Page 4 - India China Trade

China welcomes PM Modi's visit to Tianjin for SCO summit this month

China on Friday welcomed Prime Minister Narendra Modi's planned visit to the Tianjin summit of the Shanghai Cooperation Organisation (SCO) to be held later this month. After a gap of over seven years, Prime Minister Modi is expected to travel to China later this month to attend the annual summit of the SCO, people familiar with the matter in Delhi said this week. China welcomes Prime Minister Modi for the SCO Tianjin Summit, Foreign Ministry spokesperson Guo Jiakun said while answering a query on reports that Modi's visit to China to attend the Tianjin summit. We believe that with the concerted effort of all parties, the Tianjin summit will be a gathering of solidarity, friendship and fruitful results, and the SCO will enter a new stage of high-quality development featuring greater solidarity, coordination, dynamism and productiveness, he said. China will host the SCO Summit in Tianjin from August 31 to September 1. Leaders of over 20 countries, including all member states of the

FTAs may give India a share in $875 bn imports to EU, UK from China: BCG

India's proposed free trade agreement (FTAs) with the European Union could unlock access to a USD 875 billion market and bring tariff parity with ASEAN peers as the country navigates a critical juncture in the evolving global trade landscape, Boston Consulting Group (BCG), India-head Rahul Jain said. Last month, India and the UK inked a landmark FTA that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around USD 34 billion annually. The FTA is expected to benefit 99 per cent Indian exports from tariff. "The global trade environment is undergoing a structural transformation where geopolitics and economic nationalism are becoming as important as cost-efficiency and comparative advantage. Trade today is increasingly influenced by preferential access for partner nations, punitive tariffs and sanctions for adversaries and incentives that are rewiring supply chains to boost domestic production in strategic sectors," he told PTI. The ...

India's DAP imports from China fall to 97,000 tonnes in July amid new rules

India's import of Di Ammonium Phosphate (DAP) from China has declined sharply and stood at 97,000 tonnes in July this year, Parliament was informed on Friday. DAP is the second most consumed fertiliser after urea in India. Minister of State for Chemicals and Fertilisers Anupriya Patel said DAP import from China declined from approximately 22.28 lakh tonnes in 2023-24 to about 8.47 lakh tonnes in 2024-25 as reported by fertiliser companies. "In July 2025, approximately 0.97 lakh tonnes of DAP have been imported from China," the minister said in a written reply to the Lok Sabha. Phosphatic and Potassic (P&K) fertilisers, including DAP, are under Open General License (OGL). The fertiliser companies are free to import/manufacture these fertilisers as per their business dynamics. Citing reasons for the decline in DAP import, the minister said in October 2021, China amended its catalogue of commodities requiring mandatory additional inspection prior to export of fertiliser-related ...

Govt open to idea of China joint ventures in electronics manufacturing

Meity allows Dixon-Longcheer venture

China's Chery to supply EV tech for JSW's new auto brand, to debut by 2027

JSW will launch its electric vehicle brand in India by 2027, in partnership with China's Chery Automobile, which will supply components and technology. The vehicles will be manufactured in Maharashtra

Welcoming the dragon: India can gain from easing restraints on Chinese FDI

The NITI Aayog's proposal for Chinese companies to acquire stakes of up to 24 per cent would also balance investor interests with misgivings in Indian policy

China starts building world's largest dam on Brahmaputra in Tibet

China on Saturday formally started the construction of the USD 167.8 billion dam over the Brahmaputra river in Tibet, closer to the Indian border in Arunachal Pradesh. Chinese Premier Li Qiang announced the start of the construction of the dam at a ground-breaking ceremony in the lower reaches of the Brahmaputra river, locally known as Yarlung Zangbo, at Nyingchi City, official media reported. The ceremony took place at the dam site of Nyingchi's Mainling hydropower station in Tibet Autonomous Region, state-run Xinhua news agency reported. The hydropower project, regarded as the biggest infrastructure project in the world, raised concerns in the lower riparian countries, India and Bangladesh. The project will consist of five cascade hydropower stations, with a total investment estimated at around 1.2 trillion Yuan (about USD 167.8 billion), the report said. According to a 2023 report, the hydropower station is expected to generate more than 300 billion kWh of electricity each year

Donald Trump makes China great again as it grows bolder with India

Assumptions about US' decline are making China bolder and more overbearing in its approach towards India

Jaishankar meets China's Xi Jinping in Beijing, discusses bilateral ties

During their meeting, Jaishankar apprised the Chinese premier of of the recent development in the bilateral ties of the two countries

Jaishankar meets China's foreign minister Wang Yi, looks to strengthen ties

Jaishakar is on a three-day visit to Beijing for attending the Shanghai Cooperation Organisation (SCO) Foreign Ministers' Meeting on July 14 and 15

S Jaishankar to visit China for SCO foreign ministers' meet in Tianjin

External Affairs Minister S Jaishankar will travel to China to participate in the foreign ministers' meeting of the SCO bloc in the Chinese city of Tianjin next week, an official announcement here said on Saturday. The Meeting of the Council of the Ministers of Foreign Affairs of the SCO will be held in Tianjin on July 15, a statement by a spokesperson of the Chinese Foreign Ministry here said on Saturday. In addition to attending the SCO meeting, Jaishankar will also pay a visit to China, the spokesperson said, without specifying it. At the invitation of the member of the Political Bureau of the Communist Party of China and Foreign Minister Wang Yi, foreign ministers of other SCO member states and heads of the bloc's permanent bodies will attend the meeting, the statement said. The ministers will exchange views on SCO cooperation in various fields and major international and regional issues, it said. The SCO comprises 10 member states - China, Russia, India, Iran, Kazakhstan, ...

India plans to kickstart rare-earth magnet output to cut China dependence

The policy blueprint is likely to be submitted for cabinet approval soon, the people said. The final outlay for the program is subject to internal consultations and could change

Choking China+1? Chinese govt actions against Apple, Foxconn won't deliver

The Chinese elite has traditionally had a lofty disdain for India. You could argue that being five times bigger is a vast degree of superiority

Trade conundrum with China: Cautious steps need of the hour, say experts

Over the last few years, India's exports to China have been contracting but imports have been on the rise

Rajnath meets Chinese counterpart; calls for solving complex issues

The Indian defence minister emphasised the need to create good neighbourly conditions to achieve the best mutual benefits

India imposes anti-dumping duty on plastic machines from China, Taiwan

Following investigation by the Directorate General of Trade Remedies, the Centre has imposed anti-dumping duties ranging from 27% to 63% on plastic processing machinery from China and Taiwan

India imposes anti-dumping duty on four Chinese chemicals this month

India has imposed anti-dumping duty on four Chinese chemicals so far this month to guard domestic players from unfairly priced imports from the neighbouring country. These duties were imposed on -- PEDA (used in herbicide); Acetonitrile (used in pharma sector); Vitamin -A Palmitate; and and Insoluble Sulphur. In separate notifications, the Central Board of Indirect Taxes and Customs, Department of Revenue, said that the duty imposed will be levied for a period of five years on imports of these chemicals. The duties were imposed following recommendations for the same from the Directorate General of Trade Remedies (DGTR), an arm of the commerce ministry. While on PEDA, the duty will range from USD 1,305.6 to USD 2017.9 per tonne, a duty of up to USD 481 per tonne has been imposed on Acetonitrile imported from China, Russia and Taiwan. Similarly, the government has imposed a duty of up to USD 20.87 per Kg duty on Vitamin -A Palmitate imported from China, European Union and Switzerla

NSA Ajit Doval meets Chinese Foreign Minister Wang Yi in Beijing for talks

National Security Advisor Ajit Doval on Monday emphasised the need to counter terrorism in all its forms for overall regional peace and stability during a meeting with Chinese Foreign Minister Wang Yi in Beijing. Doval is visiting China to attend a conclave of top national security officials of the member nations of the Shanghai Cooperation Organisation (SCO). The Ministry of External Affairs (MEA) said both sides reviewed recent developments in India-China bilateral relations and underscored the need to promote the overall development of the bilateral ties including by fostering greater people to people engagement. "The NSA also emphasized the need to counter terrorism in all its forms and manifestations to maintain overall peace and stability in the region," it said in a statement. Doval's emphasis on countering terrorism comes nearly a month-and-a-half after India smashed several terror infrastructure in Pakistan in response to the April 22 Pahalgam terror attack. The MEA said

Rare earth materials on the table as India, China agree to discuss trade

India and China agree to hold functional dialogues on trade, rare earth supply, direct flights and visa facilitation during Vice Foreign Minister Sun's visit to Delhi

Trying to seek early resolution to China's curbs on rare earth magnets: MEA

MEA says India is in touch with China over rare earth export curbs imposed in April and seeks predictable supply chains aligned with international practices