China on Friday reacted guardedly to calls for a boycott of Chinese products and investments in India following the brutal attack on Indian soldiers at the Galwan Valley, saying it values its relations with New Delhi and both countries are in talks to ease the situation.
The boycott calls and the growing anti-India sentiment is causing a sense of disquiet in China especially among its telecom companies like Huawei, Xiaomi and Oppo etc which made a big dent in the Indian market, the second-largest in the world after China in mobile phones.
China is the biggest beneficiary of the bilateral trade with India, with about USD 60 billion balance of trade in its favour in about USD 92.68 total trade in 2019. Read More…
