TPM was founded in 1999 at a time when the practice of trade remedies in India was in its infancy and there were only a handful of firms in the field. While other firms added this portfolio in their existing portfolios, TPM dealt exclusively in cases in the domain of trade remedies. TPM began its journey with a staff of merely 2 professionals. Today, it has a team of more than 40 professionals including Cost Accountants, Chartered Accountants, Company Secretaries, Lawyers, Engineers and MBAs. From the beginning, TPM was focused…
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Updates
Final Findings issued recommending imposition of anti-dumping duty on imports of Sodium Hydrosulphite from China PR and Korea RP (14.09.2021)
Initiation of sunset review investigation into imports of Hydrogen Peroxide from Bangladesh and Thailand (13.09.2021)
Initiation of anti-dumping investigation into imports of Stainless-Steal Seamless Tubes and Pipes from China PR (10.09.2021)
Initiation of anti-dumping investigation into imports of Opal Glassware from China PR and UAE (09.09.2021)
Insights
An insight into China’s financial system
Author: P Sree Lakshmi The financial sector plays a key role in expansion of Chinese economy, allowing it to emerge as the second largest in the world. The financial sector includes different elements such as the formal banking sector, the interbank market, the bond market, and shadow banking. This article deals with the overview of Chinese formal banking sector and how it is distorted due to subsidization and government intervention. The Commercial Bank Law of the People’s Republic of China states that commercial banks shall conduct their business of lending as per the needs of the national economic and social development and as per the industrial policies of the State. As per Article 38 of Commercial Bank Law, a commercial bank shall fix its interest…