An Indian trader has gone missing in the Chinese town of Yiwu, after an unidentified man took him away from a local restaurant, in an incident that is set to trigger a fresh commercial and diplomatic dispute, amid already rising strains between India and China regarding the safety of businessmen in the southern trading hub.
One more Indian trader was detained in China on charges of indulging in prostitution in addition to the four already held in Shanghai for the offence. An Indian trader, based in Yiwu, which housed China’s biggest wholesale commodity market was arrested in an anti-prostitution raid by the local police during the last weekend, Indian officials
The economic crisis and regional instability will affect the Yiwu small commodity exports. In fact, from Yiwu ‘foreign strategic shift has already begun. In December 2011, Yiwu India disputes between traders and Commodity City business operators, causing a small storm. The event from a Yemen unscrupulous traders to cheat Yiwu merchants tens of millions of