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China invited India to come together against America's trade policy

Business relationships in the world are changing rapidly. The ongoing business tussle between the US, China and India has complicated the picture of international business. In such a situation, China has made a new proposal to India, in which it is talking about facing US protectionist policies together. This has increased the possibility of new strategies and partnerships emerging in the global trade world.

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Edited By: Nishchay
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International News: The trading tension between the world's three major economies - America, China and India - has now reached a new turn. There is an atmosphere of instability in the international trade world due to American protectionist policies and increasing tariffs. In such an environment, China has proposed to unite by extending the hand of friendship towards India.

India-China stated economic relations beneficial

The Delhi-based Chinese embassy spokesperson called India-China economic relations as beneficial for the two countries and said that the US tariff policy is becoming a major challenge for developing countries. China believes that countries like India and China together should face America's trade policies, so that the interests of developing countries can be protected.

Four major features of China's economic strength

Giving information about its strong economic model, China assured India that partnership could prove to be effective for the development of both countries. The major forces of China's economy are as follows -

  • Strong growth rate - China's economy is moving towards continuous progress.
  • Benefits to other countries - China's growth is also positive on the economy of other countries.
  • Focus on innovation - China has invested heavily in industrial structures, research and technological development.
  • Support of globalization - China is a supporter of global economic unity and promotes international cooperation.

Important to the role of WTO

During this period, China also described the role of the World Trade Organization (WTO) as very important. He says that with the help of international institutions like WTO, equality and rules in global trade can remain.

Emphasis on protecting the interests of developing countries

China believes that developing countries should increase cooperation among themselves to prevent US policies. This solidarity can not only combat US protectionist policies, but can also give a new direction to the economic progress of developing countries.

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