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But I don't understand why would a deal on the LAC be predicated on the Chinese flooding our markets with their wares ? If we really were so suicidal we'd have signed up on the RCEP.Goras are salty because R&AW is running amok in their own backyard. Nijjars and Pannuns are useful idiots.
Chinkus will strike again, btw - just like @mist_consecutive predicted. And in the mean time, they would absolutely love to flood the Indian market with their cheap subsidized exports (given the amount of stimuli their gormint is pumping in their bid to escape some severe economic crisis, India can be a perfect dumping ground for them).
Rather the Chinese may have consented to the detente in the hope we'd be more open to their goods. I'd say we may even have hinted at granting them access in exchange for a border agreement without getting into specifics.
The Indian side may have as usual refused to have been cornered on this telling the Chinese all such discussions on specifics would succeed not precede a border agreement sticking to our earlier stand best articulated by Jaishankar that the state of our relationship will be determined by the state of affairs on the border.
Will there be concessions ? I would think so which in turn would be linked to the expertise the Chinese would be willing to share in terms of personnel & know how in certain sectors like solar panels , cellphone mfg etc . in lieu of which there would be some trade offs.
Just as whatever trust there existed which arguably wasn't much to begin with disappeared in 2020 with those days never returning why should it be too different as far as trade ties goes ?