🧵 1. Traders' body CAIT urges boycott of Chinese goods this festive season to cost China Rs 1 lakh crore in lost trade. #world
🧵 1. Traders' body CAIT urges boycott of Chinese goods this festive season to cost China Rs 1 lakh crore in lost trade. #world
🧵 2. Confed of All India Traders says last year China lost Rs 75cr in festive business. CAIT launches campaign on Sept 1st.
🧵 3. Survey by CAIT shows no orders of Diwali goods or firecrackers from China. Traders have enough Indian stock for festivities.
🧵 4. Chinese goods like FMCG, consumer durables, toys, electronics, and more have been replaced by Indian goods, says CAIT.
🧵 5. Despite calls to boycott, imports of Chinese goods increased this year. CAIT aims to make a dent in China's festive season trade.
🧵 Read more at: https://www.financialexpress.com/industry/sme/chinese-goods-boycott-to-cost-china-rs-1-lakh-crore-this-festive-season-cait/3212500/