- Dec 29, 2010
Sometimes lack of basic knowledge about world reflects India gains very limited score on globalization...Is their motto 'Crash and Burn at affordable rates!'.
LOL! JK! Unless you have a A320 or 787 type competitor , no one is interested. Maybe after tariff game with US, China will be forced to adopt isolationist policy so then maybe.
China is slashing tariffs on imports from five Asian countries in a move that could strengthen its defenses in a trade war with the United States.
Beijing will reduce tariffs on thousands of products from India and South Korea, as well as the smaller economies of Sri Lanka, Bangladesh and Laos, China's commerce ministry said Thursday.
China Cuts Tariffs On Autos, Possibly Easing Trade Tensions With U.S.
Chinese President Xi Jinping signaled in a speech last month that the tariff cut would be coming. The foreign ministry confirmed it Tuesday: Tariffs will drop from 25 percent to 15 percent for imported cars. Tariffs on imported auto parts will fall to six percent.