The Chinese Ambassador XU Feihong said on Tuesday, September 23, that economic and business cooperation between China and India continues to grow and has significant potential. He also said that China was ready to develop “friendly exchanges” with India in all areas to further deepen mutual understanding and friendship between the two countries.
The Chinese Ambassador to India, Delhi, XU Feihong, said: “Economic and business cooperation in India, India, is still expanding and has great potential … China is ready to work with India to strengthen mutually beneficial cooperation in various fields and create more common cakes.”
He said, “We are ready to move in friendly exchanges with India at all levels and in all sectors, and further deepen mutual understanding and friendship.”
The Chinese ambassador said, “We should maintain dialogue and communication … We should transfer five principles of peaceful coexistence and truly respect mutual interests and main concerns. We should not afford the border question that has been left from the past to define current relations in China-India, or let specific differences be influenced by comprehensive cooperation.”
Recently, China has opposed 50 % of Trump Administration on Indian products that have called them “unfair and disproportionate” and promoted to expand the economic ties between the two countries to face this challenge.
Xu Feihong said: “Trade War (has been) launched USA. International trade should complement each other and lead to mutually beneficial mutual cooperation. The US has long benefited from free trade. However, it now uses tariff as a type of weapon or tool.”
“The US reports tariffs up to 50 percent of India. It is unfair, disproportionate, China will stand firmly,” said the Chinese ambassador, adding that India and China should explore how to face this “threat”.
Previously, during the SCO PM Narendra Modi Summit and Chinese President Xi Jinping, India and China were developing partners, not opponents, because they discussed ways to improve business links in global uncertainty of tariffs.
“We are determined to proceed our relationships based on mutual respect, trust and sensitivity,” he said during the meeting on the PM Modi Summit.
(Tagstotranslate) Chinese Ambassador in India (T) XU Feihong (T) China-India Economic Cooperation (T) Mutually beneficial cooperation (T) Five principles of peace coexistence
