China wants joint front with India against US' 'ugly' trade war


By Gaurav Sharma

Beijing, Jul 20 (IANS): China and India will have to jointly stand up to counter US "ugly" unilateralist and protectionist trade policies to promote a fair and just economic order, Beijings newly-appointed envoy Sun Weidong to New Delhi has said.

Sun, who is headed to New Delhi on Saturday to take charge of his office, spoke to the Indian media in Beijing on a range of issues ranging from border dispute to trade deficit and US' trade war to the forthcoming informal summit between President Xi Jinping and Indian Prime Minister Narendra Modi.

Sun, who is China's one of the finest diplomats and an expert on South Asia, said this second informal summit between Xi and Modi later this year will take the Sino-Indian relations to a new height.

The envoy suggested India and China make a joint front against the US that has taken on both the countries on the trade front.

"There has been a change that is unseen in this century. Like I just mentioned the ugly path of unilateralism and protectionism has now affected the growth and stability of the world economy," Sun said.

"This will surely have an impact on the emerging markets and the developing countries because it also based on the international order that relies on that," Sun added.

"In this changing world, China and India have all the reasons to work together to safeguard our common interests and promote a more fair and open international economic order. Also to realise our mutual and common interests, it is very important."

China and the US have been engaged in the world's biggest trade war, slapping tariffs worth billions of dollars on each other's products. Washington triggered it last year, claiming Beijing's business practices are unfair, a charge denied by the Chinese government.

Experts say India could be Washington's next target after the US ended preferential trade status that had allowed Indian goods to enter America without duties. India retaliated by slapping additional duties on US products which American President Donald Trump described as "unacceptable."

Some experts say US' trade offensive could bring regional rivals India and China together take on Washington temporarily.

In his interaction at Chinese foreign ministry, Sun' tone suggested that.

"China and India are the only two emerging markets and developing countries in the world that have a population of over one billion.

"So while upholding our legitimate rights and interests, we have to shoulder our historical responsibility in terms of safeguarding peace, stability, and prosperity for the world as well as injecting positive energy and stabilizing that.

"So specifically speaking we should stick to multilateralism and defend the international system with the UN at the core and try to promote multilateralism in the world order and try to make it more democratic."

"We also have to try to resolve dispute and issues through political dialogue. We also need to advance the WTO reforms and through promoting trade and investment liberalization, we also need to build an open world economy that is beneficial to the developing countries."

  

Top Stories

Comment on this article

  • Vincent Rodrigues, Katapadi/Bangaluru

    Sun, Jul 21 2019

    Cautious and right step need to be taken while considering if any offers of China.

    DisAgree Agree Reply Report Abuse

  • Kanaka Das, Bangalore

    Sat, Jul 20 2019

    What said by think-tank is absolutely right. If america try to ban chinese and indian goods...both countries stop buying required products from america and intercept there products completely in both countries. As both market is big..america will be isolated.
    ..and chances are more India and China will become friendly. Afterwards america wont have any hold in asean region. Iran..India..China..Russia.will be in one block.

    DisAgree Agree Reply Report Abuse

  • Kanaka Das, Bangalore

    Sat, Jul 20 2019

    China is very clever country now seeking help of india. Earlier days america declared China and India as third world developing country and not imposing tariffs on both countries goods. After Trump taken over he informed industrialists to manufacture all the materials in america itself for sake of there people to avail job. Otherwise technology is of america..but product manufactured in china...getting job for chinese and reexported same product to america. Now china is developed country america imposed tariffs on there other products which sustain them to survive in competition market. By which china incurred much losses in billions and there currency yuan fallen.

    Once Trump met owner of Harley Davidson somewhere in community centre and discussed about businesz. Owner informed we have incurred losses in export. For which he asked reason behind. For example one bike available cost US $ 1000 in local market..while it arrive in india it cost around US Dollars 3000 due to heavy duty applied...by which export market affected. For that reason america urged india to remove custom duty on there products which our government refused. Many of our exported products are banned now in america. If they ban IT sector our bangalore IT companies will collapse completely.

    DisAgree Agree [1] Reply Report Abuse

  • HENRY MISQUITH, Bahrain/Burkina Faso

    Sat, Jul 20 2019

    China wants to play crooked game against US

    DisAgree [1] Agree [1] Reply Report Abuse

  • Mangalurian, Mangaluru

    Sat, Jul 20 2019

    2017-18 figures:

    India’s exports to China: $33 billion.
    India's imports from China: $76.2 billion.

    The gap is already huge, and widening fast.

    DisAgree Agree [1] Reply Report Abuse


Leave a Comment

Title: China wants joint front with India against US' 'ugly' trade war



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.