India, June 20 -- New Delhi should be prepared for short term economic damage.

In the last one week, India and China relations have seen a setback of over 40 years, a setback that is unlikely to be undone by heft diplomacy anytime soon. And once again, cries for boycotting Chinese goods and companies that have flooded Indian markets are getting shrill. Calls that were last heard three years ago at the height of the Doklam stand-off, only to lead to more trade and higher deficit by India since then. Except that this time, the government has taken two decisive steps-cancelled an order by the Railway ministry and sent a directive to State-run telecom PSUs not to do business with Chinese vendors. This author will argue that New Delhi will n...