If this has been in less developed economy they would be quick to condemn the country concerned as protectionist, closed door mentality and not subscribing to free-market economy.In other word, afraid of competition.
When Malaysia did the dawn raid to bring Guthrie home, paying market price for the shares on the London Stock Exchange in September 1981, the angry British called it nationalisation of foreign assets.
Look! What the Aussies are crying over........cheap rolls of toilet paper from Indonesia and China.
Howdy mate! It's fair dinkum, Aussie's toilet paper.
Australian Workers Union Angry Over Cheap Indonesian Toilet Paper
A large Australian workers union has written to the federal government threatening to launch a full-scale campaign over cheap toilet roll imports from Indonesia and China.
The union, known as the CFMEU, says that a large shipment of cheap toilet rolls poses a serious threat to jobs and the local manufacturing industry, Australian Associated Press reported on Monday.
The rolls are due to be sold at almost half the usual retail price, leading one major manufacturer in South Australia to predict 1500 jobs will be lost.
The union has requested an urgent meeting with the attorney-general, asking him to overturn the decision allowing the import.
“Exporters from China and Indonesia are hurting the tissue-making industry by selling product at a lower price,” CFMEU secretary Michael O’Connor said in a statement.(UNSPUN)