A short thread to highlight the significance of the Modi government’s ban on AliBaba’s app AliExpress. (It has more than a 100 million downloads on Google Play Store.)

In 2015, Timothy Leung, head of global business development, Alibaba, said: “India is the second most important market for Alibaba globally, next only to China for us.”

Chris Tung, CMO at Alibaba, said in 2019: “India and China are the two major developing markets of the world and there are a lot of things we share...”

He called for an exchange in expertise and experiences between the two nations.

Alibaba launched an online platform to provide our SMEs with financing, logistics, inspections and certifications, technology and SME trade-linked education.

There were over 45 lakh registered users from India on this platform.

It also launched an initiative called SMILE to connect Indian manufacturers with Chinese suppliers.

The above tweets highlight the high importance Alibaba places on the Indian market and what it has done to tap it.

In today’s India that is digitising so fast an app is the fastest and cheapest way to reach consumers. That’s exactly what Alibaba targets through AliExpress. The ban seriously undermines its ability to reach Indian consumers.

The CCP is linked to every major corporation in China with a member on the board of every such company. Simply said, China uses firms as conduits to further its global interests. Many firms have diverted funds from IPOs in Europe toward China’s military development.

India’s consumption story will see a boom in the coming decade. E-commerce will be at its core. Ban on AliExpress will benefit our companies. Profits will STAY in India — and I can’t stress this enough. (China has grown because it prevents Western firms from taking away profits)

Hitting China economically will do much greater damage to the dragon than anything ever will because it has based its 100-year marathon to overtake the US as the only superpower through economic means.

Kudos @narendramodi ji