India, China to sign $6.8 Billion Deal for Industrial Parks

India and China will sign a $6.8 billion deal to establish two industrial parks aimed at reducing trade imbalances, Wang Hejun, economic and commercial counselor of the Chinese embassy in India said on Wednesday.

Chinese President Xi Jinping is in India for a three-day visit as the two Asian giants take steps to boost commercial ties.

Copyright: Thomson Reuters 2014