Footnote 21 (Indo-China trade)

Why India does not cancel trade deals with China that runs into lakhs of crores?

You cannot get answer to this question from government's blind devotees with closed mind, who orchestrate mugged up maxims issued by IT cell and IT cell has not been able to work out a clear guide line as yet. Statue of unity cost Rs. 3000 crore to Indian exchequer. Tender accepted for the construction of few Kms tunnel for Rapid Rail, would cost it 126 crore if granted. The trade between India and China is around Rs 6 lakhs crores in which India's import is 80%, while its export is around 20% of it. Reason for disparity lies in the difference of the character of capital;ism in 2 countries. Indian capitalism is mostly crony capitalism dealing in financial matters and government contracts. Most of the medicinal raw materials and electrical and electronic goods are imported from China at cheaper rates. Some (very little) of it locally produced by national-multinational companies would cost almost double and their import from Europe or US would cost almost 10 times. China produces utilities, we produce superstitions, castism, communalism and jingoism. Writing this would invite the adjectives of Chinese agent from the blind devotees.