There's a ton a things we can do to hurt China on trade, without affecting our industry. See my earlier posts where I spelt out options.somdev wrote:Chinese are hell.bent on OBOR. All they want is to join India. I have failed to understand how does transport linkage undermine India's security or economy? Say if we allow Kunming - Kolkata high-speed train, how does that impact our economy? India needs to rethink it's priorities and craft a path of peace without compromising national interests.
If we stop buying Chinese raw materials Maruti Suzuki, Bajaj, pharma companies, many others will be in serious trouble.
https://www.news18.com/news/auto/maruti ... 70601.html
For e.g. just say that countries whose policies are against our national security, will need prior permission for FDI, will be ineligible for Govt/PSU tenders and will have a 5% security tax on material imported by them.
OBOR is not about allowing some rail project. It is about:
1.Ceding sovereignty over POK
2. Allowing Chinese imports to compete unfairly with our products (which are the trade terms for allies like Pak).
3. Taking high interest loans for unviable projects. (ever wonder what is going to be transported between Kolkata and Kunming, when ports are far more efficient in taking stuff to and from Kunming) Why is every OBOR rail project, I am aware of, in Asia, unviable ?
4. Replacing our labour with Chinese.
5. Shutting out all other sources of supply including our own manufacturing.
All of the above is what has happened in Pakistan, as per their own audit report on flagship OBOR projects.