India China Trade

S Jaishankar, Chinese counterpart discuss bilateral ties, border peace

External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi discussed developments in Sino-India ties, management of peace and tranquillity along border areas, and Kailash Mansarovar Yatra resumption, during their meeting in South Africa, the MEA said on Friday. The two ministers met on the sidelines of the G20 Foreign Ministers Meeting in Johannesburg. The meeting lasted for about 30 minutes, MEA Spokesperson Randhir Jaiswal told reporters in response to a query during his weekly briefing. "The two ministers reviewed developments in our bilateral relations since their last meeting in November. Management of peace and tranquillity along border areas, Kailash Mansarovar Yatra resumption, flight connectivity and travel facilitation were discussed," he said. There was also an exchange of views on G20 and SCO, he added. Jaishankar is in Johannesburg on a two-day visit to South Africa to participate in the G20 Foreign Ministers' Meeting.

Review of Chinese investment ban in India unlikely anytime soon, says CEA

A review of the nearly five-year old restrictions on Chinese investments into India is unlikely in the near future, a senior official said on Tuesday. Chief Economic Advisor V Anantha Nageswaran said both countries have to understand the importance of mutual dependence and mutual benefits. "I don't think it is something you would expect to see immediate results because both sides are crossing the river by feeling the stones, so to speak," Nageswaran said, replying to a specific question on whether any changes are afoot. It can be noted that following violent clashes between Indian and Chinese soldiers in Galwan valley in 2020, the Indian government introduced measures restricting investments from countries sharing a land border with India that was taken to be an attempt to restrict Chinese play. Speaking at the IVCA event here, Nageswaran did acknowledge that both countries have been engaged in a conversation on the trade imbalances, probably drawing from the parleys on various iss

India, China agree to resume Kailash Mansarovar Yatra in 2025: MEA's secy

India and China on Monday decided to resume the Kailash Mansarovar Yatra as the two sides agreed to take certain people-centric steps to "stabilise and rebuild" ties. The Ministry of External Affairs (MEA) said this following Foreign Secretary Vikram Misri's talks with his Chinese counterpart Sun Weidong in Beijing. It said the two sides also agreed in principle to resume direct air services between the two countries. "As agreed between Prime Minister Narendra Modi and President Xi Jinping at their meeting in Kazan in October, the two sides reviewed the state of India-China bilateral relations comprehensively and agreed to take certain people-centric steps to stabilize and rebuild ties," the MEA said. "In this context, the two sides decided to resume the Kailash Mansarovar Yatra in the summer of 2025," it said. The MEA said the two sides also agreed to hold an early meeting of the India-China expert level mechanism to discuss resumption of provision of hydrological data and other

India's finished steel imports from China hit 7-year high in April-Dec

China, the world's top steel producer, shipped 2.1 million metric tonnes of finished steel to India during April-December, up 13.3 per cent year-on-year, the data showed

Govt seeks inter-ministerial clarity on Chinese bidders' registration

DPIIT asks ministries to submit inputs within 30 days of application

How China's export curbs are hurting Indian manufacturing growth

China's export restrictions on critical equipment have disrupted India's manufacturing sector, affecting industries like electronics, solar panels, and EVs, and delaying growth plans

Here's why developing nations are leading trade investigation against China

China faced record 160 trade investigations in 2024, with developing nations leading the pushback over overcapacity concerns; India, EU, and Brazil top the list of initiators

China assures its world's biggest dam will not affect water flow to India

China on Monday reiterated its plan to build the world's biggest dam over the Brahmaputra River in Tibet near the Indian border, saying the planned project has gone through rigorous scientific verification and will not have any negative impact on downstream countries -- India and Bangladesh. The project, estimated to cost around USD 137 billion, is located in the ecologically fragile Himalayan region along a tectonic plate boundary where earthquakes occur frequently. China's construction of the hydropower project over in the Yarlung Tsangpo River (the Tibetan name for Brahmaputra River) downstream has gone through rigorous scientific verification and will not have any negative impact on the ecological environment, geology and water resources of the downstream countries, Chinese Foreign Ministry's new spokesman Guo Jiakun told a media briefing here. On the contrary, it will be conducive to downstream disaster prevention and mitigation and response to climate change to a certain exten

Why India and China should admit that their economies are intertwined

A lot has changed. Both nations are more than a little concerned about how they will revive slowing growth

China extends reduced visa fees for Indians: Rs 2900 until Dec 2025

The single-entry visa is priced at Rs 2,900, while double-entry visas will cost Rs 4,400. For those seeking longer stays, a six-month multiple-entry visa is available for Rs 5,900

China praises Manmohan Singh's role in strengthening Sino-India ties

China on Friday paid tributes to former prime minister Dr Manmohan Singh saying that he made a positive contribution to the development of India-China relations recalling key agreements signed between the two countries during his tenure to address the vexed boundary issue. Singh was a senior politician and renowned economist of India and had made a positive contribution to the development of India-China relations, Chinese Foreign Ministry spokesperson Mao Ning told a media briefing here replying to a question on Singh's legacy to the improvement of the ties between the two countries. When he was prime minister, China and India announced the establishment of the strategic cooperative partnership for peace and prosperity and reached an agreement on the political parameters and guiding principles for the settlement of the India-China boundary question, Mao said. China expresses deep condolences on his passing and extends its sympathy to the Indian government and people and Singh's ...

Govt initiates anti-dumping probe into LNG fuel tanks imports from China

India has initiated a probe into alleged dumping of LNG fuel tanks from China following a complaint by a domestic player, according to a commerce ministry notification. The commerce ministry's investigation arm, Directorate General of Trade Remedies (DGTR), is probing the dumping of liquified natural gas (LNG) fuel tanks as imports are allegedly hurting the margins of the domestic industry. Inox India Ltd has filed an application seeking the imposition of anti-dumping duty, stating that the cheap imports are causing material injury to the domestic industry. The tanks are used to contain and carry methane gas in large vehicles such as trucks. "On the basis of the duly substantiated written application submitted by the domestic industry and having reached satisfaction based on the prima facie evidence submitted by domestic industry about dumping of subject goods...the Authority, hereby, initiates an anti-dumping investigation," the DGTR has said in a notification. If it is establish

Chinese firms Xiaomi, Haier tap reserves, loans for expansion in India

Faced with delays in equity funding approvals, Chinese companies such as Xiaomi, SAIC, and Haier are turning to cash reserves and loans to fund their expansion plans in India

China's Hisense eyes 26% stake in Epack's manufacturing facility in India

Epack Manufacturing Technologies, which is building a major production facility in Andhra Pradesh for Hisense, expects $1 billion in additional revenue in the next five years from the Hisense partners

India, China aim for mutually acceptable settlement of boundary issue

NSA attended first meeting of Special Representatives since 2020 border clashes, held in Beijing

Prez Xi stressed improving ties during meeting with PM Modi: Chinese FM

Chinese Foreign Minister added that Beijing is working with New Delhi to find the right and bright path for big, neighbouring countries to live in harmony and develop side by side

In two minds on China: Policymakers split over attracting Chinese FDI

Following the Galwan clash between the two countries' forces in 2020, India imposed restrictions on investments from countries it shares a land border with to curb opportunistic takeovers

Indian biz should take balanced approach in dealing with China: Jaishankar

Indian businesses should take a "balanced" approach in dealing with China as excessive dependence on its supply chain could be detrimental to India's national interest, External Affairs Minister S Jaishankar said on Thursday. In an interactive session at industry chamber Assocham, he said the recent resolution of the issues in the remaining friction points along the Line of Actual Control (LAC) in eastern Ladakh has resulted in "some progress" but there is a need for further discussions. To a question on evolving relations with China, he said with that country accounting for 32-33 per cent of global manufacturing, it is logical that several supply chains will have to go through China. "It is a reality which we will have to factor (that) into our calculations." "But it is also a fact that if you become excessively dependent on a single supply chain or in the name of supply chain, you open up your market that it is no longer a supply chain, but your sectors are getting hollowed out.

India's steel imports from China hit record high, latest data shows

China, the world's biggest steel producer, shipped 1.7 million metric tons of finished steel to India during April-October, a 35.4 per cent increase year-on-year, the data showed

Apple taps over 40 Indian companies for supply chain as China ties strain

Apple has partnered with over 40 Indian firms, including Dixon, HCLTech, and Wipro, to strengthen its local supply chain as Chinese partners face legal and tax challenges in India