Golmuri » financial crisis http://golmuri.com Knowledge Unlimited Wed, 02 Feb 2011 10:09:54 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Chicken fight or trade war? http://golmuri.com/learning-center/web/chicken-fight-or-trade-war http://golmuri.com/learning-center/web/chicken-fight-or-trade-war#comments Sat, 06 Feb 2010 11:03:40 +0000 rohit http://golmuri.com/learning-center/web/chicken-fight-or-trade-war In an answer to US imposing restrictions to import of Chinese tires, China has imposed anti-dumping duties of around 100% on imports of broiler chicken from US. China is the biggest importer of chicken products from US and with this move the American companies would be hit hard. In 2008 China imported more than 500 thousand tonnes of chicken products from US alone.
This may be an indication of a trade war between the two superpowers of the world. Earlier China also questioned US on its support to Taiwan by supplying arms. US has also levied anti-dumping duties on drilling pipes, wire decking and electric blankets imported from China. China being the manufacturing hub of the world seems to be facing the toughest times of the recent financial crisis.

Rogues

]]> http://golmuri.com/learning-center/web/chicken-fight-or-trade-war/feed 0