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China says taking ‘series of measures’ to address India’s concern over mounting trade deficit


The trade volume between India and China declined by about USD three billion last year while India's trade deficit continues to be high amounting to USD 56.8 billion as both countries experienced economic slowdown, according to the data released by the Chinese customs on Tuesday.

Summing up the India-China bilateral trade figures, state-run Global Times on Wednesday said China’s trade surplus now accounted for about 60 per cent of the bilateral trade.

China on Thursday assured India that it is taking a “series of measures” to address India’s concern over the mounting trade deficit which last ...


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