Tuesday 14 February 2017

China launches anti-dumping probe against Indian manufactures

China launches anti-dumping probe against Indian manufactures BEIJING: China today launched anti-dumping and countervailing duties (प्रतिकारी-शुल्क)  investigations against some Indian manufactures for allegedly (कथित तौर पर) exporting a chemical product - widely used in dyes(रंगों)  and pharmaceutical - to the country at an artificially low price. The Chinese Ministry of Commerce
had received requests from domestic producers, who accused Indian manufacturers of dumping Ortho Chloro Para Nitro Aniline, a type of dye intermediate, on the Chinese market and called for an inquiry, the ministry said in a statement.  It said it would investigate whether Indian firms were subsidised by the Indian government and if they had sold the product at an artificially (कृत्रिम रूप से) low price in China, state-run Xinhua news agency reported.
The investigations are expected to conclude before February next year and may in special circumstance(परिस्थिति)  be extended to August, 2018.

Ortho Chloro Para Nitro Aniline is a chemical product widely used in dyes and pharmaceutical. 

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