Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Imports from Hong Kong likely to draw greater scrutiny amid India-China tensions.


Date: 13-07-2020
Subject: Imports from Hong Kong likely to draw greater scrutiny amid India-China tensions
Imports from Hong Kong are likely to draw greater scrutiny, according to a report by Mint. This comes at a time when China is reported to have increased routing exports via the special administrative region amid pressure to narrow its trade gap with India.

Beijing has imposed a new security law in Hong Kong, which undermines the city’s autonomy.

Even as India reduces its trade gap with China, its balance with respect to Hong Kong has changed from a surplus to a deficit for the first time in the year to March 2019, the report suggests. Imports from Hong Kong have nearly tripled in just four years.

These imports being routed through Hong Kong are mostly high-value electronic goods.

Chinese imports and investments are facing stronger scrutiny in India amid border tensions in eastern Ladakh. A violent face-off in June had led to the death of 20 Indian soldiers, including an officer. There were casualties on the Chinese side too. However, the number of casualties remains unclear.

“When the government is thinking of putting restrictions, it is looking at products of only Chinese origin and the curbs do not apply to products coming from Hong Kong. Government should now extend such restrictions to Hong Kong as well," Biswajit Dhar, professor of economics and a trade expert at the Jawaharlal Nehru University (JNU), told the newspaper.

In June, India banned 59 Chinese apps, including TikTok, on national security grounds. India has also scrapped rail and road contracts awarded to Chinese companies.

Source:- moneycontrol.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001