China holds Indian exports in tit-for-tat move after India delays clearances
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Amid rising tensions between India and China, the shipments of Indian origin are being held up in Hong Kong. S K Saraf, president of the Federation of Indian Export Organisations revealed the tit-for-tat action by Beijing after reports of Indian customs holding back Chinese consignments. This is causing delays in consignment clearance. The FIEO has taken up the matter with the ministry of commerce and industry.