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Economics & Trade

Indian SMEs call for China trade investigations

India’s Federation of Chambers of Commerce has called for New Delhi to accelerate anti-dumping investigations on imported Chinese goods, the Financial Times reported. The industry body, which represents small- and medium-sized enterprises in India, said that inexpensive Chinese products had damaged the market share of two-thirds of the companies it surveyed due to "typical Chinese predatory pricing." India earlier imposed a ban on the import of Chinese toys over what it said were safety concerns, but that ban was removed after China threatened to raise the issue with the World Trade Organization. China is also facing an anti-dumping investigation against its steel industry, launched by US steelmakers in April. In response to that investigation, China launched its own probe into US steel imports.

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