China-India trade to top $60 billion
Trade between China and India is expected to touch $60 billion this year. It has already crossed over $30 billion, with China having a slightly greater than 60% share of the trade. China has promised to increase imports from India in order to address the trade imbalance beteen the two countries, the Press Trust of India reported. Beijing is calling for Indian companies to invest in China and for the two countries to "develop more convergence of interests and mutual trust".