We have very large trade deficit with China: Nirupama Rao

Ahead of G-20 summit in Seoul, Foreign Secretary Nirupama Rao at a press conference in New Delhi, on Tuesday, said that India has large trade deficit with China. Pointing out the various concerns New Delhi will be addressing in Seoul, Rao stated that the summit would not be used to pressurise the US to withdraw the outsourcing ban. Further, she said that despite the huge trade imbalances, India imports commodities from Chinese markets at competitive prices.