Chinese authorities stated on Friday, 16 October 2026, that the nation is prepared to collaborate with India to resolve mutual trade and economic issues. The statement followed remarks from Finance Minister Nirmala Sitharaman, who criticised ongoing barriers that restrict Indian merchandise from entering the market. During engagements in Beijing, Nirmala Sitharaman noted that the widening trade imbalance and continuous hurdles for Indian exporters remain significant worries despite years of bilateral discussions. Her comments came in response to figures published on Wednesday, 14 October 2026, by customs authorities. The data indicated that the trade deficit between the two nations surpassed $100 billion during the first nine months of the year, ultimately reaching $105.93 billion. This figure represents an increase of 20.7% compared to the corresponding period from the previous year.
China ready to address concerns after trade deficit passes $100 billion
Finance Minister Nirmala Sitharaman highlighted persistent market access restrictions during talks in Beijing.
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In short
- China stated willingness to address trade concerns on 16 October 2026.
- Nirmala Sitharaman highlighted persistent market access barriers in Beijing.
- The nine-month trade deficit widened to $105.93 billion, a 20.7% rise.
From public sources and the WeNepal research team
https://wenepal.com/article/china-ready-to-address-concerns-after-trade-deficit-passes-100-billion-20261016
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