India’s probes into goods from China could be harmful to bilateral trade and cooperation, experts said, after the country launched a new anti-dumping probe into Chinese textile products amid a border stand-off. Domestic news portal cctv.com reported on Tuesday [27 June 2017] that India’s trade remedy authority launched a new anti-dumping probe on Monday against high tenacity yarn, a textile product, from China…Full Article: ECNS.cn June 2017
- In 2016, India initiated 21 anti-dumping probes on imported Chinese goods.
- In February 2013, Chinese yarn importers were reportedly switching from Pakistan to India as their key supplier owing to Pakistani production and delivery delays.
- From 2006 to 2011, Chinese imports or yarn and sewing thread averaged approximately 850,000 MTs per year. In 2008, imports hit a low of 653,651 MTs due in part the global economic slowdown. Imports hit a high of over 1 million MTs in 2010. From 2006 to 2009, the import value averaged roughly US$2,180 per MT, but rose to US$3,825 per MT in 2011. Import values have since tapered off to an average of ~US$3,200 MTs from January to September 2012. Pakistan is China’s largest supplier of yarn and sewing thread, with India acting as a secondary supplier. Other suppliers of note include Vietnam, South Korea, Indonesia and Thailand.
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