Chinese Imports

India’s growing dependence on Chinese imports is a potential security issue

New Delhi is concentrating on the benefits of shared prosperity but there are security concerns with China

JSW Group's Sajjan Jindal raises alarm over rising Chinese steel imports

In 2023-24, India imported 8.3 million tonnes of steel, which exceeded exports of 7.5 million tonnes

Steel, trade ministries in talks over rising Chinese imports, says source

India turned net steel importer in the fiscal year that ended in March and the trend continues with its finished steel imports scaling a five-year high in April and May, according to provisional government data

Pharma, solar PLIs under rethink as dependence on Chinese imports continue: Govt official

With large parts of the supply chain not falling under the schemes, domestic manufacturers face vulnerabilities.

Almost 35% of stainless steel MSMEs in Gujarat shut shop in Q2 FY24 due to Chinese dumping: ISSDA Chief

Cheaper Chinese imports are putting pressure on the margins of domestic stainless steel players, causing the industry to file a petition last year urging the government to impose a countervailing duty on Chinese stainless steel imports.

White House says discussing 'irresponsible' tariffs imposed by Trump

Trump imposed tariffs of up to 25% on hundreds of billions of dollars worth of Chinese imports, including many consumer goods from bicycles to Bluetooth devices and apparel.

Imports from China expected to reach record high in FY22 despite rise in domestic manufacturing

India's imports are set to surpass the FY19 record of $514 billion this fiscal year, driven by the growing inflow of goods from China.

Indian garment industry could suffer due to import ban on Chinese goods: Report

The #BoycottChineseProduct campaign is hurting apparel sector, which is up in arms as orders are being delayed due to hold up of accessories at ports

US duty hike on $200 bn Chinese imports to exacerbate uncertainty in global trade: Moody's

The US Friday increased tariffs on import of USD 200 billion Chinese products from 10 per cent to 25 per cent. US President Donald Trump has said that such a move was necessary to hold the Asian country to previous commitments, while China's Commerce Ministry has warned that Beijing will not "capitulate to any pressure" and has threatened retaliation.

China grain imports plunge in September amid trade war with US, higher prices

Imports of sorghum, largely used in China to feed the country's massive livestock herd, fell 76.9 percent from the same month last year to 90,000 tonnes, according to the data, dragged down by Chinese tariffs on cargoes of the commodity from key supplier the United States.

Donald Trump to propose 25% tariff on $200 billion of Chinese imports: Source

President Donald Trump's administration had initially announced it would seek to impose a tariff of 10 percent on $200 billion of Chinese imports, and raising the level to 25 percent would escalate the dispute over trade between the world's two biggest economies.

US to slap tariffs on extra $200 billion of Chinese imports

The administration released a wide-ranging list of Chinese goods it proposes be hit with tariffs, including hundreds of food products as well as tobacco, coal, chemicals and tires, dog and cat food, and consumer electronics including television components.

Bankers bet on normalcy returning in month, flag sectors in pain

Arun Tiwari, CMD, Union Bank of India said confidence of getting cash whenever needed will return back for people in a month or so. He said RBI is now in a better position to supply currency.

Large number of Indian MSMEs hit by cheap Chinese imports:Govt

A "significant proportion" of Indian MSMEs seem to be adversely affected by select Chinese imports, which grew at a higher rate compared to shipments from rest of the world, Parliament was informed today.

Targeting 50% revenues from exports by year-end: Surana Solar

The government for the past two years have been encouraging the solar industry, said Narender Surana, MD, Surana Solar.

Steelmakers tell EU to get tough on China dumping

The Brussels-based European Steel Association representing all steel production in the European Union, which is the second largest steel producer in the world after China, said the time had come for Europe to act.

Essar Steel Minnesota hires debt restructuring advisers: Sources

The company is in the final stages of building a USD 1.8 billion iron ore pellet plant in northern Minnesota. Its woes underscore the impact that cheap Chinese imports have had on the price of iron ore and US steel manufacturers.

Chinese imports, exports fall more than forecast in January

Indian steel industry 'will die' if govt doesn't help: JSW

In an interview with CNBC-TV18‘s Menaka Doshi, Sajjan Jindal, CMD of JSW Steel said that the minimum import price of steel should be raised to USD 420 per tonne from the current USD 300 in order to protect the domestic industry from Chinese imports.

Britain's steel sector significantly worse: Tata

Tata Steel, which has cut thousands of jobs since it bought Anglo-Dutch producer Corus in 2007, has been working on turning around its struggling operations in Britain.

China economy shows more weakness as imports, exports fall

Imports slumped 17.6 percent year on year to USD 131.26 billion, the General Administration of Customs said in a statement.

Import duty won't impact pricing much: Jindal Stainless

The government has imposed 20 per cent safeguard duty on imports of a certain variety of stainless steel from China to protect domestic players. In an interview to CNBC-TV18, Ramesh Nair, president & ED, Jindal Stainless informed that it is for a provisional period of 200 days on hot-rolled coils of stainless steel and he is happy with it.

High order book buoys BGR in slump waters

BG Raghupathy, CMD, BGR Energy explains to CNBC-TV18 that a high order book as compared to last year has helped the power company navigate the economic slowdown, reduction in PSU orders thanks to coal-allocation and land acquisition problems, damage caused by Chinese imports and drying up of offers from the private-sector.

India may save stainless steel against China imports

India is investigating a flood of Chinese imports of some types of stainless steel and may restrict the trade if it finds its own steelmakers have suffered as a result, according to a document published by the World Trade Organization (WTO) on Monday.