Business Standard

Can we have our cake and eat it too?

What the trade war might offer for India-China economic engagement

India China relations, trade war

The pressures now faced by China from the USA should make it look at expanding its investment and trade with India, and thus examine the Sino-Indian bilateral trade deficit with greater care

Ravi Bhoothalingam New Delhi
The trade war launched by President Trump against China is in high gear. Chinese exports to the USA worth $250 billion are now subject to additional imposts. A further $250 billion could suffer similar — or worse — treatment, if China does not take steps to rectify “unfair” practices in its trade and intellectual property regimes. Another blow is the USA’s recent renegotiation of its free trade agreement with Canada and Mexico (USMCA) which contains a significant clause — that any party to that treaty can pull out of it if one of them signs a free trade agreement with
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Oct 31 2018 | 8:42 PM IST

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