WORLD AFFAIRS
Economic sanctions in the form of trade restrictions hurt Chinese exports considerably. Anti-dumping legislation forced the Chinese government to adhere to international trade practices; else, face economic sanctions, which could hurt Chinese businesses in a big way. How does anti-dumping legislation arise? China, recipient of huge Foreign Direct Investment (FDI), was able to create job opportunities for their citizens by encouraging foreign investors to bring money into the country, and start their production units there. In return, the Chinese government provided cheap land, subsidiaries, tax exemptions, cheap electricity and so on, which were highly attractive to investors. Industries grew, ...
