Hi friends! π Have you ever wondered how the internet travels across the world so quickly? It’s thanks to something called fiber optics! These are super thin strands of glass or plastic that carry internet signals as flashes of light. Cool, right? π‘
Recently, China announced that it’s starting an investigation into some fiber optic products coming from the United States. But why are they doing this?
China thinks that some U.S. companies might be finding ways to avoid certain trade rules. These rules, called anti-dumping measures, are there to make sure that companies don’t sell products at prices that are too low, which can hurt businesses in other countries. Imagine if someone sold your favorite toy for way less than it’s worthβit wouldn’t be fair to the toy makers! π§Έπ
The Chinese Commerce Ministry wants to check if these U.S. fiber optic products are following the rules. They’ll look into it and decide if they need to take any actions to keep things fair. βοΈ
Trade between countries is like a big team project. Everyone needs to play by the rules to make sure it’s fair and fun for all! Let’s see what happens next. Stay tuned! πΊ
Reference(s):
China begins anti-circumvention probe on select U.S. fiber optic goods
cgtn.com