New Delhi, April 19 -- Amid the growing trade imbalance due to US President Donald Trump's tariff hikes worldwide-India's deficit with China hit $99.2 billion. In the current scenario, China has reached out for economic collaboration. In a recent interview with The Times of India, Chinese Ambassador Xu Feihong said China's intent to welcome premium Indian goods and help Indian businesses tap into China's massive consumer market.

The Chinese Ambassador's message signal a potential shift in the economic dynamics between the two nations despite heightened global trade uncertainty due to Trump tariffs. While China's market presents commercial opportunities for Indian exporters, Xu also urged India to create a more level playing field for Chi...