Biz EOD: Will breaking China ties hurt India Inc; PM dismisses lockdown rumours; CAIT lists Chinese items to boycott
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- Jun 18, 2020,
- Updated Jun 18, 2020 12:29 AM IST
In light of the recent clash between India and China, trade relations between the two Asian giants are poised for a rough ride. Dismissing rumours of lockdown reimposition, Prime Minister Narendra Modi said that there is a need to fight "rumours of lockdown." Amid escalating border tensions with China, traders' body CAIT has released a list of more than 500 Chinese products to be boycotted. Read for more top stories from the world of business and economy:
"We have raised some very important issues with the government today including cancellation of Delhi-Meerut RRTS project. It should be given to an Indian company instead of the Chinese firm," CAIT Secretary General Praveen Khandelwal said.
In light of the recent clash between India and China, trade relations between the two Asian giants are poised for a rough ride. Dismissing rumours of lockdown reimposition, Prime Minister Narendra Modi said that there is a need to fight "rumours of lockdown." Amid escalating border tensions with China, traders' body CAIT has released a list of more than 500 Chinese products to be boycotted. Read for more top stories from the world of business and economy:
"We have raised some very important issues with the government today including cancellation of Delhi-Meerut RRTS project. It should be given to an Indian company instead of the Chinese firm," CAIT Secretary General Praveen Khandelwal said.