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China Commerce Minister arrives today: India to push on huge trade deficit

India's import from China was $61.3 bn and exports stood at a much lesser $10.2 bn, leaving in its wake a massive $51.1 bn trade deficit in 2016-17

China Commerce Minister arrives Monday: India to push on huge trade deficit
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Subhayan Chakraborty New Delhi
Chinese Commerce Minister Zhong Shan reaches New Delhi on Monday for official trade talks. In the backdrop of a possible trade war between the United States and China, India is looking to get China to reduce tariffs on our export, senior government officials suggested.
 
The bilateral engagement, under the aegis of the India-China joint economic forum, will be significant for India since Beijing has decided to discuss India’s ballooning trade deficit, commerce and industry minister Suresh Prabhu said.
 
India’s import from China was $61.3 billion and exports stood at a much lesser $10.2 billion, leaving in