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Effect of Chinese Dumping in Indian Markets

In: Business and Management

Submitted By prankie38
Words 3110
Pages 13
------------------------------------------------- As a wide range of cheap Chinese products flooded the Indian market, some local industries were adversely affected, while others benefitted by using these products as raw materials. Discuss the advantages and disadvantages of allowing Chinese products into India. Providing trade data, give examples of industries that benefit and those that are affected by Chinese imports. How can the Indian industries that are threatened by cheap Chinese imports deal with the threat?
Introduction
It is never less than a challenge to attempt to understand the cultural factors which influence a nation’s conduct in the international arena. When that nation is China and the subject of introspection is its relations with India, such an endeavour can at best be fraught with far too many variables. The two have had the longest uninterrupted existence as nations. Their combined size and population makes them the largest geographical and human resource mass on the planet. India and China have had cultural, religious and trade links going back centuries in history. They also came into being as nation states almost simultaneously in this century, They also share a past of colonial and imperialist subjugation from which freedom had to be won with a major struggle, Paradoxically enough, the two countries fought a war with each other over disputed frontiers. That conflict episode, the continuing border dispute between the two countries and China’s rapid growth in military power, not unsurprisingly create anxieties about the future relationship. China’s aggressive foreign policy postures also do not encourage a benign view of it. There are enough strategic thinkers in India who reckon China to be the major future threat to India. In my presentation, I am going to focus on the trade aspect of this threat to India from the Chinese products that…...

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