2020-07-03

[Loss made in China, can Modi’s patriotic card be used as a stimulant? 】India Customs intercepted Chinese imports and made headlines. When the new crown epidemic raged and the locust disaster struck, India’s economy was frustrated and unemployment doubled.”Long sigh to cover the air, how hard the people’s livelihood”, blocking China’s manufacturing, India’s most competitive pharmaceutical and electronics export industries will also be shut How long will the nationalist”patriotic card” of the Modi government last? When people’s food and clothing are all problems, Modi and

By ddzyx

[Loose made in China, can Modi’s patriotic card be used as a stimulant? 】India Customs intercepted Chinese imports and made headlines. When the new crown epidemic raged and the locust disaster struck, India’s economy was frustrated and unemployment doubled.”Long sigh to cover the air, how hard the people’s livelihood”, blocking China’s manufacturing, India’s most competitive pharmaceutical and electronics export industries will also be shut How long will the nationalist”patriotic card” of the Modi government last? When the people’s food and clothing are all problems, if Modi and the leaders of the Bharatiya Janata Party think they can dump their blame, they shout”Made in India” and block”Made in China” outside the wall.
In two points:
1) How can people’s”patriotic” emotions be resolved?

Since the bloody conflict on the Sino-Indian border relied on June 15, Indian media boycotting Chinese goods has been hyped, customs clearance for imports from China has been suspended, 59 Chinese apps have been banned, and major contracts involving Chinese companies have been cancelled. This series of”anti-China” incidents, as well as the ongoing consultations between the military leaders of both sides, and Modi’s initial statement that”China has not crossed the border”, can confirm that the two sides have no intention or escalation of military conflicts. China and India good neighborliness and friendship are common demands. . But how can people’s emotions be resolved?

Any country has a left-center-right distinction, and the ruling party represented by Modi, the People’s Party of India, is a hard-liner representative of the “Hinduism”, hyping patriotic cards, and promoting “nationalism” as their strength, so they can treat”Intercept Made in China” is regarded as a step towards the replacement and independence of India. The ban on 59 Chinese applications can be regarded as a”digital air strike.” These Q-style spiritual victory methods are understandable, but they don’t necessarily have to be believed. As for some Indian companies that have raised large amounts of money from China, in order to protect themselves, they have expressed their support for government decision-making. For the sake of political correctness, politicians have introduced some obstruction measures to form a boost, but we believe that the development of the situation can be seen Controllable and solvable.

2) The Modi government is a poor head, and the big country has a hard-to-read experience.

Due to the national confinement of the new crown epidemic, according to some estimates, losing three months of income will plunge nearly half of India’s population into poverty. Controlling the spread of the epidemic will consume national resources. With the government’s tax revenues greatly reduced, India’s relatively stable debt to GDP ratio may soar to 90%.
In his speech, Modi compared India with the United States, Britain and the European Union for no reason. Modi specifically pointed out that as a country with a population of 130 million and the majority of the poor, India’s “free rationing plan” is 2.5 times the size of the United States, 12 times that of the United Kingdom, and 2 times the entire EU.

“When will this year pass?” Indian Prime Minister Modi did not mention the issue of the Sino-Indian conflict in his national speech on Tuesday, reminding the public to sigh the impact of the new crown epidemic on people’s livelihood.”Just six or seven months ago, we caused the disaster of the new crown virus. Little is known, and no one expected that the anti-epidemic would last so long!”
Modi used the term “muft” (free of charge) in Hindi many times to emphasize that the public distribution plan benefits were extended to November. In the process of fighting the coronavirus, more than 80 million Indians received 5 kg of wheat or rice Free distribution, each family also received 1 kg of bananas. The income of each poor may be insignificant, but the governance of a big country is extremely difficult. As a family member, of course Modi knew that if he could not kill, he would improve people’s livelihood.

3) Boycotting China seems very”patriotic”, but it cannot improve people’s livelihood

Asymmetry of power between China and India, the economic gap is obvious, China’s economy is about five times the size of India; although India only accounts for 3%of China’s exports, but China (excluding Hong Kong) accounted for 14%of India’s imports, 5%of exports; From semiconductors and active pharmaceutical ingredients to the telecommunications industry, India still relies on Chinese products in several key and strategically sensitive industries.
More importantly, China not only brings huge capital investment to India, but also brings rich experience in large market operations. China’s capital has contributed greatly to the rise of many Indian unicorn companies.
When the economy is sluggish and the new crown epidemic is rampant, it is unwise to focus on strengthening military power. At this time, it is unwise to call for a boycott of Chinese imports. Sanctions and boycotts must have strong moral reasons before they can be justified.

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