Yu Jing, a spokesman for the Chinese embassy in India, said on Tuesday that relations with India are at the decisive phase of improvement and development, with both countries trying to move bilateral relations forward on the sound and permanent track.
“Relationships in China-India are at a fundamental stage of improvement and development. We are ready to work with India to move bilateral relations forward to a sound and constant track,” Jing said in the X report.
The Chinese Embassy in India also welcomed the ongoing peace talks between India and Pakistan and emphasized China’s commitment to regional stability. Yu said China carefully monitors development and actively supports the dialogue between the two nations.
“In recent weeks and months, China has closely monitored the development between India and Pakistan, has actively promoted peace interviews and worked on maintaining regional levels and stability. China welcomes and supports India and Pakistan in proper settings and is looking for basic solutions through dialogue and consultation.
Bilateral relations between India. China
In the middle of the growing business imbalance thanks to the tariffs of US President Donald Trump around the world – the Indian deficit with China reached $ 99.2 billion. In the current scenario, China addressed economic cooperation. In a recent interview with The Times of India this year, the Chinese Ambassador XU Feihong said that the Chinese intention to welcome premium Indian goods and help Indian businesses to use a massive consumer market.
The message of the Chinese ambassador signaled a potential shift in economic dynamics between the two nations, despite increased uncertainty of global trade due to Trump tariffs. While the Chinese market represents Indian exporters commercial opportunities, XU also called for India to create more levels for Chinese businesses operating within its borders to support deeper cooperation.
Indian trade deficit with China rose to a record level in the fiscal year ending in March 31, almost touched by a brand of $ 100 billion, the latest government data showed, although officials fear that the Indian market can see the reduction of Chinese goods.
India exported goods worth $ 14.25 billion to China in the years 2024-25, which is 14.4 % of DIP from $ 16.66 billion in the previous financial year (2023-24), according to detailed business data published by the Ministry of Commerce.
In the years 2024-25 India imported Chinese goods worth $ 113.45 billion, 11.5 % jump from $ 101.73 billion imports the previous financial year. The data showed that India’s imports from China have seen robust two -digit growth, while Indian exports to the country have closed, leading to a huge business deficit of $ 99.2 billion.
(Tagstotranslate) Chinese Embassy in India
