Business Today (Digital)

Business Today (Digital)

1 Issue, 22-Aug-21

China’s Giant Shadow

THE SEVERELY STRAINED TIES BETWEEN THE TWO GOVERNMENTS AND A MASSIVE BACKLASH AGAINST GOODS MADE IN CHINA NOTWITHSTANDING, THE DRAGON REMAINS INDIA’S BIGGEST TRADE PARTNER. THE ELEPHANT MAY FIND IT DIFFICULT TO DISENTANGLE ITSELF FROM THE DRAGON
China’s Giant Shadow
ess than three days after a deadly clash between Indian and Chinese forces at Galwan Valley in the East Ladakh region led to the death of 20 Indian soldiers on June 15 last year, a video of a group of men in Coimbatore shouting anti-China slogans and smashing their smartphones went viral on social media. The same day, another group, this time in Surat, was seen doing the same to a TV set. The Galwan clash was the deadliest between the two Asian giants in over 45 years and further strained the already fragile relations. Besides the military standoff, China’s role in the spread of the coronavirus pandemic and the economic distress that it has brought with it globally resulted in a significant backlash among the business community and consumers across…
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Business Today (Digital) - 1 Issue, 22-Aug-21

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