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India imposes anti-dumping duties on 93 Chinese products and 40 investigations are under way
Category: Industry news
Date: 2017-08-10
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Author: 佚名
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Recently, a number of Indian media reported that Indian Minister of Commerce and Industry Nirmala Sitharaman stated that since August 9th, the Indian government has imposed anti-dumping duties on 93 p...

Recently, a number of Indian media reported that Indian Minister of Commerce and Industry Nirmala Sitharaman stated that since August 9th, the Indian government has imposed anti-dumping duties on 93 products imported from China, including chemical products and petrochemicals. Products, steel and other metal products, fiber and yarn products, machinery parts, rubber and plastic products, electric and electronic products, consumer goods, etc.

Hita Raman made the above statement in a written response to the Indian House of Lords (Rajya Sabha) on August 9. She also stated that the anti-dumping and joint taxation council (DGAD) under the Indian Ministry of Commerce and Industry has also launched 40 anti-dumping investigations on Chinese imports. India’s Minister of Commerce and Industry’s own official Twitter account also forwarded the report of India’s “Economic Times” on the matter.

On August 2, when Hita Raman attended the BRICS Trade Ministers Summit in Shanghai, he met with Chinese Minister of Commerce Zhong Shan. According to a statement issued by the Indian Consulate General in Shanghai, Hitalaman asked Zhong Shan "to seek assistance to reduce the trade deficit between the two countries, facilitate market access, and provide a fair competitive environment for India's IT, pharmaceutical and agricultural products."

According to India’s “Economic Times,” India’s imports from China amounted to USD 61.28 billion in the 2016-2017 fiscal year, which was slightly lower than USD 61.7 billion in the previous fiscal year. From 2015 to 2016, India’s trade deficit with China increased to US$52.6 billion, bilateral trade volume dropped from 72.3 billion US dollars to 70.7 billion.

In July this year, the spokesman of the Ministry of Commerce of the People's Republic of China stated at a regular press conference that in the first half of 2017, India accounted for 12 of the 37 trade remedy investigations initiated by the world against China, exceeding 11 in the United States. It became the country with the largest number of trade remedy investigations initiated against China.

The latest time, the Ministry of Commerce and Industry of India issued the final ruling on anti-dumping investigation of inflatable radial tires on August 1 and ruled that there was dumping of imported pneumatic radial tires and caused damage to the Indian industry. It is recommended that the aforementioned products be levied at US$245.35/tonne to 452.33. USD/t anti-dumping duty.

On July 28, the Ministry of Commerce and Industry of India announced the final ruling on the anti-dumping investigation of wind turbine generator castings and ruled that dumping of wind turbine generator castings imported from China would cause damage to the domestic industry in India. It is proposed that anti-dumping duties be levied on these products, and the tax rate is 6.27% - 35.92%.

On July 21, the Ministry of Commerce and Industry of India issued an announcement to initiate anti-dumping investigations on photovoltaic cells and components imported from mainland China, China Taiwan region and Malaysia. Wang Hejun, director of the Trade Relief and Investigation Bureau of the Chinese Ministry of Commerce, expressed that he hoped that India would look at the overall development of the photovoltaic industry in India and the world. He took a cautious attitude toward the case and strictly followed the regulations to investigate and avoid abuse of trade remedy measures.

India mainly imports telecommunications equipment, computer hardware, electronic components, and chemical raw materials from China. India's exports to China are mainly ore, raw materials, steel, plastics and cotton.



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