India Hopes China Will Work with it to Bring 'Satisfactory Resolution' to Current Issues: Foreign Secretary
3 years, 2 months ago

India Hopes China Will Work with it to Bring 'Satisfactory Resolution' to Current Issues: Foreign Secretary

News 18  

Asserting that peace and tranquillity in the border areas is a “sine qua non” for India and China to work together, Foreign Secretary Harsh Vardhan Shringla on Thursday said New Delhi hopes that Beijing will work with it to bring a satisfactory resolution to the current issues, keeping in view each other’s sensitivities and interests. In his remarks at a seminar on “Leveraging China’s Economy”, Shringla also said the developments along the Line of Actual Control in Eastern Ladakh have “seriously disturbed” the peace and tranquillity in border areas, and this has obviously had an impact on the broader relationship too. “We hope that the Chinese side will work with us to bring a satisfactory resolution to the current issues so as to make progress on our bilateral relations keeping in view each other’s sensitivities, aspirations and interests,” the foreign secretary said. Being the largest contributor to world trade and our largest trading partner, it is imperative for us to have a better understanding of China’s economy, Shringla said.

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History of this topic

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial
1 week, 1 day ago

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial

China Daily  

In his meeting with President Xi Jinping on the sidelines of the BRICS Summit held in Kazan, Russia, on Oct 23, Indian Prime Minister Narendra Modi noted that maintaining the steady growth of India-China relations was critical for the two countries and peoples. Against a complex international landscape, cooperation between India and China, two engines of economic growth, could help …

India should have balanced approach to trade with China, says Jaishankar
2 weeks, 4 days ago

India should have balanced approach to trade with China, says Jaishankar

Hindustan Times  

NEW DELHI: India should adopt a balanced approach to business with China due to the troubled political relationship over the past four years and the need to avoid becoming overly dependent on a single supply chain, external affairs minister S. Jaishankar said on Thursday at an event organised by the Associated Chambers of Commerce & Industry of India. Jaishankar cautioned …

Head-on | Why a rising India worries both the West and China
3 weeks, 6 days ago

Head-on | Why a rising India worries both the West and China

Firstpost  

By 2027, India will be the world’s third largest economy. The rear view mirror in both Washington and Beijing shows an accelerating Indian economy growing at nearly twice China’s rate and thrice America’s Never before has a former European colony, impoverished and subjugated for centuries as India was, risen to the status of an economic power. The rear view mirror …

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains
1 month ago

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains

India Today  

Veteran journalist and geopolitical expert Fareed Zakaria on Monday expressed optimism about the trajectory of US-India relations under Donald Trump's regime and believed it to be a "golden opportunity" for India to end China's monopoly in manufacturing. Speaking to India Today TV's News Director Rahul Kanwal, Zakaria highlighted Trump's admiration for Prime Minister Narendra Modi and predicted continued strengthening of …

India’s trade deficit with China soars during April-October despite import curbs
Trending News
1 month, 1 week ago

India’s trade deficit with China soars during April-October despite import curbs

Live Mint  

New Delhi: India’s merchandise trade deficit with China has risen 13% during the first seven months of the current fiscal year, despite government measures aimed at cutting reliance on the Asian manufacturing major and restrictions on import of certain products from the country. India's goods trade deficit with China widened to $57.83 billion during April-October from $51.12 billion a year …

India needs to leverage Trump’s China antipathy
1 month, 1 week ago

India needs to leverage Trump’s China antipathy

Hindustan Times  

The electoral victory of Donald Trump, and his comeback as the United States President, has led to speculation as to the contours of his administration’s policies with respect to the Indo-Pacific region. FILE PHOTO: U.S. President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File …

India should reconsider its rejection of the RCEP trade bloc
1 month, 1 week ago

India should reconsider its rejection of the RCEP trade bloc

Live Mint  

Five years ago, on a November morning in Bangkok, just on the verge of signing the Regional Comprehensive Economic Partnership agreement, India abruptly walked out of it. India’s RCEP participation should be based on a broad set of metrics—not merely the trade deficit, but also investment inflows, employment creation and participation in new regional value chains. A 2022 assessment by …

As Trump vows America First, what’s in store for China & India in Indo-Pacific?
1 month, 2 weeks ago

As Trump vows America First, what’s in store for China & India in Indo-Pacific?

Firstpost  

In sharp deviation from outgoing US President Joe Biden, a lifelong internationalist, President-elect Donald Trump is a brutal transanctionalist who largely sees the world from the point of view of trade and tariffs Former US President Donald Trump has the potential to transform the American government institition for decades. However, now as China is facing economic woes, it remains to …

Trump 2.0 could create new opportunities for India, say experts; India better positioned than China in US trade
Trending News
1 month, 2 weeks ago

Trump 2.0 could create new opportunities for India, say experts; India better positioned than China in US trade

Firstpost  

Donald Trump’s Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said Donald Trump’s Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, …

India-China Border Deal: A Long-Overdue Resolution
2 months ago

India-China Border Deal: A Long-Overdue Resolution

News 18  

Prime Minister Narendra Modi and Chinese Premier Xi Jinping will hold first bilateral talks in five years on Wednesday on the sidelines of the 16th BRICS Summit in Russia. Both countries reached an agreement to resume border patrolling operations along LAC following the disengagement process along the disputed areas.

Weighing in on business as usual with China
3 months ago

Weighing in on business as usual with China

The Hindu  

Recent media pieces have speculated on whether India’s fraught relations with China are headed towards a relative thaw and suggestions are being put forward for a more liberal attitude towards foreign direct investment from that country. The economic commentary Despite this national security situation, the Economic Survey 2024 has favoured India plugging itself into China’s supply chains through Chinese investments …

DC Edit | Fix trade deficit with China
3 months, 3 weeks ago

DC Edit | Fix trade deficit with China

Deccan Chronicle  

At a couple of forums in which he was keynote speaker last week, external affairs minister Jaishankar did some plain speaking on India’s ties with its neighbours China, Pakistan and Bangladesh. The point is being abrasive about relationships in public is not going to change anything while airing frank opinions will probably harm the prospects of diplomacy to heal the …

India has trade surplus with 151 nations; deficit with 75 during Jan-June 2024: GTRI
3 months, 3 weeks ago

India has trade surplus with 151 nations; deficit with 75 during Jan-June 2024: GTRI

The Hindu  

India has recorded trade surplus with as many as 151 countries such as the U.S. and Netherlands, while the country has a trade deficit with 75 nations including China and Russia during the first half of this year, according to think tank GTRI. "Between January and June 2024, India had a trade surplus with 151 countries, representing 55.8 per cent …

India has a special China problem: Jaishankar calls for investments from there be scrutinised
3 months, 3 weeks ago

India has a special China problem: Jaishankar calls for investments from there be scrutinised

The Hindu  

Asserting that India has a "special China problem" which is over and above the world's "general China problem", External Affairs Minister S Jaishankar said on Saturday the border and the state of relations with the country call for investments from there be scrutinised. Mr. Jaishankar said that if people are complaining of trade deficit with China and "we are too", …

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal
4 months, 3 weeks ago

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal

India TV News  

New Delhii: Commerce and Industry Minister Piyush Goyal said on Tuesday that there is no rethinking in the government to support foreign direct investments from China, as was pitched by the Economic Survey recently. India faces two choices to benefit from the 'China plus one strategy' -- it can integrate into China's supply chain or promote FDI from China. China …

US trade sanctions on China can affect multilateralism
6 months, 2 weeks ago

US trade sanctions on China can affect multilateralism

Hindustan Times  

The United States -China trade war has escalated from the US banning Chinese apps to targeting domestic companies having close ties with the Chinese government. Recent anti-China legislation under the Biden administration indicates increasing economic hostility to counter Chinese trade practices on the grounds of a threat to US national security. US President Joe Biden The anti-China trade policy aims …

India in trade deficit with nine of top 10 trading partners in 2023-24
6 months, 3 weeks ago

India in trade deficit with nine of top 10 trading partners in 2023-24

The Hindu  

India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24, according to official data. India's total trade deficit in the last fiscal narrowed to $238.3 billion as against $264.9 billion in the previous fiscal. Economic think tank Global Trade Research Initiative said …

India-China bilateral trade hit a new record in 2023: Envoy
10 months, 2 weeks ago

India-China bilateral trade hit a new record in 2023: Envoy

The Hindu  

India and China trade reached record levels in 2023, said the Chinese envoy to India, indicating that bilateral trade had surpassed 2022 figures despite a slowdown mid-year. Speaking at an event in Delhi celebrating the Chinese New Year, the envoy, Charge D’Affaires Ma Jia said that the growth in trade, to US $136.2 billion went along with other areas of …

Why India Isn’t the New China
11 months ago

Why India Isn’t the New China

Live Mint  

China’s economy is struggling, but another Asian giant, neighboring India, is suddenly squarely on investors’ and manufacturers’ radar. India’s age-dependency ratio—a measure of the burden of child and elderly care on households—has fallen to 47 in 2022 from 82 in 1967, according to the World Bank. Only a third of India’s female working-age population was in the labor force in …

How India is diversifying its economic partnerships to reduce a $60 billion trade deficit with China
1 year, 2 months ago

How India is diversifying its economic partnerships to reduce a $60 billion trade deficit with China

Firstpost  

By diversifying economic partnerships and fostering ties with like-minded nations, India aims to establish itself as a linchpin of stability and growth, contributing to a more balanced and multipolar world order India’s strategic pivot towards forging stronger economic alliances with nations like Korea, Japan, Europe, and the United States is emblematic of its response to evolving geopolitical dynamics. This shift …

U.S.' relationship with India 'critical' in dealing with China, Russia: Congressman Ro Khanna
1 year, 3 months ago

U.S.' relationship with India 'critical' in dealing with China, Russia: Congressman Ro Khanna

The Hindu  

The U.S.' relationship with India is "critical" in dealing with its strategic adversaries — China and Russia, Indian-American Congressman Ro Khanna has said. Mr. Khanna said it was unreasonable for the U.S. to expect that India will block the Strait of Malacca during a conflict with China, but New Delhi can be aggressive on its borders in Ladakh and Arunachal …

India-ASEAN trade deal ill conceived: Goyal
1 year, 4 months ago

India-ASEAN trade deal ill conceived: Goyal

Live Mint  

India-ASEAN trade deal signed under the UPA era is one of the most ill-conceived deals, commerce minister Piyush Goyal said on Thursday at an industry event. India mostly imports capital goods, raw materials and intermediates from Asean, the tariff concessions under the free trade agreements have also been advantageous to many sectors and adversely impacted domestic companies, especially chemicals and …

India’s Jan.-April imports from China rise 4.6% to $37.86 billion
1 year, 6 months ago

India’s Jan.-April imports from China rise 4.6% to $37.86 billion

The Hindu  

India’s imports of Chinese goods have continued to rise in 2023, growing 4.6% in the first four months of the year to cross $37.86 billion. Two-way trade climbed 4.5% from the year-earlier period to reach $44.34 billion at the end of April, data from China’s General Administration of Customs showed. In the first four months of the year, China’s trade …

Measures set to strengthen foreign trade
1 year, 8 months ago

Measures set to strengthen foreign trade

China Daily  

Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the difficulties and bottlenecks …

Measures set to strengthen foreign trade
1 year, 8 months ago

Measures set to strengthen foreign trade

China Daily  

chinadaily.com.cn| Updated :2023-04-24 Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the …

Measures set to strengthen foreign trade
1 year, 8 months ago

Measures set to strengthen foreign trade

China Daily  

Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the difficulties and bottlenecks …

India-US Trade Camaraderie Stronger Than Before Amid Persistent Chinese Deficit Pinch
1 year, 8 months ago

India-US Trade Camaraderie Stronger Than Before Amid Persistent Chinese Deficit Pinch

News 18  

The United States has emerged as India’s top trade partner for the second consecutive year, tying up China to the second rank. Strategic and foreign trade experts see the trade numbers as a small but significant move towards decreasing India’s reliance on Chinese imports; a move they feel was urgently required given New Delhi’s overdependence on Chinese imports, its persistent …

A plan to counter China economically
1 year, 8 months ago

A plan to counter China economically

Hindustan Times  

Over the past few years, the growing aggression of the Chinese Communist Party has rang alarm bells across the world. Indian policymakers declared that India’s dependence on Chinese imports must be curtailed, and the old motto of self-reliance regained currency. On the trade front, India’s dependence on China remains higher than it was in the decade leading up to the …

Is there a way out of the troubled India-China relationship?
1 year, 10 months ago

Is there a way out of the troubled India-China relationship?

The Hindu  

Published : Feb 09, 2023 10:35 IST India-China relations have gone through cycles of conflict and cooperation over nearly 75 years. In my 2020 book written just after the Galwan clash, India Versus China: Why They Are Not Friends, I suggested that one way of thinking about the long-term conflict between the two sides is in terms of four Ps: …

India's focus should be on reducing dependence on China: NITI Aayog as import increases by 21.7%
1 year, 10 months ago

India's focus should be on reducing dependence on China: NITI Aayog as import increases by 21.7%

India TV News  

As India's import to China has increased by more than 21%, the apex public policy think tank of the Government of India, opined that New Delhi should not only focus on reducing overall trade with Beijing but it should be on reducing New Delhi's dependence on Beijing for certain critical inputs. Speaking to the news agency PTI, National Institution for …

India plans measures to curb Chinese imports as trade gap concerns mount: Report
1 year, 10 months ago

India plans measures to curb Chinese imports as trade gap concerns mount: Report

Live Mint  

India is considering a number of tariffs and non-tariff steps to cut imports of non-essential consumer and electronic goods, including from China, as trade imbalances concern policymakers, two government officials and an industry source said. As many as 18 key government ministries, led by the federal trade ministry, met last week to firm up steps first aimed at cutting imports …

India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion
1 year, 11 months ago

India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion

The Hindu  

January 13, 2023 11:00 am | Updated 11:54 am IST - Beijing India’s bilateral trade with China reached a record $135.98 billion in 2022, Chinese Customs data showed on January 13, 2023, driven by surging Indian imports of Chinese goods that were up by more than 21% last year. India’s exports to China, however, fell in 2022, driving an already …

Aakar Patel | If our trade with China can see a rise, why not with our neighbours?
1 year, 11 months ago

Aakar Patel | If our trade with China can see a rise, why not with our neighbours?

Deccan Chronicle  

Reserve Bank governor Shaktikanta Das said last week that the government and the RBI were in discussions with South Asian countries to enable cross-border trade in the rupee. The World Bank says that trade between South Asian nations accounts for only five per cent of the region’s total trade. The World Bank says “border challenges mean it is about 20 …

Merchandise exports may drop 2.3% this year: CARE
1 year, 11 months ago

Merchandise exports may drop 2.3% this year: CARE

The Hindu  

Slowing global growth and cooling demand are likely to shrink India’s goods exports by more than 2% in 2022-23 and grow just 1.5% next year, CARE Ratings said in a research report on Tuesday, signalling a sharp drop in outbound shipments over the next quarter. With major economies likely to experience a sharp slowdown and global trade growth moderating, India’s …

'Stand Ready to Work with India...': Chinese Foreign Minister Says Days After LAC Clash in Tawang
1 year, 11 months ago

'Stand Ready to Work with India...': Chinese Foreign Minister Says Days After LAC Clash in Tawang

News 18  

Days after the India-China clash along the Line of Actual Control at Yangtse in Arunachal Pradesh’s Tawang, Chinese Foreign Minister Wang Yi said that Beijing is ready to work with India through steady and sound growth of the relations, according to the Chinese Foreign Ministry website. While addressing the reporters on China’s relations with India, Chinese Foreign Minister Wang Yi …

China stands ready to work with India: Chinese Foreign Minister
1 year, 11 months ago

China stands ready to work with India: Chinese Foreign Minister

Deccan Chronicle  

Beijing: Chinese Foreign Minister Wang Yi, on Sunday, said that China is ready to work with India through steady and sound growth of the relations, according to the Chinese Foreign Ministry website. While addressing the reporters on China's relations with India, Wang said, "China and India have maintained communication through the diplomatic and military-to-military channels, and both countries are committed …

China’s total trade surplus with India ‘surpasses $1 trillion’
2 years, 2 months ago

China’s total trade surplus with India ‘surpasses $1 trillion’

The Hindu  

The favourable trade balance that China has enjoyed with India, since bilateral commerce began to boom in the early 2000s, has cumulatively exceeded $1 trillion, according to estimates. In 2021, annual two-way trade crossed $100 billion for the first time, reaching $125.6 billion, with India’s imports accounting for $97.5 billion, pegging the imbalance at close to $70 billion. Trade ties …

India-China trade deficit widens, imports rise by 29 pc in 5 years: Centre
2 years, 4 months ago

India-China trade deficit widens, imports rise by 29 pc in 5 years: Centre

Live Mint  

Despite continuous disputes between India and China on several issues, India is unable to curb its imports from Beijing. In the ongoing Lok Sabha session, Union Minister of State for Commerce and Industry Anupriya Patel informed that India's total imports from China increased by nearly 29 percent in the past five years. On whether the Government is taking measures to …

Willing to work with India to help Sri Lanka, says China
2 years, 6 months ago

Willing to work with India to help Sri Lanka, says China

The Hindu  

“Recognising” the Indian government’s “great efforts” in supporting Sri Lanka, China on Wednesday expressed willingness to work with India and the international community to help Sri Lanka tide over its crushing economic crisis. In a media briefing held in Beijing, Chinese Foreign Ministry spokesperson Zhao Lijian outlined the Chinese government’s recent humanitarian assistance totalling 500 million RMB to Sri Lanka. …

India faces significant geopolitical challenges from China: White House in its Indo-Pacific Strategic report
2 years, 10 months ago

India faces significant geopolitical challenges from China: White House in its Indo-Pacific Strategic report

India Today  

India is beset with significant geopolitical challenges, in particular from China and its behaviour on the Line of Actual Control, the White House has said, while releasing its Indo-Pacific Strategic Report. "We will continue to build a strategic partnership in which the United States and India work together and through regional groupings to promote stability in South Asia; collaborate in …

India’s trade with China crosses $125 billion, imports near $100 billion
2 years, 11 months ago

India’s trade with China crosses $125 billion, imports near $100 billion

The Hindu  

India’s trade with China in 2021 crossed $125 billion with imports from China nearing a record $100 billion, underlining continued demand for a range of Chinese goods, particularly machinery. Bilateral trade reached $125.6 billion in 2021, with India’s imports from China accounting for $97.5 billion. While a break-up of imports and exports was not immediately available, India’s biggest exports to …

India needs to shed its defensive policies and proactively counter China
2 years, 11 months ago

India needs to shed its defensive policies and proactively counter China

Firstpost  

China’s intransigence to implement border protocols that it signed with India, its belligerent militarism and border domination efforts, and forays in the Indian neighbourhood have strained its ties with India Barring a remote possibility of resuming active military hostilities in the border areas, India’s relations with China are headed towards continued armed stalemate in the new year of Tiger, in …

India Doesn't Matter to China Much Beyond Provocations, Only the US Does
2 years, 11 months ago

India Doesn't Matter to China Much Beyond Provocations, Only the US Does

The Quint  

However, as of now, China remains one of the world’s fastest growing economies in the world with GDP slated to grow to 8.1 per cent in 2021, but this could slow down to 5.1 per cent 2022. The real estate sector which contributes 20 per cent of the Chinese GDP remains crisis-ridden and then, of course, there is the crackdown. …

Don't think China doubts India's stand on bilateral ties between both nations: EAM Jaishankar
3 years, 1 month ago

Don't think China doubts India's stand on bilateral ties between both nations: EAM Jaishankar

India TV News  

China should be in no doubt about India's position on the bilateral relationship between the two countries and what is languishing it, External Affairs Minister S Jaishankar has said. External Affairs Minister has also said that India and China are going through a bad phase in their relationship because of Beijing's actions and violation of agreements between the two neighbouring …

Despite Galwan, India’s trade with China has grown. But there is a shift
3 years, 2 months ago

Despite Galwan, India’s trade with China has grown. But there is a shift

Hindustan Times  

New Delhi : Notwithstanding the ongoing border dispute with China, and efforts to dilute economic linkages and reduce dependence, India’s merchandise trade with China is growing and may cross the $100 billion mark this year. While Indian exports to China have seen an 18.54% year-on-year growth at $10.66 billion in April-August 2021, imports of Chinese goods have surged by over …

India-China trade on course to touch record $100 billion-mark
3 years, 2 months ago

India-China trade on course to touch record $100 billion-mark

India Today  

The India-China trade volume looks set to cross the record figure of USD 100 billion this year as the total has already touched USD 90 billion in the first nine months, despite a chill in bilateral relations due to the continuing military standoff between the two countries in eastern Ladakh. China's total imports and exports expanded 22.7 per cent year …

India, U.S. discuss Indo-Pacific, regional issues ahead of 2+2 dialogue
3 years, 2 months ago

India, U.S. discuss Indo-Pacific, regional issues ahead of 2+2 dialogue

The Hindu  

India and the U.S. have discussed their flourishing defence partnership and opportunities for enhanced cooperation with like-minded partners to sustain a free and open Indo-Pacific as officials from the two countries held a meeting to lay the groundwork for the key 2+2 Ministerial Dialogue later this year, the Pentagon has said. The Pentagon said that the 16th U.S.-India Defence Policy …

India must stay strong on China
3 years, 5 months ago

India must stay strong on China

New Indian Express  

His words must be taken with a pinch of salt, which was what Jaishankar did, making it clear that LAC tensions will affect bilateral ties. This marathon exposes Communist China’s strategy vis-a-vis India. It views Delhi with suspicion for various reasons, prominent being its patronage of the Dalai Lama, increasing proximity to the US and its economic potential. China’s exports …

India-China trade grows 62.7% in 1st half of year, crosses $57 billion
3 years, 5 months ago

India-China trade grows 62.7% in 1st half of year, crosses $57 billion

India Today  

The China-India bilateral trade in the first half of the year totalled USD 57.48 billion, up 62.7 per cent year on year, perhaps the highest in recent years amid the Ladakh impasse and the COVID-19 pandemic, according to data released by China’s Customs. Though Indian exports to China picked up with 69.6 per cent year on year increase, the trade …

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