China's dominance in the market is unshakable, and it has been at the top of the list for five consecutive years, and India has always been one of China's most important partners. However, in recent times, India has launched a series of "attacks" on Chinese enterprises, which has had a huge impact on the normal export of Chinese goods to India. In order to protect its own interests, China has made a rare counter-attack, aimed at bringing India to its senses. The target of this blow is precisely the product that India has monopolized in the Chinese market for five years.
However, to fully understand China's countermeasures, one needs to first understand what India is doing to ChinaAnti-dumpingSurvey. India is conducting against ChinaAnti-dumpingOne of the most surveyed countries, and one of the products under investigation was o-chlorinep-nitroaniline。This substance is not onlyDyesand important intermediates of pigments, and can also be used in the synthesis of pesticide products. However, India has a strong presence in o-chlorinep-nitroanilineProduction capacity, serious overcapacity, can not be fully digested in the domestic market. As a result, India has had to export two-thirds of its production capacity abroad. Due to overcapacity, India continues to dump o-chlorine at very low levelsp-nitroaniline, posing a huge threat to related manufacturers in other countries. In order to protect the local industry,Ministry of Commerce of the People's Republic of ChinaAs early as 2018, the import of o-chlorine from Indiap-nitroanilineLeviedAnti-dumpingtax, which will be implemented for a period of 5 years. The aim of the measure is to encourage consumer companies to look to domestic alternatives rather than cheaper Indian products.
However, five years on, India continues to dump overcapacity o-chlorine into the Chinese marketp-nitroaniline。Clearly, India is not aware of China's policy intentions. Therefore,Ministry of Commerce of the People's Republic of Chinadecided on February 5, 2024, that is, for o-chlorinep-nitroanilineFirst levyAnti-dumpingWhen the tax expires in five years, it will continue to be levied on this material from India for an additional five yearsAnti-dumpingTax. This decision is well thought out and is also intended to protect the development of relevant local enterprises in China. China is very cautious in its use of investigative measures in the international community, and each attack has a clear purpose and target.
In contrast, what India has taken with ChinaAnti-dumpingThe investigation is incomprehensible. From 1995 to 2023, India has launched a total of 336 cases against ChinaAnti-dumpinginvestigations, and in just 10 days in September 2023, 12 cases were launched against Chinese productsAnti-dumpingSurvey. India's behavior towards China is undoubtedly abusing itAnti-dumpingThe measures, ignoring market rules and realities, target large foreign companies, especially Chinese companies. India has also used open media such as newspapers to incite the so-called ** relief, indicating that there is an intention to exclude Chinese products in the mentality and actions of some people.
However, India's recent series of actions have shown its disorderly and immature policy towards China. A lot for Chinese productsAnti-dumpingThe investigation ended with "no tax", but in fact, India filed a case to fool the case, relying on the "principle" of excluding Chinese products, and arbitrarily filed the case without thorough market research at all. However, after investigation, India found that these sanctions cannot be used lightly, and many Indian products once they leave ChinaChain, India really can't play on its own, and it can't be self-sufficient at all. In this case, India can only raise its fist high, but has to put it down gently, which also shows that the strength of India's related industries is insufficient, and no matter how willful Hu Lai is, there will be no good fruit to eat. On the contrary, China implements India-related productsAnti-dumpingTaxes, hit the nail on the head of India.
Although India has long hyped up the boycott of "Made in China" and introduced a series of unreasonable policies towards China, the data shows that the scale of China and India is still expanding. In 2023, India imports about 85% of the total amount from China. This is a clear indication that India's manufacturing sector is not very good, and in many ways it is not self-sufficient and completely dependent on ChinaChain。Therefore, from any point of view, it is almost impossible for India to achieve "economic and trade decoupling" from China.
As the world's only billion-person countries, China and India should use their unique advantages to promote each other's development, rather than trying to "protect local industries" through suppression. GlobalEconomyThe focus should be on bringing world goods to market, while promoting local products to go global. Both China and India have vast consumer markets, and only through mutually beneficial development and giving full play to their respective advantages can they embark on the right path.