India Boycotting Chinese Goods Will Not Hurt China’s Economy: P Chidambaram

P Chidambaram 1
Courtesy: News 18 Hindi

Earlier today, Congress leader provided his comments on the movement of boycotting Chinese goods in the country. He also talked about the all-party meeting which PM Modi had chaired yesterday.

PM’s concluding remarks are contradictory

P Chidambaram said: “At the end of the meeting (all-party meeting), the Prime Minister made his concluding remarks. These remarks have left practically everyone baffled and bewildered. The PM said no outsider was inside Indian territory in Ladakh.” 


Chidambaram said that Modi’s comments contradict with that of the statements by military officials, foreign minister and the defense minister. He also questioned Modi as to where the face-off, which killed 20 Indian soldiers, happened on the border if there was no intrusion.

He further added: “The Chinese claim has been consistent with what they have been claiming for the last few weeks, it is the Indian position as articulated by the Prime Minister that has come as a total shock. That is why we have asked pointed questions, now that China is claiming the entire Galwan valley, do you reject this claim or not.” 

Narendra Modi
Courtesy: Hindustan Times

Chidambaram speaks on the movement of boycotting Chinese goods

P Chidambaram said that the boycotting of Chinese goods will not affect the economy of China, as the trade with India forms only a fraction of China’s economy.


The former Finance Minister said: “We must become self-reliant as much as possible but we can’t decouple with the rest of the world. India must continue to be part of the global supply chain and not boycott Chinese goods. What part of Chinese trade with India is China’s world trade? It’s a fraction.

Source: Livemint