In the recent years China has been importing steel from India Explain how will the import of steel affect - Social Science - Globalisation and the Indian Economy

Question

In the recent years China has been importing steel from India
Explain how will the import of steel affect -
rn
a ) Steel companies in India
rn
b ) Steel companies in China
rn
c ) Other industries buying steel for the production of other
industrial goods in china

Anmol Mahani · Answer

a) steel industries in india will obviously suffer due to lack
of availability of steel
b) cause of cheap availability of steel from india, chinese
steel industry will prosper
c) other industries of china which are dependent on steel will
also prosper
all the best!

In the recent years China has been importing steel from India .Explain how will the import of steel affect -rna.) Steel companies in Indiarnb.) Steel companies in Chinarnc.) Other industries buying steel for the production of other industrial goods in china

In the recent years China has been importing steel from India .Explain how will the import of steel affect -
rn
a.) Steel companies in India
rn
b.) Steel companies in China
rn
c.) Other industries buying steel for the production of other industrial goods in china