We talk of huge more than $50 billion annual trade deficit with China
But what are we doing about it?
Example – Chinese mobile manufacturers like Oppo, Vivo, OnePlus, Xiaomi have captured the Indian market
Above articles prove how protection and incentives given to Maruti led it to become a market leader in India
China is doing the same thing in its economy : Didi Chuxing has destroyed Uber, WeChat destroyed WhatsApp, Alibaba toppled Amazon, Baidu did Google, Tencent killed Facebook
What is Ravi Shankar Prasad doing?
Why not get back at China on this issue?
Get these companies to manufacture in India or put heavy anti-dumping duties on their imports, like we did with Chinese steel companies