Project Sword
The United States has been ruthless enough to suppress China, but in fact, from a certain point of view, India has worked harder than the United States to suppress China.
However, by doing so, Modi's "Make in India" has dealt a blow to his heart.
According to a new statistic from China, in 2023, India became the country with the largest number of relief investigations against China, reaching 22. The United States and the European Union ranked with 12 and 9 respectively.
In the second and third place, the data "lags behind" India a lot.
In contrast, China launched only one relief investigation in 2023. Who is more rational and restrained, it goes without saying.
India's protectionism is more serious than that of the United States, and the so-called "relief" means that when the country is carrying out foreign affairs, if the interests of its domestic industry are harmed because of a large number of imports, or if it is treated unfairly in foreign countries, then the country can adopt anti-dumping and anti-subsidy investigations externally, and adopt policies to support and protect its own industries internally.
The original intention of "relief" is to prevent the surge in imports and discrimination, and to ensure the country's industrial interests. However, at the practical level, the concept of "* remedy" is often abused and becomes a means for some countries to carry out ** protectionist acts, and the final result is often manifested as ** friction between countries.
And in the ** friction created by individual countries such as India and the United States, China has suffered deeply. These countries will not only launch anti-dumping and anti-subsidy investigations against China, but also impose punitive tariffs on Chinese products. Among them, India launched nine anti-dumping investigations against China in September 2023 alone, and the density is shocking.
Combined with India's 22 ** relief surveys against China in 2023, we can find that India likes to attack China's chemical raw materials and related products, metal and non-metallic industrial products industries the most. Its wide range of implications means that Chinese goods in related industries will be subject to restrictions such as Indian tariffs, making it more difficult to enter the Indian market.
Driven by the dream of great power, Modi sees China as an imaginary enemy of "Made in India" India for three main reasons:
First of all, India wants to keep Chinese goods out of the country by carrying out so-called anti-dumping and anti-subsidy investigations against China, so as to reduce China's imports and reduce the deficit between India and China.
In India's view, the deficit means that there is no equality and imbalance between itself and China, and it sells fewer goods to China and more goods that China sells to itself, that is, China makes money and loses money. Therefore, India wants to unilaterally say "no" to Chinese goods with the help of "** relief".
Second, India wants to "protect" its own industry by restricting Chinese imports. In India's view, if the country is flooded with a large number of high-quality and low-cost Chinese goods, then it will be difficult for the domestic industry to get ahead. Therefore, in order to allow its own related products to occupy more markets, India rejects more Chinese goods.
Now, India has become the country that has been most enthusiastic about launching a relief investigation against China in more than 20 years, and some of the measures taken against China have been going on for decades.
In addition, India's ** relief investigation against China is a reflection of the geopolitical confrontation mentality. After India provoked the Galwan Valley conflict, Sino-Indian relations took a sharp turn for the worse, and India projected this confrontational mentality into its economic policy towards China, constantly suppressing Chinese companies, and forcibly interfering with the normal conditions of both China and India.
Moreover, driven by the idea that India regards China as a mountain that its "great power dream" must climb, India will not stop suppressing China.
It is foreseeable that as long as there is a huge deficit between India and China, and India's manufacturing industry has not risen, India will continue to implement unfair and improper policies against China.
But is India's ** relief investigation against China really useful?
Chinese products are loved by many Indians, and the answer is that it is useless, and the "Make in India" initiative will be hit.
On the one hand, India has been deliberately restricting Chinese goods for many years, but it has proved that India's methods have not worked, but have widened the ** deficit. In 2021, the amount of China and India exceeded 100 billion US dollars, in 2022, this figure became 118.5 billion US dollars, and in 2023, the amount of China and India exceeded 130 billion US dollars, of which India's imports to China exceeded 100 billion US dollars.
India should reflect on what is causing this, rather than raising the pot and unilaterally restricting China.
On the other hand, China occupies an important position in the global industrial chain, and Chinese goods are very competitive in terms of quality and quality. It can be seen from the huge amount of money between China and India that the Indian market is very keen on Chinese goods, which can also reflect India's dependence on Chinese manufactured goods. India's forced "decoupling" from China may not be so easy to achieve.
Moreover, India will lose more than it gains, after all, products from China can help "Make in India" and reduce the production costs of Indian companies. The exclusion of Chinese companies and products is not conducive to the realization of the "Make in India" initiative.
In general, India's adoption of unjustified "remedies" against China is a manifestation of its narrow-minded protectionism. Doing so is not good for improving the Indian industrial chain. India has to start from scratch and slowly build a manufacturing system, and restricting China will not help.