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China has filed a formal complaint with the World Trade Organization (WTO) against India's key 'Make in India' policies for electric vehicles. But what's the real story? In this video, we cover: ✅ The Complaint: Which Indian programs China is targeting (PLI for Auto, ACC Battery scheme). ✅ The Context: A look at China's own $230 BILLION in EV subsidies that built its global dominance. ✅ The Reality: Why the WTO's non-functional Appellate Body makes this more of a political move. ✅ The Big Picture: India's strategy for 'Atmanirbhar Bharat' to reduce its $99B trade deficit with China and cut oil imports. This isn't just a trade dispute; it's a strategic move in the global EV arms race. We break down why China is doing this now (domestic overcapacity) and what India's likely response will be. 🔔 SUBSCRIBE for more 60-second breakdowns of complex finance and economic news. Indian Economy explained Finance news Economics shorts Geopolitics and economics Equity research UPSC Economics Finance for beginners China WTO complaint India India EV subsidies PLI scheme for auto PLI scheme for ACC battery China vs India trade dispute WTO dispute Electric Vehicles India Make in India Atmanirbhar Bharat BYD #IndianEconomy #WTO #China #EV #PLIScheme #Finance #MakeInIndia