Explanation:

- Option 1: Angry - This adjective describes an emotional state, implying annoyance or displeasure. It doesn't fit well in the context of market competition.

- Option 2: Powerful - While this adjective highlights strength, it doesn't quite capture the aggressive nature of market competition between Indian and Chinese goods.

- Option 3: Fierce - This word effectively describes intense and aggressive competition, particularly in markets. The competition between Indian and Chinese goods is often tough and aggressive, making "fierce" an appropriate choice.

- Option 4: Bold - This describes someone or something that is confident and courageous. It doesn't capture the competitive aspect as accurately as "fierce" does.