Chinese goods cheaper due to opaque subsidy regime: Govt

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Chinese goods cheaper due to opaque subsidy regime: Govt

Chinese products are cheaper than Indian goods because of the opaque subsidy regime prevailing in China, the government said today in Parliament.
“The products manufactured in China are reportedly of lower price mainly because of their opaque subsidy regime and distorted factor prices,” Minister of State for MSME, Haribhai Parthibhai Chaudhary said in a written reply in the Lok Sabha.

http://indiatoday.intoday.in/story/chinese-good...

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I read somewhere that ModiJi has requested everyone to make an effort to buy Indian-made goods during festivals to boost sales of small-scale industries (Modiji indirectly hinting not to use Chinese products was the title of that article)

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last year on diwali many traders had pasted papers with modi photo and asking for boycott of chinese products

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