- The document is a magazine issue from December 2015 focusing on foreign trade, exports, and imports. - The cover story examines China's declining role as the poster boy of global manufacturing and exporter over the last couple decades as its romantic rendezvous with global trade seems to be nearing a bitter end. - The magazine team visited the autumn session of the Canton Fair in China and found fear in the voice of every Chinese exporter as China faces a slowdown that could end its run as the dominant low-cost manufacturer sooner than expected.

1. FOREIGN TRADE . EXPORTS . IMPORTS
www.thedollarbusiness.com Vol.2 Issue 12 December 2015 100 $2
NIRMALA SITHARAMAN
Minister of State (Independent Charge)
for Commerce & Industry, GoI
DEMETRIOS THEOPHYLACTOU
High Commissioner of Cyprus to India
DR. B. R. GAIKWAD
Chairman, Chemexcil
SAMEER SAXENA
Vice President – Marketing,
Legrand India
DILIP KAPUR
President, Hidesign
...AND MORE!
EXCLUSIVE INSIDE
China’s romantic rendezvous with global trade seems to
be nearing a bitter end. In the last couple of decades, the country
had become the posterboy of growth and excellence in manufacturing.
Today, there’s fear in the voice of every Chinese exporter.
HAS THE
DRAGON
CAUGHT A
COLD?
Steel Industry
Prevention worse than cure
Does safeguard duty on hot-rolled coil
makes sense?
Granite
Leaving no stone unturned
Not everything is hunky-dory in this
Indian monopoly
EPCG Scheme
Unfulfilled potential
Reduced export obligation has failed
to boost manufacturing
EXCLUSIVE COVERAGE: CANTON FAIR 2015 UNPLUGGED

2. 8 THE DOLLAR BUSINESS II DECEMBER 2015
Volume: 2 Issue: 12 December 2015
www.thedollarbusiness.com
facebook.com/tdbIndia
twitter.com/TheDollarBiz
in.linkedin.com/in/thedollarbusiness/
China’s romantic rendezvous with global trade
seems to be nearing a bitter end. In the last couple
ofdecades,thecountryhadbecometheposterboy
of growth and excellence in manufacturing. Today,
there’s fear in the voice of every Chinese exporter.
The Dollar Business team paid a repeat visit to
the autumn session of the mega-Canton Fair (in
October-Novemberthisyear)andlearnthoweven
in China, change is the only constant.
President (VMPL) : Steven Philip Warner
& Editor-in-Chief
EDITORIAL & RESEARCH
Editor : Manish K. Pandey
Executive Editor : Indranil Das
Senior Editor : Satyapal Menon
Senior Editor (Online) : Himanshu Vatsa
Senior Assistant Editors : Sisir Kumar Pradhan,
Shivani (Vig) Kapoor
Assistant Editor : Neha Dewan
Assistant Editor (Online) : D. Sai Nikesh
Principal Correspondent : Vanita Peter D'souza
Correspondents : Deepak Kumar, Aadhira Anandh M.
Jasleen Kaur, Aparna Singh
EDITORIAL CONSULTING BOARD
Founder & Editor : Anil Goyal
Publisher : Avnish Goyal
Chief Consulting Editor : Dr.A. K. Sengupta
Editorial Advisors : Dr. N.K. Goyal (CMAI),
Atul Kumar Saxena (IIA)
BRAND ACTIVATION & RESPONSE
Vice-President : Aninda Mondal
Associate Vice-President : Dharmendra Jaiswal
INTERNATIONAL REPRESENTATIVES
Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256)
London(UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHY
Art Director : Sujesh Kumar G.
Designer : Gopal Ganesh Reddy
Photographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINE
Sr. Web Developer : P. Surendra Babu
SEO Specialists : Praveen Kukunarapu, Venkata Rao
Boosa
Asst. Mgr. (Data & Metrics) : C. Dileep Reddy
Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad
CIRCULATION, SUBSCRIPTION & DISTRIBUTION
General Manager : S. S. Sudesh
Manager - Subscription : M. Vinay Kumar
Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey,
Rajneesh Laroiya
Senior Executive : K. Chandra Prakash
Associate - Outreach : T. Swapna
HR, FINANCE & LOGISTICS
Sr. Manager – HR : Rasanpreet Kaur
Manager – Accounts : Parchuri Jhansi
Asstt. Manager : Helen Mary
Sr. Executives : Swati Sharma, Ganesh Alagonda
Associate : Raj Jarikote
PRINTER
Kala Jyothi Process Pvt. Ltd.,
1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad,Telangana 500020, IN
PUBLISHED AT
5-2-198/4, Distillery Road, Ranigunj, Secunderabad,
Telangana 500003, IN
FOR EDITORIAL/CONTENT
Email: editorial@thedollarbusiness.com . Tel: +91-40-6677 0766
FOR ADVERTISEMENT
Email: ads@thedollarbusiness.com . Tel: +91-40-6677 0765
FOR SUBSCRIPTION
Email: subscription@thedollarbusiness.com . 18001030385 (Toll free)
For queries / comments you can send us an SMS at +91-888-633-1947
© Copyright 2014
No part of this magazine may be reproduced in whole or in part without an ex-
pressed permission of the publisher. The information on this magazine is for
information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-
sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt.
Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete
information, or for any actions taken in reliance thereon. The information contained
about each individual, event or organisation has been provided by such individual,
event organisers or organisation without verification by us. All disputes are subject
to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.
Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at
5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad,
Hyderabad - 500 020, Telangana.
HAS THE
DRAGON
CAUGHT A
COLD?
COVER STORY32
8 THE DOLLAR BUSINESS II DECEMBER 2015
Volume: 2 Issue: 12 December 2015
www.thedollarbusiness.com
facebook.com/tdbIndia
twitter.com/TheDollarBiz
in.linkedin.com/in/thedollarbusiness/
China’s romantic rendezvous with global trade
seems to be nearing a bitter end. In the last couple
ofdecades,thecountryhadbecometheposterboy
of growth and excellence in manufacturing. Today,
there’s fear in the voice of every Chinese exporter.
The Dollar Business team paid a repeat visit to
the autumn session of the mega-Canton Fair (in
October-Novemberthisyear)andlearnthoweven
in China, change is the only constant.
President (VMPL) : Steven Philip Warner
& Editor-in-Chief
EDITORIAL & RESEARCH
Editor : Manish K. Pandey
Executive Editor : Indranil Das
Senior Editor : Satyapal Menon
Senior Editor (Online) : Himanshu Vatsa
Senior Assistant Editors : Sisir Kumar Pradhan,
Shivani (Vig) Kapoor
Assistant Editor : Neha Dewan
Assistant Editor (Online) : D. Sai Nikesh
Principal Correspondent : Vanita Peter D'souza
Correspondents : Deepak Kumar, Aadhira Anandh M.
Jasleen Kaur, Aparna Singh
EDITORIAL CONSULTING BOARD
Founder & Editor : Anil Goyal
Publisher : Avnish Goyal
Chief Consulting Editor : Dr.A. K. Sengupta
Editorial Advisors : Dr. N.K. Goyal (CMAI),
Atul Kumar Saxena (IIA)
BRAND ACTIVATION & RESPONSE
Vice-President : Aninda Mondal
Associate Vice-President : Dharmendra Jaiswal
INTERNATIONAL REPRESENTATIVES
Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256)
London(UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHY
Art Director : Sujesh Kumar G.
Designer : Gopal Ganesh Reddy
Photographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINE
Sr. Web Developer : P. Surendra Babu
SEO Specialists : Praveen Kukunarapu, Venkata Rao
Boosa
Asst. Mgr. (Data & Metrics) : C. Dileep Reddy
Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad
CIRCULATION, SUBSCRIPTION & DISTRIBUTION
General Manager : S. S. Sudesh
Manager - Subscription : M. Vinay Kumar
Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey,
Rajneesh Laroiya
Senior Executive : K. Chandra Prakash
Associate - Outreach : T. Swapna
HR, FINANCE & LOGISTICS
Sr. Manager – HR : Rasanpreet Kaur
Manager – Accounts : Parchuri Jhansi
Asstt. Manager : Helen Mary
Sr. Executives : Swati Sharma, Ganesh Alagonda
Associate : Raj Jarikote
PRINTER
Kala Jyothi Process Pvt. Ltd.,
1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad,Telangana 500020, IN
PUBLISHED AT
5-2-198/4, Distillery Road, Ranigunj, Secunderabad,
Telangana 500003, IN
FOR EDITORIAL/CONTENT
Email: editorial@thedollarbusiness.com . Tel: +91-40-6677 0766
FOR ADVERTISEMENT
Email: ads@thedollarbusiness.com . Tel: +91-40-6677 0765
FOR SUBSCRIPTION
Email: subscription@thedollarbusiness.com . 18001030385 (Toll free)
For queries / comments you can send us an SMS at +91-888-633-1947
© Copyright 2014
No part of this magazine may be reproduced in whole or in part without an ex-
pressed permission of the publisher. The information on this magazine is for
information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-
sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt.
Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete
information, or for any actions taken in reliance thereon. The information contained
about each individual, event or organisation has been provided by such individual,
event organisers or organisation without verification by us. All disputes are subject
to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.
Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at
5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad,
Hyderabad - 500 020, Telangana.
HAS THE
DRAGON
CAUGHT A
COLD?
COVER STORY32

3. 26 THE DOLLAR BUSINESS II DECEMBER 2015
COVER STORY CANTON FAIR 2015 UNPLUGGED
DECEMBER 2015 II THE DOLLAR BUSINESS 27
BY STEVEN PHILP WARNER (EDITOR-IN-CHIEF) & MANISH K. PANDEY (EDITOR)
HAS THE
DRAGON
CAUGHT
A COLD?
China's romantic rendezvous with global trade
seems to be nearing a bitter end. In the last couple
of decades, the country had become the posterboy
of growth and excellence in manufacturing. Today,
there's fear in the voice of every Chinese exporter.
The Dollar Business team paid a repeat visit to
the autumn session of the mega-Canton Fair (in
October-November this year) and learnt how even
in China, change is the only constant. The Chinese
export-manufacturing community is currently
waging a brutal primary war against slowdown in
business. And though it's not over for China yet, the
past teaches us that the multi-trillon dollar economy
is experiencing more than just harmless tremors.
China is in danger – and confessions at the Canton
Fair's recent edition make us believe that happy
manufacturing days in China may be over sooner
than expected. The dragon it seems, has started
sneezing already.

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