India to raise import tax on steel to counter China threat

India to raise import tax on steel to counter China threat
NEW DELHI (Reuters) – India will raise the import duty on steel by 5 percentage points from April 1, Finance Minister Arun Jaitley mentioned on Saturday, to stem a flow of low-cost supplies from China and Russia. The government would raise the tariff to 15 …
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China February Exports Climb Sharply as Imports Extend Slump
BEIJING—China&#39s exports posted a sturdy rebound in February following a weak showing in January, as a steep upturn in shipments to key markets suggested a lift for Chinese factories. Nonetheless, the data painted a mixed image for the planet&#39s No. two economy …
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China demand not as weak as import slump suggests
The sharp fall in import volumes, led by commodities, suggested China is slowing at an even quicker pace than many thought, even soon after an interest rate cut in November and measures to increase liquidity and encourage banks to lend. Preliminary data …
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