India asks China to address trade imbalance

BEIJING: India has asked China to address the burgeoning trade imbalance while making a strong pitch for Chinese investments in its micro, small and medium enterprises

BEIJING: India has asked China to address the burgeoning trade imbalance while making a strong pitch for Chinese investments in its micro, small and medium enterprises (MSME) sector, specially in fields such as IT, digital, mobile components and automobile ancillaries. India’s MSME sector is poised for a major leap and is looking for a long-term partnership from China, MSME minister Kalraj Mishra said in Guangzhou on Monday.

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