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The American Empire in a Changing World



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Wednesday, August 31, 2011

'$100bn trade target: India, China to hold talks'

beware cheap chinese imports.........from hindustantimes.........

"Planning Commission deputy chairperson Montek Singh Ahluwalia will lead a delegation to Beijing in September-end to define the broad contours of a framework for enhanced economic cooperation in the energy, steel, telecommunication, banking, technology and pharmaceutical sectors, among others.



Then there have been instances of Chinese pharma firms selling medicines with 'made in India' labels in Africa. In June 2008, Nigerian authorities seized a consignment of fake anti-malarial drugs with the India tag but allegedly produced in China, said a commerce ministry official here. The tablets could have affected 642,000 customers.
India has also put quality restrictions on cellphones, dairy products and toys in a measure primarily aimed at blocking cheap import from China. India's Directorate-General of Foreign Trade said mobile handsets without the IMEI (international mobile equipment identity) number, which helps track the sale and use of the phones, cannot be imported. Industry sources estimate close to a million such phones enter India from China every month"...........READ MORE

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