INDIA - CHINA: A CALIBRATED ECONOMIC POLICY RESPONSE NEEDED
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INDIA - CHINA: A CALIBRATED ECONOMIC POLICY RESPONSE NEEDED
Economists emphasise the dangers of a total import ban. There is a need to draw a clear line between goods that can be banned and the ones that can't be. Banning Chinese machinery or intermediate goods, for example, will hurt the Indian economy deeply. India needs to differentiate between low value and high value imports. In the long run, only a strong economy will counter China best.
Situation assessment as on 13 July (1,445 words)
Price: Rs 800
Date of SS: 13, July, 2020
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