India China RCEP: India’s ties with China have witnessed a shift, particularly after the United States imposed stringent tariffs. Both nations are now exploring ways to strengthen their economic relationship.

“If New Delhi adopts a more open stance toward Beijing and joins the RCEP, China could import more from India. Indian goods could become more competitive than others. Tariffs on products within this bloc could reach zero within a decade. Greater cooperation in trade and investment could benefit both nations,” the possibilities of India joining RCEP, Leqing Zhang, director of the Center for International Finance Studies in Beijing, told ET.

India has stayed out of the RCEP mainly to protect its domestic industries and farmers. Concerns include a flood of cheaper Chinese imports, par

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