India imposes anti-dumping duties on 93 products including rubber and plastic products in China

[ Jizhi Plastics News] Recently, a number of Indian media reported that Indian business and industry minister Nirmala Sitharaman said that the Indian government has imposed anti-dumping duties on 93 products imported from China since August 9. These include chemicals and petrochemicals, steel and other metal products, fiber and yarn products, mechanical parts, rubber and plastic products , electric and electronic products, consumer goods, and more.

Hitaraman made the above statement in a written inquiry to the Indian House of Lords (Rajya Sabha) on August 9. She also said that the Anti-Dumping and Joint Tax Council (DGAD) under the Ministry of Commerce and Industry of India has also initiated 40 anti-dumping investigations on Chinese imports. The Indian Ministry of Commerce and Industry’s own Twitter account also forwarded the report of the Economic Times of India.

On August 2, Hitarahman met with Chinese Minister of Commerce Zhong Shan when he attended the BRICS Trade Ministers Summit in Shanghai. According to a statement issued by the Indian Consulate in Shanghai, Hitaraman “seek assistance to Zhongshan to reduce the trade deficit between the two countries, promote market access facilitation, and provide a level playing field for India's IT, pharmaceuticals and agricultural products.”

According to India’s “Economic Times”, India’s imports from China in the 2016-2017 fiscal year were US$61.28 billion, a slight decrease from the previous fiscal year’s US$61.7 billion. From 2015 to 2016, India’s trade deficit with China increased to At 52.6 billion U.S. dollars, bilateral trade volume fell from 72.3 billion U.S. dollars to 70.7 billion U.S. dollars.

In July this year, China’s Ministry of Commerce spokesperson’s spokesperson said at a regular press conference that in the first half of 2017, India accounted for 12 of the 37 trade remedy investigations initiated against China, more than 11 from the United States. , became the country with the largest number of trade remedy investigations against China.

The most recent time was that the Ministry of Commerce and Industry of India issued the final ruling on the anti-dumping investigation of inflatable radial tires on August 1. It ruled that dumping of pneumatic radial tires imported from China was dumped and caused damage to the Indian domestic industry. It is recommended to impose USD 245.35/ton to 452.33 for the above products. Anti-dumping duties in USD/ton.

On July 28, the Ministry of Commerce and Industry of India released the final ruling on the anti-dumping investigation of wind turbine castings, and ruled that the wind turbine castings imported from China were dumped and caused damage to the Indian domestic industry. It is recommended to impose anti-dumping duties on the above products at a tax rate of 6.27%. 35.92%.

On July 21, the Ministry of Commerce and Industry of India issued an announcement to launch anti-dumping investigations on photovoltaic cells and components imported from China, Taiwan and Malaysia. Wang Hejun, director of the Trade Relief and Investigation Bureau of the Ministry of Commerce of the People's Republic of China, expressed his hope that the Indian side will focus on the overall development of the photovoltaic industry in India and the world. The case will be cautious and conduct investigations in strict accordance with regulations to avoid abuse of trade remedy measures. India mainly imports telecommunications equipment, computer hardware, electronic components, chemical and pharmaceutical raw materials from China. India's exports to China are mainly ore, raw materials, steel, plastics and cotton.