New Delhi, April 16 -- As trade tensions between the US and China escalate, the risk of China dumping electronics products in India has increased. Chinese companies are now looking to expand their presence in India by offering discounts to Indian buyers to make up for lost sales in the US.
A recent report by Crisil Ratings acknowledges the risk of China potentially dumping electronics products in India. This means selling goods at prices lower than their cost of production or below the market price in other countries.
"The top Chinese exports to the US, including electronics, machinery and textiles, are particularly vulnerable to dumping and their influx into the Indian market could impact domestic industries," said the report by Crisil...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.