The silk industry in India has been complaining of dumping by the Chinese. There are press conferences every now and then by either the industry or the reelers or some other aggrieved party to complain about the cheaper Chinese silk imports.

The Chinese have also been facing flak from across the world for their ability to sell cheap products abroad. Indians are not far behind. The Indian businesses are having to deal with products being imported from China that are cheaper.

While the consumer is happy with cheaper products, the businesses are definitely not. The same is the case of consumers and producers of silk.

Those who are directly competing with the Chinese imports in the domestic market are hurt. On the other hand, those who want to reduce their input costs are happy to import from China.

With the Chinese pegging the Yuan to the dollar is helping to drive down the yuan as the dollar falls as the US’s influence. But, the Chinese influence is not falling though. The cheaper Yuan helps one import cheaper from China.

But, not even the China baiters can keep their hands off the Chinese goods it seems. The silk industry which keeps complaining of cheaper imports from China, itself now has to turn to the Chinese to help them cut costs.

At a press conference while complaining of the problems faced by the industry, one complaint was that of the rising input costs. But, how does the industry intend to cut the input costs of Indian silk products.

Looks like the industry wants to use one Chinese to fight another. Some members of the industry said: “We will import Chinese machines as they are the cheapest in the market. Only then can we bring down our input costs.”

Some twisted logic this. But, it makes sense though.