Yiwu: Major hub for commodities trading in Zhejiang province in China
India on 3 January 2012 cautioned its businessmen in dealing with traders in Yiwu, a major hub for commodities trading in Zhejiang province in China. A trade advisory posted on the Indian Embassy website stated that all people who have business with Yiwu, are cautioned against doing business there and all people who do not have business with Yiwu, are requested to be careful that they do not do business with Yiwu.
The advisory asked the Indian businessmen to stay away from Yiwu. The advisory has been issued in the backdrop of illegal detention of two Indian businessmen in the locality and manhandling of an Indian Diplomat.
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