by suvrajit » Fri Oct 25, 2013 4:14 am
Dear Aavio,
Dumping is a practice when a country charges a lower price for the like goods in a foreign market than one charges for the same good in a domestic market for consumption in the home market of the exporter.
This practice has a great impact on the industries of importing countries, its simple china charges a lower price in Indian market than cost of production in Chinese market, simply to capture the Indian market, & in long run the Indian industries will be destroyed, Good example is Toy industry.
Hope you have heard a proverb "Ignorance is bliss", so please don't taunt anyone when you donot understand a situation. We people care for our pockets and sacrifice the grater national interests in doing so, that's why may be british people rulled us for so long.
& regarding fishes, they don't come from china, I have no issues regarding imported products, but we should be aware what China is trying to do.
Suvrajit
Fishaholic