A lot of countries around the world import goods from china. China is India’s key trade partner and most of the goods that sold in our Indian markets are “made in china”. China have changed from low value to low cost, this made Chinese goods are lot more cheaply than our market products. This made lot of small vendors became traders.
As Diwali celebrations yet to start in our country. Chinese crackers have been banned by the government from last year. Because those are unsafe and it affects our local players. According to the guidelines of the Explosives Act, 2008 position and sale of foreign made explosives is the punishable act .Even though Chinese crackers are banned in our nation, they are still smuggled into the country. It’s the major threat to our economy.
