This ad will auto close in 10 seconds

India's trade deficit with China at $8 bn in April-May: Sitharaman

India`s trade deficit with China touched $8 billion during April-May of this fiscal, while the figure for 2014-15 has grown to $48.47 billion from $36.2 billion in 2013-14, parliament was told on Friday.

Imbalanced trade not in India, China's interest: V K Singh

India Thursday said "imbalanced" trade with China leading to a yawning USD 47 billion trade deficit needs to be "pro-actively" addressed through improved market access for Indian products with competitive advantage like those in IT and agro.

India's trade deficit with China rose to $37.8 bn in 2014

India's trade deficit with China rose to a whopping USD 37.8 billion last year even as bilateral trade picked up, totalling USD 70.59 billion, a year on year increase of 7.9 per cent.

Trade imbalance not sustainable: India tells China

India has conveyed to China that the trade imbalance of around 36 billion USD is "not sustainable", prompting the two sides to decide on an expert-level meeting to address the issue.

China emerges as India's top trading partner: Study

India's eastern neighbour China has emerged as its biggest trading partner in the current fiscal replacing the UAE and pushing it to the third spot, according to a study conducted by PHD Chamber of Commerce.

PM takes up trade imbalance issue with Li

Prime Minister Manmohan Singh on Wednesday raised India's concern over the "unsustainable" imbalance in trade with China.

India welcomes Chinese investment: PM

Ahead of his three-day visit starting Tuesday, Prime Minister Manmohan Singh has welcomed Chinese investment and the proposal to establish a Chinese Industrial Park in India to boost bilateral trade ties.

China promises to address trade deficit ahead of Li's visit

During Li's visit the two countries will hold the China-India CEO forum meeting and the China-India cooperation summit, he said.

SED to focus on mutually beneficial cooperation: China

Ahead of the Sino-India Strategic Economic Dialogue to be held in New Delhi next week, China has promised to encourage its firms to invest in Indian infrastructure projects and to expand "mutually beneficial cooperation".

India seeks to modify tax pact with China to fight black money

India is looking to broaden the scope of its nearly two-decade old taxation treaty with China to facilitate the exchange of banking and tax information for fighting the menace of black money.

China looks for alternatives as India iron exports fall

A decline in iron ore exports from India following a crackdown by the government to check illegal mining has prompted China to begin exploring alternate markets to source its requirement of the mineral, a senior official of China Minmetals Corporation said on Friday.

China wants long-term agreements with Indian iron ore firms

Against the backdrop of a slump in demand for the iron ore in his country, a senior Chinese embassy official on Thursday said there was a need to establish long term trade agreements and a new pricing system with India for maintaining demand and supply equilibrium.

Indian trade negotiators ramp up currency pressure on China

China and India rarely lock horns in public -- but that might be about to change. Sick of a ballooning trade deficit, Indian trade negotiators are ramping up pressure on China with talk of duties on some goods, starting with power equipment. Tit-for-tat tariffs don't help anyone, but if India took a more aggressive stance on its trade partner's undervalued currency, it would add weight to the debate.

India, China agree to deepen bilateral investment, open markets

Holding their first comprehensive Strategic Economic Dialogue (SED) here on Monday, India and China have reached an understanding to deepen bilateral investment cooperation, further open up markets to each other and improve the investment environment.

Sino-India bilateral trade maintains strong momentum into 2011

Bilateral trade between India and China maintained its rapid growth momentum into 2011, crossing USD 35 billion in the first half of the current calendar year, a 16 percent rise vis-a-vis the corresponding period of 2010, according to China's Ambassador to India, Zhang Yan.