sathya
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Having better relations is always encouraged trade however must always be regulated... by the govt in such a manner that it benefits the country rather destroying the economy by doing free trade.
And we are already doing trade, aren't we ?
Cheap, mass-produced Chinese products including fabric, toys and watches have taken up a major market share in Pakistan.
Thriving imports from China are ballooning country’s trade deficit as imports are rising and exports are falling. “All the above mentioned items are arriving through legal channels,” he claimed.
He said the rising market share of Chinese goods is a threat to small- and medium-sized manufacturers. Big manufacturers are surviving as they export, he added.
https://www.dawn.com/news/1341555
Pakistan has proposed unprecedented concessions on Chinese imports in the second leg of the China-Pakistan Free Trade Agreement (CPFTA), a move many say will cause immense damage to local industries....................
..................................The Federal Board of Revenue (FBR), he said, had opposed the revised FTA with China, making the case that Pakistan does not have a surplus that could substantially increase the country’s export performance by exploiting a reciprocal incentive regime from China. Local business leaders have issued a stern warning that the step would have a debilitating impact on Pakistan’s manufacturing sector...............
..............................He said Pakistan’s industries require protection so “those products which are manufactured in the country should be placed in the negative list to provide an enabling environment to the local investors and manufacturers.”
http://www.atimes.com/article/pakistans-duty-concessions-china-threaten-local-industry/
@Desert Fox @Nilgiri
India is also affected by Chinese products ..
Bigger companies are buy Chinese parts to assemble in their products for cost cutting Andy increase profit margin..
Atleast if the product quality is better , I would have no issues.
What s happening is low cost low quality products are thriving putting pressure on genuine quality products .
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With regards to Imran , he will be facing even more multifaceted challenges ..
Economic situation
Terrorism
Military interference
Opposition parties
Coalition support .
These were the things I presume he will have to face in addition all that faced by Modi in my side.
If he is nice gentleman without stronger resolve and action , nothing will change but himself.
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