India relaxes ban on Chinese toy imports

September 25th, 2009 Lawmakers back off proposed ban of Chinese chickenWASHINGTON — Members of Congress negotiating an agriculture spending bill have signaled they will back off a proposed ban on imports of Chinese chicken. Rep. Rosa DeLauro said in a statement Friday that instead of a ban, the bill will call for U.S.

September 14th, 2009 US tire stocks surge on news of tariff on ChineseNEW YORK — Shares of U.S. tire makers surged Monday after a decision last week by the Obama administration to impose higher tariffs for three years on Chinese tires.

August 11th, 2009 Chinese exports, imports fall sharply in JulyBEIJING — China's government says the decline in the country's exports and imports accelerated in July amid weak global consumer demand. Tuesday's report by the Chinese customs agency says exports were down 22.9 percent from a year earlier, while imports fell 14.9 percent.

July 26th, 2009 NEW DELHI - The Associated Chambers of Commerce and Industry (Assocham) has urged the government to restrict Chinese power equipment imports as the domestic industry is badly hit by the cheaper availability of Chinese products. In a note submitted to the finance ministry, Assocham said India's power equipment manufacturers lost business worth Rs.2.5 lakh crore ($52 billion) as power producers turned to cheaper Chinese products.

June 17th, 2009 NEW DELHI - The ban on milk and milk product imports from China, which was to have expired June 24, has been extended by another six months, the Director General of Foreign Trade (DGFT) has said. "The central government hereby extends the prohibition on import of milk and milk products, including chocolates and chocolate products..., for a period of six months from 24 June, 2009, and until further orders," said a DGFT notification.

June 14th, 2009 NEW DELHI - Hit by the influx of cheaper Chinese goods in the domestic market, India's small and medium enterprises (SMEs) want tougher safeguard duties and quality norms to be imposed on imports from the neighbouring country, say an an industry lobby survey. Chinese goods are 10 to 70 percent cheaper than their Indian counterparts and the flood of such products in the domestic market have affected companies across sectors at a time when demand is already low due to the global slowdown, said the survey conducted by the Federation of Indian Commerce and Industry (FICCI).

June 11th, 2009 China's May exports plunge by record 26.4 percentBEIJING — China's exports fell by a record margin in May as the global slump battered trade, while imports also fell sharply, data showed Thursday. May exports tumbled 26.4 percent from a year earlier, exceeding February's previous record drop of 25.7 percent, the Chinese customs agency reported.

June 11th, 2009 Chinese exports plunge 26.4 percent in MayBEIJING — China's exports plunged in May for a seventh month as the global downturn battered trade, while imports also dropped sharply, the government reported Thursday. May exports fell 26.4 percent from a year earlier, the customs agency reported.

April 30th, 2009 EU bans chemical used in Chinese leather goodsBRUSSELS — The European Union has banned an antifungal chemical used in Chinese leather shoes or sofas that can cause severe allergic reactions. Dimethyl fumarate, or DMF, prevents mold growing on leather goods produced in humid climates.

March 25th, 2009 NEW DELHI - Ahead of a likely meeting between Chinese President Hu Jintao and Prime Minister Manmohan Singh in London next week, China Wednesday said the two countries should join hands to tackle the global financial crisis to guard against protectionism of developed countries. 'The two countries can exchange experience and join efforts to tackle international financial crisis to guard against the protectionism of developed countries,' China's ambassador to India Zhang Yan told reporters here.

March 20th, 2009 NEW DELHI - Foreign Secretary Shivshankar Menon has said India and China are attempting to find a solution to the vexed boundary dispute "While we attempt to resolve our differences such as those on the boundary, we will not allow those differences to prevent engagement in other fields. Neither side has attempted to change the status quo on the border while we seek a boundary settlement," Menon said at a book release function here last evening.

March 20th, 2009 NEW DELHI - Commerce Secretary G K Pillai today said that in order to minimize the effects of global slowdown, both India and China need to strengthen the bilateral trade and economic relations. Speaking at the India-China bilateral meeting here, Pillai requested the Chinese side to explore the possibility of more diversified exports from India.

March 19th, 2009 NEW DELHI - China can drag India to the World Trade Organisation (WTO) over the ban on Chinese toys here, but 'we believe in resolving the issue through talks', a Chinese minister said here Thursday. 'We can go to international agencies over this issue.

March 3rd, 2009 NEW DELHI - India Monday relaxed the general ban on the import of Chinese toys imposed over a month ago if such shipments come with certificates from independent agencies saying they meet the prescribed global health and quality standards. A notification by the Directorate General of Foreign Trade said the ban on such imports from China will continue for the designated period of six months since Jan 23, but not if they have certificates from globally accredited testing agencies.

February 3rd, 2009 BEIJING - The Chinese government has protested India's ban on Chinese toy imports and is likely to ask the World Trade Organization (WTO) to probe it, a newspaper here reported Wednesday. The move came after India announced a six-month ban on toy imports from China Jan 23.