Economy

Markets

Industries

Insights

Reports

Events

China concerned with India's restrictions on imports

By Diao Ying (chinadaily.com.cn)
Updated: 2009-02-09 15:51

The government is deeply concerned with import restrictions India has imposed on products from China and hopes India would use these measures more carefully, the Ministry of Commerce said in an announcement on its website.

India has started 17 trade remedy investigations on products from China since October 2008. Related products include linen fabric and tires and are valued at $1.5 billion, according to the ministry.

It has also restricted the import of steel, chemical products and textile products from China recently. In addition, it announced that it would ban toys from China for six months beginning Jan 23, 2009.

The Chinese side hopes India could use trade remedy measures more cautiously as the world economy is faced with grim challenges, said Yao Jian, spokesman for the ministry.

Yao said both G20 and APEC members have pledged to act against trade protectionism, and the two sides need to have more communication and cooperation to achieve mutual benefits.