COST OF BOYCOTTING CHINA
Apropos, ‘On the economy, don’t disengage with China’ (July 28), the boycott of China and Chinese goods may look good as a slogan from a patriotic and nationalist perspective but the government must understand that shutting the door on Chinese products will not benefit India and will come at a high cost. China and Hong Kong together are our largest trading partners with a 14% share, but India is one of their smaller partners with around 8% share. The trade imbalance is so huge that ban on Chinese imports will only harm India, especially the chemical and pharma industries, which incidentally are also big exporters. Our administrators need to handle this issue skillfully.
Rajiv Boolchand Jain,
Zirakpur the policy, however, will remain key and can define futures.
Preeti Thakur, Nahan