Delhi, 15 July 2017
On the border, India is trying to ward off Chinese aggression. In the cold Himalayan plateau, temperatures have shot up as an old political rivalry heats up. India and China are sparring over the Chicken’s Neck – a small piece of land where three countries (the third is Bhutan) converge and which connects India’s north-eastern states to the rest of the country. Shrill calls for a boycott of Chinese goods are getting louder as the Rashtriya Swayamsevak Sangh (RSS) and its affiliate, the Swadeshi Jagran Manch, joining in and social media networks amplify the noise.
But deep inside India, in homes and in markets, in the economy and in trade, Chinese dominance is a reality. “Even though lopsided, bilateral trade has grown well. Political differences have not impacted it,” says D K Joshi, chief economist, CRISIL.
In its next issue of The Economic Times Magazine, read more about the Chinese invasion and cries for a boycott.
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