China dumps large-scale optic fibre cables from India, tariff wars expected - News Summed Up

China dumps large-scale optic fibre cables from India, tariff wars expected


China alone has a share of over 84% in its import,” one of the officials said. “Based on complaints by the domestic optic fibre industry, the DGTR had initiated the investigation on Chinese dumping on September 23 last year. A second official said India is very cautious about Chinese unfair trade practices especially after June 15. India has taken a tough position against unfair Chinese trade practices as it is committed to protecting domestic industry under the government’s Make in India campaign, the officials said. Since China is a major supplier for India with huge trade surplus, any action on imports across the board would impact China.


Source: Hindustan Times August 24, 2020 12:10 UTC



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