- Industrial park bilateral deal will be signed shortly while both the countries have agreed that a growing trade deficit was unsustainable
- $1 trillion by China by China is expected and for the growth trade and investment and there is a need to work towards reducing the trade deficit
- India has discussed regarding the correcting trade imbalance and India is also keen on involving China in manufacturing
- Enhancing two way investment flows, reinvigorating the manufacturing sector to create more jobs and give a fillip to the economy are the factors that will be implemented as India is looking at a greater market access to cut the deficit
- Read at: http://www.thehindu.com/todays-paper/tp-national/india-china-may-soon-ink-pact-on-industrial-parks/article6158704.ece
Exams Perspective:
- India China Bilateral Relations