Trade war looming between India-China: Chinese state media

A trade war seems to be looming between India and China after New Delhi imposed anti-dumping duties on 93 Chinese products amid a military standoff in Doklam area, media reports said.

An article in The Global Times, part of the ruling Communist Party's publication group, urged Chinese firms to "reconsider the risks" of investing in India and warned New Delhi to be "prepared for the possible consequences for its ill-considered action."

The article said that China "could easily retaliate" with restrictions on Indian products, but added that it "doesn't make much economic sense" for the country.