India, China set to sign MoU for Chinese industrial parks

Jun 29 2014, 21:49 IST
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Nirmala Sitharaman said she will make a strong pitch for greater access for Indian goods and services into China. Reuters Nirmala Sitharaman said she will make a strong pitch for greater access for Indian goods and services into China. Reuters
SummaryAccording to China its current investments in India stands at USD 1.1 billion.

labour wages.

Also China faced the demographic problem with lot of its work force ageing.

"Ironically we are less expensive than Chinese. Market can find its own equilibrium here. You are better off in India than in China," she said.

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