China has said it values India's concerns on the bilateral trade imbalance and is willing to discuss new approaches to address the issue and asked New Delhi
India for long has been pressing China to open its pharmaceutical market for Indian pharma exports to address the yawning trade deficit which last year according to Chinese figures, crossed USD 57 billion in a USD 95.5 bil ..
China's new Ambassador to India Sun Weidong said, "China highly values India's concerns on trade imbalance. But I have to point out that we have never deliberately pursued a trade surplus against India."
China for its part, Sun said has taken measures to increase import of rice and sugar and accelerated the process of review and approvals of Indian pharmaceuticals and agricultural goods.
He said latest figures show that China's imports of Indian goods grew by 15 per cent and more Indian goods have found their way to the Chinese market.
to join Beijing in its fight against "unilateralism and protectionism" amidst a bruising trade war with the US.
India for long has been pressing China to open its pharmaceutical market for Indian pharma exports to address the yawning trade deficit which last year according to Chinese figures, crossed USD 57 billion in a USD 95.5 bil ..
China's new Ambassador to India Sun Weidong said, "China highly values India's concerns on trade imbalance. But I have to point out that we have never deliberately pursued a trade surplus against India."
He said latest figures show that China's imports of Indian goods grew by 15 per cent and more Indian goods have found their way to the Chinese market.
to join Beijing in its fight against "unilateralism and protectionism" amidst a bruising trade war with the US.
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