China seeks level playing field for its firms ahead of Brics summit

A senior Chinese government official has emphasized the importance of balanced commercial relations between India and China, urging New Delhi to maintain non-discriminatory policies toward Chinese enterprises. The remarks come as preparations intensify for the Brics Summit, which brings together major emerging economies for high-level policy discussions.

The Chinese minister highlighted that strengthening trade and economic cooperation serves the interests of both nations, describing the relationship as beneficial for sustained growth. The statement underscores Beijing's desire to expand its commercial footprint in India while addressing concerns about market access and regulatory treatment of Chinese businesses.

India-China economic ties have remained complex, with bilateral trade reaching significant volumes despite periodic tensions over tariffs, investment screening, and trade practices. New Delhi has implemented stricter scrutiny of Chinese investments, citing security concerns, particularly in sectors such as telecommunications and technology.

The timing of China's statement reflects diplomatic efforts to smooth relations ahead of the Brics gathering, where members typically discuss economic cooperation and global governance issues. Both nations have indicated willingness to engage constructively on trade matters, though deeper disagreements on market access and investment protections persist.