 "PM Modi, Xi Jinping")
Prime Minister Narendra Modi and Chinese President Xi Jinping concluded their second informal summit on Saturday, rekindling the “Wuhan spirit” of their previous such meeting with “Chennai connect”. Xi promised to address India’s concerns on its trade deficit with China as well as its misgivings on the Regional Comprehensive Economic Partnership (RCEP) free-trade pact.
The two sides agreed to set up a new “high-level economic and trade dialogue mechanism” to enhance trade and commercial ties. Chinese Vice Premier Hu Chunhua and Finance Minister Nirmala Sitharaman will head the mechanism, which will also identify sectors for mutual investments for joint manufacturing
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