New Delhi, (Aryavarth): It may not be incorrect to say that, the money that originates from China is dirty, laced with human right abuses, illegal subsidies and corruption. In a nutshell, Chinese money is dirty money, as deadly as the Wuhan coronavirus, that will slowly kill the economies that use them.
Remember, China has the world record for human right abuses and still runs its model of concentration camps for Uyghurs in Xinjiang Uyghur Autonomous Region (XUAR), where people are jailed and forced to forget their religion. In this backdrop, any company that accepts money from China is supporting human right abuses. Chinese communist party is like the Nazi party of Germany, that did the holocaust and killed millions of innocent Jews.
China has treacherously killed our unarmed soldiers in Galwan, we are at war with them, even if it is undeclared. If the Chinese stooges think that Indians will continue to buy products from China-backed companies, they are mistaken. The Indian consumers have started boycotting products from China or from companies that have taken Chinese money, consumers are breaking their phones, burning their handsets and uploading videos to Twitter to show solidarity with our soldiers.
The Government of India, should declare Chinese Investments in India as enemy property and seize them, we have done the same with Pakistan. Unless China returns Aksai Chin to us, we should close our market to China completely and tell all entrepreneurs that national interest will come first and money second.
The government of India should move to amend the enemy property act and include all Chinese investments as enemy property. The Enemy Property Act, 1968, which is the governing act, defines the term “Enemy” as any country or their residents who performed external Belligerence against India. Basically, the nationals who left their properties in India and, now residing in the Enemy country then, those properties will be considered as an “Enemy Property”. These enemy properties include both movable and immovable property. A Group of Ministers (GoM) headed by Union Home Minister Amit Shah is already monitoring the disposal of over 9,400 enemy properties, which the government estimates are worth about Rs 1 lakh crore.
Startups Have to Ditch China’s Dirty Money
Indian Startups like Big Basket, Ola, Paytm and Zomato have a fair amount of China money in their venture, they have to stand up for our soldiers who were brutally killed by the coward Chinese soldiers in Galwan valley. PM Modi has taken a strong stand and banned 52 plus China apps, now it is the time to throw out China from Indian Startups too. We cannot have china investing in Indian Startups and controlling our entrepreneurs indirectly. Take Paytm as an example. It is the biggest player in India’s digital payment sector, backed by the Ant Financial, a unit of Alibaba’, is now holding a 29.71 per cent share in the Indian firm, making it the largest shareholder. In the last two years, Chinese firms have become more active in India’s startup space. Over 75 companies engaged in sectors ranging from e-commerce and fintech to social media and logistics have taken dirty China money, according to Mumbai-based think-tank Gateway House.
Boycott Companies with China Money
The market is the most significant force, and we as consumers can force, the Indian entrepreneurs to declare a plan, how they will throw Chinese investors out from their company. Mind you the many lay-offs In India have happened in companies, that have Chinese investors on board, this may be a conspiracy by the Chinese government to create unrest in the Indian economy, by using these Startups as a shooting board.
The dragon has circled Indian Startups and even the apartment security management application, MyGate that has very sensitive data of Indians is backed by Tencent from China. As a consumer, you have a choice, You can use purely Indian company or where it is not possible to use an American company. The list is vast, however, by giving a message to these investors, you can force the entrepreneurs to push Chinese investors out.
Only by wallet power, can we teach China lesson, that their three generations will remember and will never enter the Indian Territory.