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‘New solutions needed’: China on widening trade deficit with India


India’s trade deficit with China was 391.7 billion yuan ($56.8 billion) in 2019, an official from China’s General Administration of Customs (GAC) said.

business Updated: Jan 16, 2020 21:46 IST

Prime Minister Narendra Modi meeting the President of the People’s Republic of China, Xi Jinping, on the sidelines of 2019 BRICS Summit, in Brazil. (ANI Photo)

China on Thursday said there was a need to find “new solutions” to the widening trade deficit with India after latest statistics from the Chinese customs revealed that the deficit accounted for more than 60 percent of bilateral ...


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