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Last week, China's Ministry of Commerce announced the final anti-dumping rates for Indian phthalocyanines, lowering the rates for most exporters compared to the preliminary ruling.
China's Ministry of Commerce recently started an expiry review on anti-dumping measures imposed on chemical product ortho chloro para nitro aniline from India.
In a recent preliminary ruling, China's Ministry of Commerce decided to impose anti-dumping duties of up to 81.2% on phthalocyanine from India.
The Indian government has been pushing Tesla for years to manufacture in India rather than import electric vehicles into India from China. Nitin Gadkari, India's Minister for Road Transport & Highways, reiterated this view last week.
On March 1, China's MOFCOM announced that it would launch an anti-dumping investigation on phthalocyanine originating from India.
India recently banned most imports of drones, a policy shift that will have a big impact on Chinese drone makers such as DJI. The ban will shield the Indian industry from this Chinese competition, but how effective it will be in developing domestic manufacturing is unclear.