China, India to sign $6.8 bln deal to establish industrial parks - China official

NEW DELHI (Reuters) - China and India will sign a $6.8 billion deal to establish two industrial parks aimed at reducing trade imbalances, Wang Hejun, economic and commercial counselor of the Chinese embassy in India said on Wednesday.

Chinese President Xi Jinping is in India for a three-day visit as the two Asian giants take steps to boost commercial ties.

(Reporting by Manoj Kumar)