Boycotting goods from China to highlight political issues, will only damage bilateral ties. India must upgrade its industrial structure in order to tackle trade imbalance with China, said the Chinese state media.
Zee Media Bureau
New Delhi: Boycotting goods from China to highlight political issues, will only damage bilateral ties, said the Chinese state media on Friday.
The tabloid Global Times in a write-up 'India must upgrade its industrial structure in order to tackle trade imbalance with China ' said that India need to focus on expanding and improving industrial infrastructure and try to fill up the wide trade imbalance between the two countries, rather than adopting protectionism against Chinese goods.
“...country is trying to reduce its trade deficit with China through trade protectionism. Indian local media reports said in March that there had been 322 anti-dumping cases in India so far, of which 177 cases involved Chinese products. Besides, a social media campaign urging people to refrain from buying China-made products has recently been building in India. Such moves will not help contribute to reducing India's trade deficit, but could damage bilateral ties instead”, the article read.