India say no to Chinese toys
Posted on Feb-14-2009· by china investor
India say no to Chinese toys
Recently, the Indian government ordered a six-month lock-up order on Chinese-made toys. And India has embarked an anti-dumping investigation on 10 kinds of Chinese products. In fact, not only in India, the United States, Europe and other countries are taking such trade protection measures.
as we all know, trade protectionist measures will lead to a trade war, and ultimately result in the narrow trade volume in the whole world, The result is that a large part of country’s economy would be badly hit, rising unemployment, increasing social crisis, and trigger a conflict between the country and even the war. financial crisis in 1929 precisely is due to the world trade protectionism around the world,which lead to several times narrower trade volume than before, very high unemployment rate, productivity, and ultimately led to World War II.
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