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The Confederation of All India Traders on Wednesday released a list of more than 500 Chinese products to be boycotted, Business Today reported. The decision came a day after it was revealed that at least 20 Indian soldiers were killed during a violent clash with their Chinese counterparts along the Line of Actual Control.
Products on the boycott list include fast-moving consumer goods, consumer durables, toys, furnishing fabrics, textiles, builder hardware, footwear, apparel and kitchen items. “By calling for the boycott of these Chinese products, the objective is to reduce import of Chinese finished goods by $13 billion or about Rs 1 lakh crore, by December 2021,” the confederation’s Secretary General Praveen Khandelwal told Business Today.
Khandelwal said that the body has raised important matters with the Centre, including projects such as the Delhi-Meerut Regional Rapid Transit System, which is being carried out by a Chinese firm. The confederation also questioned the 1.01% stake of People’s Bank of China in HDFC Bank.
The traders’ body said in a statement that the 500 items that have been selected for boycott do not require advanced technology for manufacture, and can therefore be produced in India.
Khandelwal also requested celebrities not to endorse Chinese products. “CAIT will approach various celebrities like Deepika Padukone, Vicky Kaushal,…
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