China pitches for mutual investments to fill trade gap with India
The Dollar Business Bureau Addressing the trade gap with India, China on Thursday, called for combining 'Make in India' initiative with its 'Made in China' to step up investments. "We should try to combine 'Make in India' and 'Made in China' strategy together. The key word in India-China relationship is development, which is a major factor of our cooperation," said Huang Xilian, Deputy Director General of the Asian Affairs, Department of the Foreign Ministry. He further informed that efforts are also underway to solve the concerns of $47 billion trade deficit between India and China. According to the official, China is looking at promoting mutual investments and as a process, has also agreed to set up two industrial parks and encouraging more ...
