Post
Topic
Board Economics
Re: India-China border tensions
by
Findingnemo
on 26/06/2020, 16:50:07 UTC
The way the two countries are facing each other on the China-India border is creating a tense atmosphere. If the conflict escalates, I think it will have an impact on international trade and cryptocurrency, what do you think?
Mostly it won't become a war situation because India is one of the major importer of Chinese products so they won't lose that mich earnings just for a non usable border.And of the war begins between two countries then this will be resulted into world war 3 because each countries have biggest support on world nations.
In any case it is not good to have tensions with a  neighbor.
What if India decides to stop imports from China?
They are going to destroy their economy portionally but also China's as India is the biggest importer in the region from China.
They can't simply stop importing goods from China as well or it will results in no availability of those goods.Most of the countries are importing lot of goods from China and that is the only place where these products are manufactured even if the company is owned by other country owners.