The restrictions set on certain products to be exported pose
The restrictions set on certain products to be exported pose some clear advantages and disadvantages for an import/export business trading in China versus India.
Refer to the following website for information about exporting to India and China:
Live Trading News
Participate in the Teamwork activity by entering the Teamwork area in your online course and completing the following:
Gather information on what types of products would be profitable to export to China.
The report needs to be at least one page and posted in the Doc Sharing area. The team needs to choose a team leader. It would the responsibility of the Team Leader to post the report in the Doc Sharing area.
Solution
Types of products that will be profitable to export to China would include:-
1. Ores, slag and ash, iron and steel, plastics, organic chemicals, and cotton. As India is rich in these resources.
2. Auto & auto components, electronic components, drugs & pharmaceuticals, metal & metal based products like alloy steel bars and rods, engineering machinery like diesel engines and compressors, textile yarns & fabrics.
3. Agricultural products like salt, grain, tobacco, and oilseeds, minerals & mineral products, fresh and processed fruits, vegetables.
4. Marine products, dairy products, medical equipment, and construction material.
