China’s excess production capacity of both metals has emerged as a major trade irritant for the United States and Europe, prompting them to consider new steps to protect domestic industries and jobs from a flood of Chinese imports.
“We have evidence that some of the vessels engaged in these activities are owned by companies in several countries, including China,” the official said.
While the Quad grouping proposed to counter China’s regional and global influence has immense possibilities, it is important that India, Japan and Australia do not depend upon the ‘unpredictable’ US excessively