Yu Jing, spokesperson of Chinese language Embassy in India on Tuesday mentioned that relations with India are at a vital stage of enchancment and growth, with each nations working to maneuver bilateral relations ahead on a sound and regular monitor.
“The China-India relations are at a vital stage of enchancment and growth. We stand able to work with India to maneuver bilateral relations ahead on a sound and regular monitor,” Jing mentioned in a message on X.
The Chinese language Embassy in India additionally welcomed the continuing peace talks between India and Pakistan, emphasising China’s dedication to regional stability. Yu said that China has been carefully monitoring the developments and actively selling dialogue between the 2 nations.
“Over the previous weeks and months, China has carefully adopted the developments between India and Pakistan, actively promoted talks for peace, and labored to take care of regional peace and stability. China welcomes and helps India and Pakistan in correctly settling variations and in search of basic options by way of dialogue and session. China stands able to proceed taking part in a constructive position to this finish,” she wrote on X.
India-China bilateral relations
Amid the rising commerce imbalance resulting from US President Donald Trump’s tariff hikes worldwide – India’s deficit with China hit $99.2 billion. Within the present situation, China has reached out for financial collaboration. In a current interview with The Occasions of India in April this yr, Chinese language Ambassador Xu Feihong mentioned China’s intent to welcome premium Indian items and assist Indian companies faucet into China’s huge shopper market.
The Chinese language Ambassador’s message signalled a possible shift within the financial dynamics between the 2 nations regardless of heightened global trade uncertainty resulting from Trump tariffs. Whereas China’s market presents industrial alternatives for Indian exporters, Xu additionally urged India to create a extra stage taking part in discipline for Chinese language enterprises working inside its borders to foster deeper cooperation.
India’s trade deficit with China surged to a report stage within the fiscal yr ended March 31, virtually touching the $100 billion-mark, newest authorities knowledge confirmed, at the same time as officers concern that the Indian market might even see lowering Chinese language items, with the US slapping a 245 per cent tariff on imports from China.
India exported items value $14.25 billion to China in 2024-25, a 14.4 per cent dip from $16.66 billion the earlier monetary yr (2023-24), based on detailed commerce knowledge launched by the commerce ministry.
In 2024-25, India imported Chinese language merchandise value $113.45 billion, a 11.5 per cent soar from $101.73 billion imported the earlier monetary yr. The information confirmed India’s imports from China registered a sturdy double-digit development whereas Indian exports to the nation contracted, main to large commerce deficit of $99.2 billion.