- China opposes US tariffs of up to 50% imposed on India and threats to increase them
- Chinese envoy Xu Feihong linked tariff wars to disruptions in the global economic system
- India and China announced measures to stabilise and enhance their bilateral relationship
Chinese envoy Xu Feihong stated on Thursday that China "fully opposes" the US decision to impose tariffs of up to 50% on India, as well as Washington's threat to escalate these measures.
In a speech at a Delhi event, Feihong also remarked that tariff and trade "wars" are causing disruptions to the global economic and trade system.
The Chinese envoy's remark assumes significance as it comes amid a thaw in Sino-India ties.
India and China on Tuesday unveiled a series of measures for a 'stable, cooperative and forward-looking' relationship that included jointly maintaining peace along the frontier, reopening border trade, promoting investment flows, and resuming direct flight connectivity at the earliest.
The announcements aimed at realising the 'full' development potential of the two Asian giants came amid growing estrangement in ties between India and the US over President Donald Trump's policies on trade and tariffs.
India and China listed the measures in a joint document after Chinese Foreign Minister Wang Yi held wide-ranging talks earlier this week with External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval, besides meeting Prime Minister Narendra Modi.
In his address at an event held at the IIC here, the Chinese envoy referred to the tariffs imposed on various countries by Washington.
"The United States imposed tariffs of up to 50% on India, and even threatened to impose more. China fully opposes it," he said.
Speaking about the upcoming SCO Summit in China, Feihong said his country is willing to work with all parties, including India, to hold the summit, featuring friendship, solidarity, and fruitful outcomes.
"Together, we can open a new chapter of a dragon-elephant tango," he asserted.
(With inputs from PTI).
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