According to the Global Times, China's Ministry of Commerce decided to continue to impose anti-dumping duties on imported o-chloro-p-nitroaniline originating in India for a period of five years, as a response to India's "frenzied" implementation of ** relief measures against China. This is one of the few "shots" made by China in recent years, and it shows its counter-attitude towards India's frequent anti-dumping investigations.
Since the second half of September last year, India has launched more than a dozen anti-dumping investigations against Chinese products, which have aroused concern on the Chinese side. After nearly a year of investigation, China's Ministry of Commerce announced that it will continue to impose anti-dumping duties on imports of o-chloro-p-nitroaniline originating in India for a period of five years, starting on February 13, 2024.
Previously, the Ministry of Commerce has imposed a five-year tax rate of 31. on the product from February 12, 20184% to 49Anti-dumping duty of 9%.
According to the analysis, after the end of the implementation period of anti-dumping measures, if the suspension of taxation is determined without review, it may lead to the continuation or recurrence of dumping and injury, thereby prolonging the anti-dumping measures. India is the country that has initiated the most anti-dumping investigations against China, accounting for more than half of them in the past decade. The anti-dumping investigations initiated by China against India are mainly focused on the chemical sector.
One of the main reasons why India frequently initiates anti-dumping investigations against China is that it hopes to reduce its ** deficit with China in this way.
Due to the high quality and low price of Chinese products in the international market, it is difficult for India to substitute, and even in the face of anti-dumping measures, Chinese products may still perform well in the Indian market. A survey in December showed that despite a change in Indians' willingness to buy Chinese products due to anti-China sentiment, 55 percent said they had ever bought "Made in China" products, reflecting the continued high dependence of Chinese goods on the Indian market.
In addition to anti-dumping investigations, India has also often taken unfair measures against some Chinese companies operating in its territory, including censorship and fines.
China's spokesperson Mao Ning stressed that China hopes that India will provide a fair, just, transparent and non-discriminatory business environment, and fully understand the mutually beneficial and win-win nature of China-India economic and trade cooperation. Mao Ning also demonstrated the resilience and potential of China-India bilateral cooperation through a series of data, and called on India to provide a good environment for Chinese enterprises to invest in India and promote the relationship between the two countries to return to the right track. Although there are disputes between China and India in some areas, there is still great potential for economic and trade cooperation between the two sides, which provides an opportunity for common development between the two sides.
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