Page 17 - India China Relations

India to top China among emerging markets, equities rally: Morgan Stanley

In the context of India being underweight in the average emerging markets portfolio, this is even better for foreign portfolio flows

'India's dependence on Chinese imports for MSME goods has been declining'

India's reliance on imports of MSME goods such as articles of leather, toys, and musical instruments from China is declining steadily, reflecting the country's efforts to diversify import sources and strengthen domestic production capabilities, an official said on Monday. On the other hand, dependency on imports of these goods from China by other countries like Brazil is increasing. Citing data, the official said that the concentration of musical instrument imports from China has decreased from 77.58 per cent in 2013 to 51.51 per cent in 2023. The share of imports of essential oils, cosmetics, and toilet preparations from China has also declined from 16.33 per cent in 2013 to 11.86 per cent in 2023. Similarly, the inbound shipments of toys and games from the neighbouring country have dipped from 76.7 per cent in 2013 to 70.97 per cent in 2023. "India's trend of reducing its reliance on Chinese imports, particularly in categories like articles of leather, ceramic products, toys, an

Given state of ties, Chinese investments need to be scrutinised: Jaishankar

Asserting that India has a "special China problem" which is over and above the world's "general China problem", External Affairs Minister S Jaishankar said Saturday the border and the state of relations with the country call for investments from there be scrutinised. Jaishankar said that if people are complaining of trade deficit with China and "we are too", it is because decades ago, "we consciously overlooked the nature of Chinese production and the advantages which they enjoyed in a system where they got a level playing field with all the advantages they brought to bed". "China in many ways is a unique problem because it is a unique polity, it is a unique economy. Unless one tries to grasp that uniqueness and understand it, the judgements, the conclusions and the policy prescriptions flowing out of it can be problematic," he said at the ET World Leaders Forum here during a session titled 'New India's Risks, Reforms and Responsibilities'. "There is a general China problem. We are

Eastern Ladakh row: India, China discuss situation along LAC to bridge gaps

India and China on Thursday held "frank, constructive and forward-looking" diplomatic talks on the situation along the Line of Actual Control to "narrow down" differences and find an early resolution to outstanding issues, the Ministry of External Affairs (MEA) said. The 31st meeting of the Working Mechanism for Consultation and Coordination (WMCC) on India-China Border Affairs was held in Beijing, the MEA said in a statement. During the meeting, it was reiterated that "restoration of peace and tranquillity, and respect for the LAC are the essential basis for the restoration of normalcy in bilateral relations", it said. In line with the guidance provided by the two foreign ministers' meetings in Astana and Vientiane in July to accelerate the discussions, and build on the WMCC meeting held last month, "the two sides had a frank, constructive and forward-looking exchange of views on the situation along the Line of Actual Control (LAC) to narrow down the differences and find early ...

At WMCC meet, India, China discuss LAC situation to narrow down differences

India and China on Thursday had a "frank, constructive and forward-looking" exchange of views on the situation along the LAC to "narrow down" differences and find an early resolution to outstanding issues, the MEA said. The 31st meeting of the Working Mechanism for Consultation & Coordination (WMCC) on India-China Border Affairs was held in Beijing, the Ministry of External Affairs (MEA) said in a statement. During the meeting, it was reiterated that "restoration of peace and tranquillity, and respect for the LAC are the essential basis for restoration of normalcy in bilateral relations", it said. In line with the guidance provided by the two foreign ministers' meetings in Astana and Vientiane in July to accelerate the discussions, and building on the WMCC meeting held last month, "the two sides had a frank, constructive and forward-looking exchange of views on the situation along the Line of Actual Control (LAC) to narrow down the differences and find early resolution of the ...

Indo-China naval race hots up as Indian, Chinese warships dock in Sri Lanka

Beijing is also continuing efforts to establish additional overseas military installations and secure access agreements, including in regions near New Delhi

India's China conflict and a JP angle in championing the 'Free Tibet' cause

In 'Muslim, Trader, Nomad, Spy', Sulmaan Wasif Khan writes about China's occupation of Tibet in 1950 and its attempts at assimilating an unfamiliar territory peopled by a strange mix of ethnicities

China deploys new laser weapon on amphibious navy ship. What we know so far

Recent incidents, such as the downing of Houthi drones in the Red Sea, have heightened interest in arming naval warships with directed energy weapons

'Caught napping at wheels': Cong slams govt over trade deficit with China

The Congress on Saturday hit out at the Centre over the issue of trade deficit with China and said that while other countries around the world had taken measures to restrict uncontrolled Chinese imports, "our government has been caught napping at the wheels". Congress general secretary in-charge communications Jairam Ramesh said the data revealed by the government in the Rajya Sabha shows that India's trade deficit with China has surged by about 16% over the last two years from USD 73,306.2 million in FY22 to USD 85,079.03 million in FY24. "Governments across the world are taking note of China's industrial overcapacity and its dumping of goods overseas. However, unlike most governments that have taken proactive measures to restrict uncontrolled Chinese imports, our government has been caught napping at the wheels," Ramesh said in a post on X. "Our domestic industries are being decimated and shutting down, unable to compete with the onslaught of cheap Chinese goods," the Congress ...

FDI from China better for local manufacturing boost: Niti member Virmani

Niti Aayog member Arvind Virmani on Sunday said it is better for India to get Chinese firms to invest and produce goods here to boost local manufacturing than to keep importing goods from the neighbouring country. Virmani was responding to a pitch made by the pre-budget Economic Survey on July 22 for seeking foreign direct investment (FDI) from China to boost local manufacturing and tap the export market. "So, there is a trade-off the way an economist looks at it...So, the trade-off is that if there are going to be some imports, which we are anyway going to import for 10 years, 15 years from China, then it is better to get Chinese firms to invest in India and produce the same goods here," he told PTI in an interview. As the US and Europe are shifting their immediate sourcing away from China, it is more effective to have Chinese companies invest in India and export the products to these markets rather than importing from the neighbouring country, according to the Economic Survey. "S

China begins atomospheric observation experiment in Mt Everest region

China has begun an observation experiment on land-atmosphere interactions in the Mount Everest Region in Tibet to study the interaction between the land surface and the atmosphere, a crucial component of ecological and climate systems. A research team from the Aerospace Information Research Institute under the Chinese Academy of Sciences will conduct the observational experiment using unmanned aerial platforms at a site on the northern side of Mount Everest, called Qomolangma in Tibet, situated at an average altitude of approximately 4,200 metres (15,960 feet). In the Mount Qomolangma region, land-atmosphere interactions not only affect the climate of the Qinghai-Xizang Plateau and its surrounding areas but also have the potential to influence the global climate through complex climate feedback mechanisms and atmospheric circulation, said Jia Li, a researcher at the Institute. Studying the Tibetan Plateau becomes imperative given the exponentially changing climatic conditions leadin

India, China to boost ties, bridge gaps between countries: Chinese diplomat

Chinese Consul General in Mumbai Kong Xianhua has said his country is ready to work with India to bridge the gap between the people of the two neighbours, recalling the Indian help during the Sino-Japanese war. The senior diplomat on Thursday visited the Indian Coast Guard Headquarters (West) to express gratitude to the maritime security agency for saving Chinese mariners over the past two years, an official statement said. Kong met Inspector General Bhisham Sharma, Commander of Indian Coast Guard (West), and said China is ready to work with India friends to bridge the gap between the people of the two countries and strengthen friendship. ... our two peoples will walk together like brothers and sisters, he said. The Indian Coast Guard and Indian Navy have jointly carried out a successful rescue mission to evacuate a Chinese mariner who was critically injured and suffering heavy blood loss on July 24, the statement said. The Indian Coast Guard responded immediately to the medical .

New advanced Chinese submarine may be in the works. Here's what we know

The new Chinese submarine could be an advanced variant of an existing class of conventionally-powered vessels that are also being built for Pakistan

Mallikarjun Kharge cites security challenges related to China and Pakistan

Citing security challenges related to China and Pakistan, Congress president Mallikarjun Kharge urged the Centre on Tuesday to take Parliament into confidence and alleged that in its "false bravado and hollow propaganda", it has forgotten that it also has the responsibility to protect India's strategic interests. Kharge said new developments at India's two-front security paradigm have yet again exposed the Narendra Modi government's rank apathy. "Is it not true that China has built and operationalised a bridge connecting the north and south banks of Pangong Lake, which allows it to have a strategic dominance in the sector, close to our LAC?" the Congress chief asked in a post on X. "Is it not a fact that China has started constructing a new village along the LAC in the Demchok sector, which along with Depsang, is a point of standoff, post-Galwan?" he asked. On Pakistan, Kharge asked whether it is not true that since Prime Minister Modi took oath, there have been 25 terror attacks i

Chinese bridge on Pangong lake operational, to be used by PLA troops, tanks

The Chinese bridge connects the two banks of the Pangong Tso lake in Eastern Ladakh and will help Chinese troops and tanks to access areas on the lake's southern banks

Jaishankar rules out any role for third party in border dispute with China

External Affairs Minister S Jaishankar on Monday ruled out any role for a third party in India's border dispute with China, saying the two neighbours have an issue and it is for them to find a way out. "We are not looking to other countries to sort out what is really an issue between India and China," Jaishankar said while responding to a series of questions at a press conference in Tokyo. Jaishankar, who is here to attend a Quad foreign ministerial meeting, also said that India's relationship with China is not good and it's not doing well. "We have a problem, or, I would say, an issue between India and China...I think it is for two of us to talk it over and to find a way," he said. "Obviously, other countries in the world would have an interest in the matter, because we are two big countries and the state of our relationship has an impact on the rest of the world. But we are not looking to other countries to sort out what is really an issue between us," he said, recalling his meet

India has highest trade deficit with China, gap narrowing: Piyush Goyal

India has the highest trade deficit with China in goods but the gap expanded at a lower pace during 2014-15 to 2023-24 as compared to the previous 10 years, Commerce and Industry Minister Piyush Goyal said on Friday. In a written reply to a question in the Rajya Sabha, the minister said that the trade deficit has increased by compound annual growth rate (CAGR) of 42.85 per cent during 2004-05 to 2013-14, while the same has come down to 6.45 per cent during 2014-15 to 2023-24 which clearly indicates the success of the government in containing rate of growth of excessive import growth from China during the past ten years. It may also be noted that from 2004-05 to 2013-14, trade deficit grew by approximately 24.8 times while it grew only by 1.75 times from 2014-15 to 2023-24, he said. "India has the highest merchandise trade deficit with China," Goyal said. India's exports to China in 2023-24 stood at USD 16.65 billion, while imports aggregated at USD 101.75 billion, leaving a trade .

China making inroads into key choke points in Indian Ocean: US lawmaker

China is making inroads into key choke points along the Indian Ocean and obstructing the right to freely navigate the waters, an influential American lawmaker has said, expressing concerns over increasing Chinese investment in South Asia. Congresswoman Young Kim, who is chairman of the Subcommittee on Indo-Pacific in the House Foreign Affairs Committee, said South Asia holds immense significance for the US foreign policy and national security interests. The region faces a dynamic geopolitical landscape that presents challenges for the US policy objectives. The Indian Ocean is a crucial channel for global trade, an estimated 80 per cent of maritime oil trade and 40 per cent of world trade passes through the Indian Ocean, she said. CCP is making inroads into key choke points along these routes and obstructing the right to freely navigate the waters. In recent years, we have seen Chinese ports in Pakistan and Sri Lanka, military installations in Djibouti and infrastructure investments

Budget 2024: Border infra gets boost as China builds bunkers, bridge at LAC

Govt committed to improving border infra through higher budgetary allocation to agencies executing strategically-significant projects, says Ministry of Defence

India to fast-track China visas after businesses complain of delays

Businesses say restrictions are hurting the country's ability to become a manufacturing hub