China concerned over India’’s restrictions on its productsFebruary 10th, 2009 - 6:16 pm ICT by ANI
Beijing, Feb 10 (ANI): The Chinese Government has expressed deep concern over the import restrictions that India has imposed on products from China.
The China Daily quoted Commerce Ministry Spokesman Yao Jian as saying that China hopes India uses trade remedy measures more cautiously as the world economy is faced with grim challenges.
Yao said both the G-20 and the Asia-Pacific Economic Cooperation (APEC) have pledged to act against trade protectionism.
“The two sides need to have more communication and cooperation to achieve mutual benefits,” he added.
India has started 17 trade remedy investigations on products from China since October 2008. Related products include linen fabric, tires and hot rolled steel, which are valued at 1.5 billion dollars. It has also restricted the import of steel, chemical products and textile products.
In addition, India announced that it would ban toys from China for six months beginning Jan 23, 2009. (ANI)
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