Dumping ground
Pol Eco, NOS, The News International
China has exported goods worth around $ 11 billion whereas Pakistan’s exports could hardly reach $ 0.25 billion.
Another misbalance in this respect is that Pakistan imports about 1,000 items from China while the latter’s export-basket is limited to hardly 50 items.
Pakistan exports items like seafood, cotton yarn, leather, marble, fruits, sports goods, rice, raw hides and vegetables.
On the other hand, China exports almost every thing available under the sun to Pakistan and that also at very low prices. Mass availability of these goods at low rates has pushed local industry out of competition.
Industrialists say China dumps a lot of goods into Pakistan but no action is taken for various reasons.
The biggest of these is that Pakistan does not want to take even a symbolic step that harms friendly relations between the two, they add.
a report prepared by the Lahore Chamber of Commerce and Industry (LCCI) reveals that due to the dumping of China clay crockery from China, the pottery industry of Pakistan has disappeared from centers like Gujranwala and Gujrat.The report says out of a total of five units, four have closed their commercial operations. These are Prey China, Dada Bhoy, Pakpur, and Regal China while the last one -- Lone China -- is on the verge of collapse.