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Title : India Is Demanding Talks With Beijing To Address It's Huge Trade Deficit With China
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India Is Demanding Talks With Beijing To Address It's Huge Trade Deficit With China

India’s ambassador to China, Vikram Misri, photographed at the Indian consulate in Hong Kong. Photo: Xiaomei Chen

SCMP: China needs to act on Indian trade deficit before it becomes a political issue, says ambassador

* Ambassador to China says the two countries need a ‘very intense dialogue’ about trade to address India’s concerns
* Vikram Misri says the current US$53.6bn deficit is unsustainable in the long-term and hopes for more action from the government in Beijing

India’s ambassador to China Vikram Misri warned that the two countries need to tackle their growing trade deficit before it becomes a “politically sensitive issue” in India.

Misri, who was visiting the Indian consulate in Hong Kong six months after taking up the post, said the two countries needed to have a “very intense dialogue” about trade, particularly market access for Indian agricultural goods.

With China currently locked in a year-long trade war with the United States, its neighbour has been on the lookout for opportunities and the past 12 months have seen several protocols signed for Indian exports of chilli meal, rice, fish meal, cooking oil and tobacco leaves.

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WNU Editor: President Trump is not the only world leader pressuring China to change their trade policies. And China is using the same strategy with India as they have used (and are using) with the U.S.. Promise but do not deliver. Delay. Threaten. Find allies (in India as n the U.S.) who benefit from this trade imbalance. And in the end .... ignore the issue.

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