To Download PDF
Please verify your Whatsapp number first,
so you can download this pdf immediately
![](https://cdn.prod.website-files.com/5f5cf462f0ee5f4a999616bb/6597ba4553aab5ce1cf16062_1211.webp)
In recent years China has been importing steel from India. Explain how the import of steel by China will affect.
(a) steel companies in China.
(b) steel companies in India.
(c) industries buying steel for production of other industrial goods in China.
(a) Good quality steel from India will be readily available to Chinese steel companies as soon as there is sufficient demand. Secondly, due to its proximity to China, the transportation cost will also come down.
(b) Due to the increase in demand for steel abroad, its supply in the country will decrease. Secondly, India will have to make continuous efforts to increase capital investment in the steel sector, modernize technology level, increase labor force, improve quality and reduce production cost.
(c) The raw material will be readily and easily available in China to the industries purchasing steel for the production of other industrial goods in China. This will increase the total industrial production of China.
CBSE Class 10 Sample PapersMaths StandardMaths BasicHindi AHindi BSocial ScienceScienceSanskritEnglish
Please verify your Whatsapp number first,
so you can download this pdf immediately
Please type a valid 10 digit whatsapp number
OTP sent, check your whatsapp
Your OTP is incorrect, Please enter valid OTP