China having failed in its strategies to strategically downsize India for decades by devious geopolitical means and military coercion on India's borders with China Occupied Tibet has now desperately embarked on "Economic Warfare" to impede India's 'Power Rise'.
In the years since 2014, with the advent of PM Modi-led BJP Government, India has acquired significant geopolitical weightage. Adding to this is India's stellar 'War Preparedness' achieved since 2014, adding muscle to India's diplomacy and providing PM Modi the strength and will to counter the China-Pakistan Axis.
China's fixated obsession to impede India's rise as a Major Power on the global stage now finds expression in launching an all- out "Economic Warfare encompassing a wide domain of India's economic and trade activities.
The 'Trigger' for China's spurt in 'Economic Warfare" strategies against India, both direct and indirect, arises from two major economic factors. These are (1) India's fast-track economic progress towards emerging as global 'Third Largest Economy", and (2) India's emerging profile as a Global Manufacturing Hub' displacing China.
China's global standings, with pretentions of being a Superpower, are severely dented with India's 'Ascendant Trajectory' on the global stage, taking the power sheen off China.
China's "Economic Warfare" against India has sharpened lately and encompasses (1) Recall of Chinese engineers involved in US/foreign companies projects in India (2) Stringent export restrictions selectively applied to Indian deals (3) Targeting India's needs for special fertilizers for agriculture (4) Restrictions on Indian imports from China of Rare Earths and magnets used in India's automobiles sector and space programs.
The above is only a brief list, and more selective restrictions against India are in the pipeline. China has reacted feverishly against items/entities which are driving Foreign Investors ay from China and relocate to India after initial lure of Vietnam.
The implications for India would be a temporary slowdown in some fields but not a total disruption. India seems to have prepared for this eventuality. Indian industry is already looking for alternative suppliers and the Modi Government is fast-tracking to fill the voids with self-reliant technologies/ supplies.
India also needs to adopt matching retaliatory "Economic Warfare" strategies against China with effect. These should include (1) No Chinese FDI in India and certainly not in electronics sector (2) Blanket ban on all Indian imports from China Imports from China be made selectively for short term (3) No purchase of indigenous defence items which have Chinese components (4) Service Sector not to be open for China and Chinese. No Chinese flights to India (5) Government should prohibit Indian tourists visiting China (6) Plug loopholes of Chinese good entering India through third countries or smuggling along land-borders with Nepal and Bangladesh.
Lastly, in tandem, India's millions-strong Netizens Army should organize a persistent and vocal "BOYCOTT CHINESE GOODS" by all Indians as patriotic duty.