China expects S100 bn trade volume with India by 2015

Kolkata, Aug 17 (IANS) Despite a fall in the volume of India-China bilateral trade for the first half of the current year, China remained upbeat over trade prospects with India with a Chinese diplomat confident of volume expected to clock $100 billion by 2015.

"Our trade with India should become worth $100 billon by 2015, with growing investment opportunities in both the countries," Consul General in Kolkata Zhang Lizhong said at an interactive session, organised by MCC Chamber of Commerce and Industry here Friday.

The volume of trade between the two countries was $73.9 billion in 2011.

India-China trade volume, however, witnessed a four percent slide for the first half of the current year compared with last year, on the back of overall economic slowdown.

"As on June 30, the bilateral trade with India stood at $34 billion, which is 4 percent down," said Zhang.

He said there has been a trade imbalance between the two countries in some sectors.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    25.300.10+0.40%
    UNITECH.BO
    49.15-1.60-3.15%
    HDIL.BO
    68.000.70+1.04%
    JAIPRA.BO
    37.800.95+2.58%
    SPICEJET.BO
    108.302.35+2.22%
    RCOM.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    22.803.80+20.00%
    SAHPETRO.BO
    633.60105.60+20.00%
    TTKHE.BO
    46.357.70+19.92%
    KAVERITEL.BO
    364.4059.40+19.48%
    SANDUMA.BO
    141.4022.40+18.82%
    TCIDL.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    36.00-8.45-19.01%
    GGDANDE.BO
    491.400.00+0.00%
    INDUSINDSL.BO
    28.10-4.85-14.72%
    KERALAYUR.BO
    77.00-13.00-14.44%
    RAPICUT.BO
    8.93-1.46-14.05%
    MINDVISCAP.BO

Latest News

  • The power of charm

    India, May 26 -- You don't have to meet him to know he has that winning quality. You can hear it in his voice, see it in his gestures and sense it in the stories newspapers tell of him. The Chinese Prime Minister, Li Keqiang, has abundant charm.He came to Delhi at a difficult time. Our traditional distrust of China had been aroused and reinforced by the Ladakh incursion and Beijing's reluctance to withdraw. But that didn't make him reticent or stiff. Instead, he used his warm and engaging

  • Spot, the difference

    India, May 26 -- Call me a Duckworth-Lewis squib, but it's the Indian Premier League (IPL) we're talking about. What did you expect? Proceedings against bribes paid for a role in The Swan Lake at the Bolshoi Ballet leading to the Tchaikovsky estate's dissolution?Like all successful entertainment platforms, the IPL, too, works on the fundamental principle of a willing suspension of disbelief. To put it less obtusely for non-laudanum addicts, this means selling a product to consumers who are

  • What Detroit crisis? Pension fund trustees hang out in Hawaii

    The city of Detroit may be facing a deepening financial crisis but that hasn't stopped four trustees of its public pension funds from spending $22,000 of retirement system funds to attend a conference ...

  • Interpol rejects Russia's "political" case against fund manager Browder

    By Jason Bush MOSCOW, May 25 - Interpol has refused to include UK-based fund manager William Browder on its international search list after deciding that Russia's tax evasion case against him is "of ...

  • DTC to replace faulty AC buses

    New Delhi, May 25 (IANS) Transport Minister Ramakant Goswami Saturday directed the Delhi Transport Corporation (DTC) to replace its faulty air-conditioned buses that break down frequently. "The corporation ...

  • India's forex reserves down $1.7 billion

    Mumbai, May 25 (IANS) India's foreign exchange (forex) reserves decreased by $1.72 billion to $291.96 billion for the week ended May 17, according to data released by the Reserve Bank of India. The reserves ...

  • BJP demands halting of Nitaqat law in Saudi Arabia

    New Delhi, May 25 (IANS) Demanding a halt in the implementation of the Nitaqat law in Saudi Arabia, the BJP Saturday said here that it would work against Indian interests. "The Nitaqat scheme shall ...

  • Gold faces more pressure as inflation stays tame

    Gold prices are looking even more vulnerable after April's price crash, as rampant inflation expected from successive rounds of monetary easing fails to materialise. The idea that record-low interest rates ...

MAJOR STOCKS (A-G)

MAJOR STOCKS (H-N)

MAJOR STOCKS (O-Z)

MARKET COMMENTARY

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Yahoo! Cricket