Tuesday , October 19 2021

India should not appease China, exclude all Chinese companies

It has entered Galvan in Ladakh for 3-4 kilometers. Many people in India think that this incident happened due to some small misunderstanding on the border between the two countries, but it is not so. This phenomenon is part of a much larger imperialist design of the Chinese people, which I want to explain through this article.

Nazi German-imperialism was a real threat to the world in the 1930s and 1940s, not British or French imperialism. This was because German imperialism was growing and expanding, and so it was aggressive imperialism, whereas British and French imperialism were only defensive. Where the British and French only wanted to occupy their colonies, the Nazis wanted to conquer and enslave other countries like the starving wolf. The Nazis were therefore a real threat to the world. Similarly, today the threat to the world is not China but China, because China is on the path of aggressive expansion in the world. China with its huge industry is increasing market demand for its goods, and its giant 3. 2 trillion dollars is looking for new ways of profitable investment with foreign exchange reserve. The Chinese are aggressive imperialists today, and the biggest threat to the world. It is true that China, like Nazi Germany, is not expanding militarily at present, but as a hungry wolf it is aggressively expanding the economy of many countries of the world by penetrating it, reducing it.

Chinese foreign investment has skyrocketed in the last decade. Today the Chinese are almost everywhere, including Asia, Africa, Latin America, and of course the United States and Europe. Their Belt and Road Initiative is a network of roads, railways, oil pipelines, power grids, ports and other infrastructure projects that connect China with the world. It aims to improve infrastructure projects and connectivity between China and the rest of Eurasia so that it can dominate these countries. China’s focus has often been on key infrastructure such as ports such as Gwadar in Pakistan, Piraeus in Greece and Hambantota in Sri Lanka, aiming to gain a strategic foothold in these countries.

By selling goods at half the price at which American or European manufacturers can sell goods (given their high labor costs), the Chinese have destroyed many American and European industries. Now in underdeveloped countries, markets and raw materials are occupied by dumping goods at very low prices to make the local product noncompetitive. For example, Pakistan is replete with cheap Chinese goods.

When capturing foreign markets, the Chinese guard themselves carefully by high tariffs. President Trump should give credit for this fact that he put forward this bluff of Chinese and clearly told China that it will not work. There cannot be a 25% tariff on the import of automobiles in China when only 2.5% tariff applies for the import of cars in the USA. Trump has imposed tariffs on several Chinese goods and announced more in the future. To this end, China announced retaliatory tariffs, but it would do little harm to Americans.

It is well known that Chinese have no business ethics, and that is why many American and European companies are reluctant to hire Chinese from the mainland because they often spy industrial secrets.

 

Now I would like to mention China’s economic relations with India.

As everyone knows, India was a British colony until 1947, and the British policy was to keep India away from industrialization. However, after independence, there was some degree of industrialization in India and we started producing those things which we had to import first.

Now to some extent the Chinese have entered our home market and made their way. An article titled ‘How Chinese companies are beating India in its own backyard’ published on 12.12.2017 in The Economic Times gives some interesting details.

Indo-Chinese trade is heavily in favor of China. Indian exports to China amount to $ 16 billion, mainly of raw materials. But India’s imports from China amount to $ 68 billion, which consists mainly of value-added goods such as mobile phones, plastics, electrical goods, machinery and parts used to make these things. This is the typical relationship between a colonial and imperialist country.

Chinese companies use aggressive pricing, state subsidies, protectionist policies, and cheap financing. In some regions, Chinese companies dominate the Indian market. In the telecommunications sector, 51% is occupied by the Chinese. There is a glut of Chinese goods in Indian homes. Fittings, Lampshades, Tubelight etc.

Finally, I appeal to the Government of India and others to seriously consider whatever I have said and start opposing Chinese imperialism. Ignoring this danger would be like behaving like an ostrich, like Neville Chamberlain who kept thinking that there was no danger from Hitler but by the time he realized it was too late. Apart from opposing aggressive Chinese moves on the border, the Indian government should expel all Chinese companies from India and ban the entry of Chinese goods into the Indian market.

The Indian government should not appease the Chinese the way Neville Chamberlain did for Hitler, but should face them courageously like Churchill. Appeasement only increases the appetite of the attacker.

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