The deluge of imports from China has adversely affected India’s manufacturing sector, particularly micro and small industries. Dumping by China has forced many industrial units to operate at below capacity levels and in some cases to shut down. This has negatively affected local employment. Though the quality of Chinese products is often questionable, their availability at a low price has created a large market for them. Why are Chinese goods more price-competitive than similar Indian goods? Chinese competitiveness is mainly the result of efforts and support of the Chinese government. A large number of companies which dominate exports are government-controlled enterprises. China is not recognized by WTO as a market economy mainly because of the lack of transparency in its trade policy.
MM Sury 'How China dumps its products in India', Times Now












