Re: Tit for tat fail?
The Chinese worship one thing - cold hard cash.
They aren’t always smart - their worldview often predisposes them to make stupid mistakes . Like you don’t piss off the guy you have a $50 billion surplus with. Particularly when the other side exports intermediates to you, If he blocks your exports its benefits him. If you block his exports that also benefits his efforts to replace what you’re exporting to him.
So far the Indian government has avoid saying anything while enacting sweeping bans on everything Chinese. Imports mostly blocked. Apps already stopped working. Huawei/ZTE banned, and more. The Chinese are in the ‘let’s not overreact’ mode and India has no interest in listening . Their misadventures gonna cost them billions and it’s a long way from the final cost.