Protectionism Watch: Asia

More from 2point6billion: While India has imposed restrictions on Chinese toys and the import ofsome types of steel, Vietnam has increased import tariffs on dairy andpaper products. Similarly, the Indonesian and Malaysian governments arepublicly prompting their people and ministers in specific to buylocally produced food, drinks, shoes, clothes, music and films or facepenalties. In China, farmers in certain provinces are being given a 13percent subsidy if they buy locally made refrigerators, televisions,mobile phones and washing machines. While construction companiesproducing publicly funded infrastructure projects in other parts ofChina are being encouraged to use locally produced steel, concrete,doors and windows, glass, wiring […]

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