fbpx
Connect with us

Global

Boycott Chinese Products Campaign in India – Who will Suffer the Most?

Published

on

India is trying to escalate tensions after a fierce clash between Chinese and Indian troops in the Galvan Valley on June 15. A campaign to boycott Chinese products is underway inside India. According to reports, Indian officials are also considering reducing or stopping trade with China. The question is if India does that, who will suffer? China or India itself? Let’s try to find the answer to this question in the light of facts.

Political factors are behind India’s confrontation with China. The COVID-19 epidemic is currently spreading rapidly in India. The number of confirmed cases has reached millions. According to experts, the actual number of cases is much higher. Despite this, the Indian government has chosen to continue easing the lockdown. what is the reason? The Indian economy cannot afford further lockdowns. In such a situation, efforts are being made to reduce the pressure on the government regarding the epidemic by taking confrontation with the neighboring countries.

ALSO READ: Pulwama Aftermath, Indian Plane Gunned Down by Pakistan Air Force, Caused Stir in United States

Also, Indian political parties have a reputation for exploiting nationalism for political gain. Whatever the reasons, intensifying and prolonging the confrontation with China is disastrous for the Indian economy.

In the context of the global financial supply chain, if India boycotts Chinese products, it will have very few options. In that case, India will bring higher prices for its firms and consumers. Besides, some Indian industrial sectors are heavily dependent on supplies from China and have no choice but to cooperate with China.

ALSO READ: Global Power Dynamics and Pakistan’s Foreign Policy

The Indian economy is already under severe pressure as a result of months of lockdowns. According to India’s official data, imports declined by 48.3 percent in April compared to the same month last year, while exports declined by 33.7 percent. Foreign direct investment in India also hit hard in April, falling to $1.37 billion. According to data from Trading Economics, a global economic data provider, this is a decrease of 52.5% over the previous month.

In these circumstances, it is unreasonable for India to escalate tensions or reduce economic ties with China. Because there is a clear difference in the status of the two countries. China has been India’s top trading partner for years, while China’s exports to India account for about 2% of its total exports. It is not easy for India to ban imports or investments from China under global value chains, as the East Asian countries are interconnected in a highly integrated industrial chain. And such sanctions will inevitably hamper its cooperation with other countries and, in the long run, worsen India’s trade environment. Also, China is the strongest and most important link in the world’s industrial chain, so India will never be able to develop a solid industrial system by banning China.

ALSO READ: Reasons and Background of Recent Indo-China Border Conflicts

It would be a wise choice for India to take the path of cooperation of Asian regional economies. For example, there is ample scope for cooperation between India and China in the field of infrastructure, as China can offer the world ideal projects at very reasonable prices.

In contrast, economic coordination between India and the developed West has weakened, as the transition of large industries from the developed world has been completed. And India has not been able to replace China or Southeast Asian countries due to its inadequate infrastructure, low competitive labor, and flaws in its system.

ALSO READ: Hydro-Politics among Asian Powers

The US is giving various incentives to India under the Trump administration. Sometimes by inviting them to attend this year’s G7 summit, sometimes by forming a “G11”. And sometimes by saying to increase the strategy of the Indian Pacific. The US is encouraging India to join the anti-China group. Regardless of whether this strategy works or not, all of these measures are political or strategic moves by the United States to stem China’s growth and are unlikely to bring real benefits to India.

While India can benefit from full cooperation with China and other Asian countries and economic cooperation requires a harmonious, coherent relationship and mutual respect. However, India is currently sabotaging all these manners and standards. India needs to formulate a sound economic strategy based on a comprehensive assessment of its capabilities to avoid a catastrophic path. An economic boycott could turn into economic suicide.

Click to comment

Leave a Reply

Global

Will Pakistan Recognize and Accept Israel?

Published

on

The Muslim world is at a new turning point in history. The distance between Arabia and Israel seems to be closing. Israeli Prime Minister Netanyahu and Saudi Crown Prince have met. The US Secretary of State was also present at the meeting in Saudi Arabia. The world media is shouting at this meeting. If this news is true then it is a great development in world politics. The UAE, Bahrain, and Sudan have already joined Israel. What color will this friendship with Israel bring to the Arabs? Why are the Arab countries so anxious to embrace yesterday’s enemy? Will Pak-Israel anger last forever?

ALSO READ: Two Factors that are Blocking the Way of Resolving Palestine Issue

While the new global political development is a source of joy for the minority, it is also a source of unhappiness for the majority. Questions about recent developments also need to be answered. Experts say the meeting took place and that Israeli Prime Minister Netanyahu arrived in a private jet with the Mossad chief. He met secretly with the Saudi Crown Prince. The problem is that the results of the recent US election have upset many countries, including Saudi Arabia. After Biden’s victory, Saudi Arabia fears what the new US president will do. Saudi Arabia wants the support of the Israeli lobby in the United States. Saudi Arabia has extended a hand of friendship to both Turkey and Israel. Saudi Arabia does not want its relations with the United States to rupture. Will Saudi Arabia’s efforts work?

The first is that US foreign policy has implications. Four Muslim countries were destroyed by US foreign policy. Libya was devastated by Obama and Hillary. Had it not been for Russia and Hezbollah behind Assad in Syria, it would have been like Libya. The situation in Iraq and Afghanistan is also in front of everyone. The situation in Afghanistan and Iraq hurt the United States. Trump has not started new wars. Biden is under the influence of former US President Barack Obama. They are “dense” like them. Such people are dangerous. This threat is making the world restless.

ALSO READ: What is Pakistan’s Stance Regarding Recognizing Israel state?

Iran has also linked Biden’s victory to goodwill. Iran hopes sanctions will be eased. Trade routes to Europe will open for Iran. Pakistan will also benefit from easing sanctions on Iran. Pakistan’s goods will go to Iran and Iran’s goods will come to Pakistan. Saudi Arabia wants to curb Iran’s influence in the region. If anyone can look Israel in the eye, it is Iran and Turkey. Saudi Arabia will not be made of Iran. It is said that the enemy of the enemy is the friend, Saudi Arabia is also going to sacrifice its long-standing policy under the same policy.

The question is, when Pakistan’s friends are raising the bar of love and friendship with Israel, will Pakistan lag behind in this race? Will Pak-Israel anger last forever? Prime Minister Imran Khan’s position on Palestine is the position of the nation, in which he said that our policy on relations with Israel is the same as that of the founder of Pakistan. The founders of Pakistan have always rejected relations with Israel. He used to say, “This is a dagger inserted in the heart of the Ummah. This is an illegitimate state which Pakistan will never recognize.”

ALSO READ: CPEC & Chabahar Paving the Way for China’s Supremacy in the Region

Our position cannot be linked to the position of the Arab League or the OIC. Our position is based on the position of the founder of Pakistan, Quaid-e-Azam. If Pakistan backs away from the Palestinian policy, it will deviate from the Kashmir policy. Pakistan is a non-Arab country that has taken part in two wars against Israel. Pakistan’s policy is clear and cannot be changed. But our Prime Minister is second to none in changing his stance on every issue. As soon as the news of the Saudi Crown Prince’s meeting with the Israeli Prime Minister came, a certain group in Pakistan was deployed to form a consensus to recognize Israel.

A lobby of specialized intellectuals and journalists has begun work on the “Acceptable” mission. The government has started throwing leaves through social media. The past shows that our Prime Minister jumps to great heights, in this case too. If that happened then his followers would accept it as a blessing.

Continue Reading

Global

Russia Released the video of the “TSAR BOMBA” (King of Bombs) Explosion

Published

on

Russia has released a video of the world’s most powerful explosion, which was carried out experimentally in October 1961 during the Soviet era. It was actually a hydrogen bomb with an explosive power of 3,300 times that of the atomic bomb dropped on Hiroshima.

The bomb, dubbed the “Tsar Bomba” (King of Bombs), was dropped on an island near the North Pole and detonated in the air at an altitude of 4 km above the ground.

With an explosive power of 50 megatons (50 million tons) of TNT, this hydrogen bomb is considered to be the most powerful bomb in human history, designed by the famous Soviet scientist Andrei Sakharov. This is the same Andrei Sakharov who was awarded the Nobel Peace Prize in 1975 after defecting from the Soviet Union.

ALSO READ: Explosion in Iran’s Nuclear Facility Opens up Another Round of Conspiracies

The 40-minute video was uploaded to YouTube by the Russian Atomic Energy Agency a few days ago, in which the countdown to the bombing begins at 22 minutes and 22 seconds:

The blast was so intense and large that it could be seen from a distance of a thousand kilometers, while its heat was felt at a distance of 250 kilometers.

The cloud formed by the explosion of this hydrogen bomb was so high that it reached an altitude of about 700 km, that is, the point where the Earth’s atmosphere ends and space begins.

ALSO READ: Is the World Moving Towards another Cold war or Soft War? (US-China End-Game)

We don’t know if there is an even more powerful hydrogen bomb in the world, but we do know that it was the most powerful experimental explosion in human history.

It should be noted that the original and technical name of the hydrogen bomb is “thermonuclear bomb”, the explosion of which emits tremendous energy in the form of light, heat, and shock waves but the emission of radioactive rays is much lower than that of a normal atomic bomb.

Continue Reading

Global

Father Sold his Daughter To Buy A Smartphone and Motorcycle

Published

on

We often fall in with stories on social media and news channels highlighting the brutal face of the mentally sick people of the society.

Although, the crime rate has been declined amidst the coronavirus pandemic but a few people are out there to show their bestiality to the world by committing heinous conduct.

According to the National Crime Records Bureau (NCRB), an average of 80 murders, 289 abductions, and 91 rapes were reported across the country in 2018 in India on a daily basis.

A new heart-wrenching incident took place in the Chikkaballhar district of India. An inexorable father sold his daughter, who was only three years old, to buy a smartphone and motorcycle.

He sold his daughter to a childless couple for INR 100,000. And he bought a smartphone for INR 15,000 and a motorcycle for INR 50,000 with the money he got.

The parents had tried to sell the baby to a family in Bengaluru when she was born, but their plan failed as the hospital authority meddled. After this, another person got the wind of the situation and made a deal with them on the behest of a childless couple in another village.

After the man used all the money, his neighbor grew skeptical, and they found out that his daughter had not been at home. They informed the police who inquired some villagers including the mother of the baby. The child welfare committee found the girl and a case has been filed against the couple.

The father took to his heel but the mother was incarcerated. The authority interrogated her and she brought to the light that her husband had intimidated her that’s why she allowed selling her daughter.

What could be the rhyme and reason that goaded the parents to sell their own blood? Either they are mentally sick or the financial problems made them sell their three years old baby.

Continue Reading
Advertisement

Also Read