China, embroiled in a bruising trade war with the United States, was quite appreciative of the imbalance in its own trade with India and willing to address it, Gokhale told reporters. Bilateral trade between China and India reached $95.54 billion in 2018, with the trade deficit at $53 billion in China’s favour, the biggest India has with any country. Indian generic drugmakers have long sought greater market access to China, as have India's IT services. India and China share a 3,500-km (2,200-mile) border, over which they went to war in 1962. India has refused to join the BRI because a part of it runs through Pakistan-controlled Kashmir, which India claims as its territory.

Source: bd News24 October 12, 2019 12:45 UTC