1/
MODI IS CLUELESS ABOUT DEALING WITH CHINA. A SWEDISH PROF ANALYSES.
The Modi government has been trying to take some token retaliatory measures by banning Chinese apps. In July, it had
2/ banned 59 Chinese apps including TikTok and WeChat, last week another 118 mobile applications, including a popular game PUBG.
However, this trade standoff is something for the Modi government to please the nationalist crowd at home than making any meaningful impact on
3/ China.
China’s economy has grown to 6-7 times more than India. Moreover, India has asymmetric trade relations with China, with a trade deficit of $48 billion and also importing mostly intermediate and finished products.
Indian economy’s dependence on China can’t be
4/ adjusted by publicity stunts as it needs long-term comprehensive policy changes at home. Modi’s retaliatory moves on the economic front create more challenges for the Indian economy than they do to China.
China’s continuous aggressive posture has made Narendra Modi clueless
5/ about India’s necessary and adequate response. He seems to have been caught completely off guard by Xi Jinping’s power moves.
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