China

The tense relations due to border standoff between China and India led to a campaign by Indian traders to boycott Chinese products and Indian authorities mulling higher trade barriers. In terms of global value chains, India is looking to create its own industrial base and alternate global value chain, introducing many preferential policies, economic stimulus and incentives for Indian industry. Additionally, some Indian industrial sectors which rely on supplies from China are now looking to create alternate and reliable supply chains. China has been a top trading partner of India for years, while China's exports to India have accounted for about 2 percent of its total exports. India can take confidence East Asian countries who have developed highly integrated industrial chains. India...

Swirling reports about human rights abuses in Xinjiang are now beginning to hurt China's export-led economy, with Swedish clothing icon H&M deciding not to buy raw materials from the region's farms and factories suspected of using "forced labour". The fashion house said on Tuesday that it would no longer source cotton from Xinjiang-China's largest growing area of the cash crop. It also clarified that it did not work with any garment factory in the region. H&M said it had conducted "an inquiry at all the garment manufacturing factories we work with in China aiming to ensure that they are not employing workers ... through what is reported on as labour transfer programmes or employment schemes where forced labour is an increased risk." By de-linking from restive Xinjiang, where...