It is unwise for India to boycott China goods. Why do 90% of mobile phone parts depend on China?

The Indian Express reported on the 27th that almost all fields and industries in India, from pharmaceuticals and telecommunications to automobile manufacturing, began to boycott products imported from China. However, 90% of the components needed to make Indian mobile phones are imported from China.

Recently, due to well-known reasons, many anti-China voices have appeared in India. The Indian Express reported on the 27th that almost all fields and industries in India, from pharmaceuticals and telecommunications to automobile manufacturing, began to boycott products imported from China. For a time, reports and discussions about the impending "trade war" between the two most populous superpowers in the world were rampant.

Many hotels in India "explicitly" forbid China people to stay, and there is even a "strategy" circulating on Indian social media to boycott China products. However, many media agree that it is impossible for India to harm China with a "trade war", but it will hit its own economy.

Among the top five mobile phone brands in Indian sales, four are China companies, accounting for about 66% of the market. According to the report, Indian telecommunications, pharmaceuticals and other fields are more dependent on the import of China products, so that "these industries may not survive" without China enterprises. Officials from the Indian Telecommunication Equipment Manufacturers Association said that 90% of the parts needed to make mobile phones should be imported from China.

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It is difficult for India to retaliate against China through a trade war.

China products are found in almost every aspect of Indian daily life, from grocery stores to online shopping, and even Paytm, a major digital payment platform, has an investment background in China.

At the same time, the International Monetary Fund (IMF) recently released an update of the World Economic Outlook report, predicting that the global economy will decline by 4.9% this year, facing the worst recession since the Great Depression in the 1930s. Among them, the Indian economy will shrink by 4.5%.

Analysts believe that the global economy will face a difficult "climbing" dilemma in the future, and India will not only be spared, but also face more arduous challenges than other countries in the "post-epidemic era". In this context, the idea that India wants to retaliate against China through a "trade war" is no different from a fantasy.

Jiangsu Satellite TV-It is unwise for India to boycott China goods. 90% of mobile phone parts are imported from China.