India’s punitive charges on Chinese industrial laser machinery seem to be adding fire to the anti-dumping investigations on made-in-China products. Though Chinese responses were measured, New Delhi has raised concerns about the growing international trade deficit with Beijing. According to analysts, India’s harder line on Chinese imports is not going to develop an all-out trade war. At the beginning of this month, New Delhi announced levying anti-dumping charges of 147.2% on Chinese industrial laser machinery for 5 years. The bilateral relationship between the countries has already been overshadowed by the border dispute in the Himalayas and India is getting more significant in the world for the containment strategy used by the USA against China.
