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Reuters
July 23, 2026
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China is also seeking to expand domestic semiconductor manufacturing capacity and reduce the industry's reliance on advanced Nvidia chips that are subject to US export controls. PHOTO: REUTERS
MANILA:
Manila Indian Foreign Minister S Jaishankar said on Wednesday that he told his Chinese counterpart Wang Yi that the neighbours should tackle key aspects of relations, such as fair market access and trade balance, in New Delhi's effort to repair ties with Beijing. The remarks came during a meeting with his Chinese counterpart in the Philippine capital of Manila, which is hosting the Association of Southeast Asian Nations (ASEAN) Foreign Ministers' Meeting and related meetings through Friday. "We believe that a stable and cooperative relationship can best be developed based on mutual respect, mutual interest and mutual sensitivity. Such a relationship can make a valuable contribution to a multi-polar Asia and a multi-polar world," he said. Relations between the nuclear-armed nations improved in 2024, ending years of friction dating from a border clash in 2020, after talks between Prime Minister Narendra Modi and Chinese President Xi Jinping in October 2024. Reuters
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