According to information released by the China Trade Relief Information Network managed by the Trade Relief Investigation Bureau of the Ministry of Commerce as of the 9th, in just 10 days in late September, India launched 13 anti-dumping investigations against China in one go. Although India has always been the country that implements the most anti-dumping measures against China, it is rare in history to launch such intensive anti-dumping investigations against China in a short period of time.
India launches intensive anti-dumping investigations against China
On September 29, the Ministry of Commerce and Industry of India issued an announcement stating that in response to an application submitted by Indian Chinese company Covestro (India) Pvt Ltd., an anti-dumping investigation was launched against Thermoplastic Polyurethane (TPU) originating in or imported from China. nbsp;
According to relevant information, from September 20 to September 30, in just 10 days, India has intensively decided to initiate 13 anti-dumping investigations against related Chinese products, involving PVC paste resins, thermoplastic polyurethane (TPU) and other plasticizing raw materials, plastic nails, EVA plastic sheets for solar cell modules and other plastic products.
Huo Jianguo, vice president of the China World Trade Organization Research Association, said that when a country believes that products imported from other countries are lower than their market prices and cause damage to relevant industries, it can initiate anti-dumping investigations and take measures such as imposing punitive tariffs. Protect related industries in the country. However, in practice, anti-dumping measures are sometimes abused, essentially becoming a manifestation of trade protectionism.
After inquiry, from 1995 to 2023, a total of 1614 anti-dumping cases were imposed against China around the world. Among them, the top three complaining countries/regions were India with 298 cases, the United States with 189 cases, and the European Union with 155 cases.
On August 30, the China Council for the Promotion of International Trade released the Global Economic and Trade Friction Index for the first half of 2023, showing that India, the United States and Canada were the main initiators of China-related trade remedy measures in the first half of 2023, and they have achieved the transition from traditional labor-intensive industries to advanced technology. Full coverage of the field. In the anti-dumping investigation initiated by India against China, the top three industries were the chemical raw materials and products industry, the pharmaceutical industry and the non-metallic products industry. Source: Chemical 707