China Ready To Address Trade Concerns After Sitharaman Flags Deficit

China stated on Friday that it is ready to work with India to address economic and trade concerns after Finance Minister Nirmala Sitharaman criticised market access restrictions.

Ms. Sitharaman highlighted that India's trade deficit with China crossed $100 billion, driven by a 20.7% increase to $105.93 billion according to China Customs data for January to September.

Chinese Foreign Ministry spokesperson Mao Ning responded that Beijing never aims for a trade surplus and stands ready to promote steady bilateral relations.