Beijing's newest export controls target construction equipment - including tunnel-boring machines, some of the world's largest and most complex industrial devices
Commerce and Industry Minister Piyush Goyal has expressed hope that India would emerge as a major exporter of goods and services to China and the ASEAN region in the coming years. Goyal said he held meetings with his Chinese counterpart in Yaounde, Cameroon, and in New Delhi on the sidelines of the BRICS Summit. He added that India was open to promoting free and fair trade with every country. "They (China) are also providing us important intermediate goods, important raw materials. If in any particular product, we find that the fair play or pricing is not proper, then there's an established judicial process, which is conducted. Other than that, we believe in the rules of fair play; we believe in the rules of open trade ...we welcome suppliers to meet the growing needs of India," Goyal told reporters here. He was replying to a question on India-China trade relations in the coming years. The minister was here on a two-day official visit. "We are looking to open markets in different
Today's editorials and columns examine the trade-offs shaping India's economic policies, from China trade and poverty reduction to rupee management and the hidden costs of clean energy
New Delhi must find ways to prise open China's markets
Finance Minister said that Chinese non-tariff barriers are restricting Indian exports of generic drugs, beef, and vegetables, complicating efforts to strengthen trade and improve bilateral relations
The increase, however, comes off a relatively low base and has done little to narrow India's vast trade imbalance with its neighbor
Just let loose the instincts of natural traders. Trade may not guarantee border peace but it will increase the cost of war
Commerce Secretary Rajesh Agrawal said both sides would continue discussions on structural trade imbalances, supply chain issues and building mutual trust
Concerns on trade imbalance, supply chain issues and market access to be addressed, says MEA
China supplied at least 80 per cent of India's imports across 71 electronics product lines in 2025-26, with dependence concentrated in key upstream components
Ahead of the Brics Summit, China called India-China trade ties mutually beneficial and urged New Delhi to ensure a fair, transparent and non-discriminatory business environment for Chinese firms
What makes the Chinese export surge today different from its first, in the 2000s?
The tax rates will remain unchanged from previous rulings, ranging between 7.4 per cent and 30.6 per cent across different Indian exporters
The cross-border trade between India and China through Shipki La, known as the ancient silk route joining India with Tibet, resumed on Saturday after a gap of six years. Revenue and Horticulture Minister Jagat Singh Negi on Saturday flagged off 16 traders after presenting traditional Khataks (ceremonial scarves) along with their horses towards Shipki village in Tibet. The minister said that the exchange of various goods would take place via a barter system and that the traders would have to return after conducting trade in the Tibetan region for 72 hours. He also inaugurated a modern trade mart (Chhuppan Trade Mart) constructed in the Shipki La area in the border Gram Panchayat of Namgya in Himachal's Kinnaur district at a cost of Rs 1.70 crore to facilitate border trade, a statement issued here said. The minister urged local traders to strictly adhere to the import-export regulations prescribed by the Union Ministry of Commerce, ensuring transparency and compliance with the ...
The IEA warns China's rare earth export curbs could disrupt $6.5 trillion worth of global manufacturing. How vulnerable is India's fast-growing EV industry?
Rakesh Mohan, a member of the Prime Minister's Economic Advisory Council, said India should attract greater Chinese investment and strengthen trade ties to create jobs and boost exports
China opening its market to Indian products, especially pharmaceuticals, coupled with investments in New Delhi, will be "good for the larger country-to-country relationship", envoy Vikram Doraiswami said on Saturday. "Obviously, we would like to be able to export more to China. There is nothing unreasonable about suggesting that, particularly in areas where we believe we have a competitive advantage such as pharmaceuticals," the Indian ambassador said. The envoy made these remarks during a a panel discussion on Protectionism and Global Economic Governance at the World Peace Forum organised by China's Tsinghua University here. "For instance, we're one of the world's biggest exporters of pharmaceuticals to advanced markets," he said, answering a question on India, China trade and investment ties. Trade and commerce constitute an important component of India-China relations. China has overtaken the US to emerge as India's largest trading partner in 2025-26, with bilateral trade reach
The first batch of 26 Indian traders is expected to enter the Chinese territory of Tibet through the Lipulekh pass on June 26, marking the resumption of border trade after a six-year hiatus, according to administrative sources in Dharchula. Ashish Joshi, Trade Officer and Dharchula Sub-Divisional Magistrate (SDM), said that 26 trade passes have been issued, which include 17 traders and nine helpers. A customs office has also been opened at Gunji to facilitate the process. "We expect the first batch of Indian traders to reach Tibet on June 26, as they have already stored their goods in warehouses at villages near the Lipulekh pass," Joshi said. The administration has received applications from more than 103 traders and is currently planning to issue trade passes for a second batch of 25 traders shortly. To assist the traders, the administration has designated a spot near Nabhidhang for mules and horses to transport goods to the Lipulekh pass, which is located nearly 600 metres from
China accounts for around 16 per cent of India's total imports, but its dominance is significantly higher in industrial goods, supplying as much as 30.8 per cent of the country's requirements, think tank GTRI said on Tuesday. The country's imports increased to USD 774.98 billion in 2025-26. Out of this, USD 131.63 billion was from China. Dependence on a single supplier for critical inputs leaves sectors like pharmaceuticals, electronics and clean energy exposed to disruptions, whether geopolitical or commercial, it said. The GTRI analysis said that about 66 per cent of India's imports from China, valued at USD 82.6 billion, are clustered in electronics, machinery, computers, and organic chemicals. China accounts for 43 per cent of India's electronics imports, 40 per cent of machinery and computer imports, and 44 per cent of organic chemicals. "These are not discretionary purchases but core inputs that feed directly into India's manufacturing ecosystem," Global Trade Research ...
Anta's return comes as Indian consumers show renewed appetite for Chinese brands - from electric cars to smartphones - and as ties between the two countries show signs of improvement