Overview

• China’s foreign ministry spokesperson Mao Ning said bilateral relations are now in a pivotal improvement phase with Beijing committed to advancing ties on a steady diplomatic track.
• India’s trade deficit with China climbed to a record $99.2 billion in fiscal year 2024–25, driven by $113.45 billion in imports versus $14.25 billion in exports.
• China has proposed fresh economic dialogues to reduce the imbalance, offering to open its market to premium Indian goods and urging New Delhi to ensure a level playing field for Chinese firms.
• Beijing affirmed its backing for India-Pakistan consultations to resolve disputes peacefully and clarified that its defence cooperation with Pakistan targets no third party.
• Through BRICS, China denounced coercive tariff hikes as detrimental and underscored its commitment to openness and win-win cooperation among emerging economies.