China is ready to import More indian products..!?

The India-China trade deficit has reached almost $ 100 billion. india has been trying to reduce this deficit for a long time. china, which is in crisis due to Trump's tax policy, has announced a big concession to India. Not only will it reduce the trade deficit, but china has also offered to work with india for this. Chinese Ambassador Xu Feigong, in an interview with the Times of india, said that china is keen to improve relations with India. He also said that china is ready to reduce the trade deficit by increasing exports of indian goods. He expressed confidence that Chinese companies will also get a favorable environment in india and that bilateral economic cooperation will improve. He noted that high-quality indian products will be welcomed in the Chinese market, which will further strengthen trade relations.
Chinese Ambassador Xu Feigong said that economic and trade relations between india and china will benefit both countries. Regarding the trade deficit, he said that china is not deliberately trying to increase the trade surplus and that the reason for this is the market situation and the changing economic environment. However, china is ready to reduce the trade deficit with India. Xu Feigang expressed confidence that india will take China's concerns seriously and provide a fair, transparent, and non-discriminatory environment for Chinese businesses. He said that indian companies can participate in various exhibitions such as the china International Import Expo, the China-Asia Expo, and the china International Consumer Goods Expo to interact with Chinese buyers and consumers.
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Sowmiya Sriram

20/04/2025 11:22 AM