Search Result for : Chinese Products

Sairaj Iyer If results posted by Powergrid corporation are analysed, the country’s premiere power grid ‘central transmission utility (CTU), felt no impact due to demonetization that began on November 8, 2016. On the contrary, the ‘CTU’ has posted a 20% increase in net-profit for Q3 (Oct-Dec 2016) for Rs. 1,930 crore as against Rs. 1,606 crore (Q3 Oct-Dec 2015). At a press conference in Mumbai, IS Jha, the Chairman and Managing Director, appraised the results, highlighting the corporation stock’s financials, performance, and meeting of growth targets. He agreed there could be concerns in the public that demonetization-linked receivables could have impacted the cash-flow for monthly payments. He explained, “I maintain that our customers are nice to us, and are offering timely ...

An MES label would mean that other WTO members will need to treat China as a free market equal during trade disputes Manish K. Pandey | The Dollar Business On December 11, 2001, China joined the World Trade Organisation (WTO). It was a milestone for China’s then not-so-open economy and took the country 15 years of arduous and prolonged negotiations to officially become the 143rd member of WTO, from being just a contracting party to the General Agreement on Tariffs and Trade (GATT) since 1986.When China joined the global apex trade body, it agreed to be treated as a non-market economy (NME) – a status that made it easier for trading partners to impose anti-dumping measures on China in case the latter violated global ...

PTI China today sharply criticised calls for boycott of Chinese goods in India, saying it can only satisfy "personal vendettas" of some politicians at the cost of close bilateral ties and called on India to take measures to minimise any "repercussions". The products that China exports to India fulfill the needs of the local market, Shen Danyang, the spokesperson for China's Ministry of Commerce was quoted as saying by state-run People's Daily online. "Thus, a boycott of Chinese products would only satisfy some politicians' personal vendettas at the cost of close ties between the two countries," he said. As two rapidly growing economies, China and India must cooperate on economy and trade, he said. "China hopes India will take the necessary actions to minimise any ...

The Dollar Business Bureau Underlining China’s persistence to "anti-India" policies, Gujarat Chamber of Commerce and Industry (GCCI) on Monday unanimously passed a resolution to boycott Chinese products in India. The executive committee of GCCI unanimously passed the resolution to boycott Chinese products, GCCI senior vice president Shailesh Patwari said. The GCCI industry body said China continues to support Pakistan against India's interest, whether by using veto to stall India's bid to UN which calls for banning terrorist Masood Azhar, or becoming a member of NSG. "China has been acting against India's interests by constructing a dam on Brahmaputra river and repeatedly trying to cross the border," it said. With this latest decision, the industry will boycott all types of Chinese products such as ceramic products, tiles, clothes, chemical and pharmaceutical products, electronic ...