DELHI: Beijing likely wants to again rap India on the knuckles for its “protectionism”, which it blames for the huge trade deficit with China+ . And its government-controlled media indicates that might happen at the ongoing BRICS summit in Goa.
“The huge trade deficit with China has become an increasingly unharmonious factor in bilateral ties between the two countries, requiring China and India to take practical measures to narrow the trade imbalance+ when leaders of the two nations meet in India over the weekend for the BRICS summit,” wrote the Chinese state-run Global Times.
In September, India exported goods worth $922 million to China, while it imported goods worth a whopping $5.4 billion from China, the news outlet said. India’s major imports from China include electronic components, telecom instruments, chemicals and pharmaceutical products, and India’s major exports to China are ore, plastics and cotton.
We should reduce the imports from China because the profits Chinese get from our imports will be used against our interests.
The more India supports Taiwan ~ Republic of China ,it will make the PRC more angry and irritable. Best is for India to send Official delegation to Taiwan
That is in fact a good suggestion!!
India should request Taiwanese to invest in India with special incentives, They have better technology and products,than untrustworthy chinese.
China is protecting terrorists, that too of a foreign nation…and India is just protecting its own market. China should not complain….
compare 5.4 billion import and 900 million export. Mf shutup you fat pig.
Hyderabad – 1 day ago
” In September, India exported goods worth $922 million to China, while it imported goods worth a whopping $5.4 billion from China, the news outlet said. “. — Indians Should understand the significance of this and stop buying Chinese goods!!
Just start reducing the addiction to cheap chinese goods. The CAD will come down
The chinese idea of setting up their factories in India is going to further increase the trade deficit.