China urges India to stabilise ties for mutual benefit after BYD’s failed US$1 billion EV factory bid

Both countries should adhere to ‘strategic judgment’ that they pose no threat to each other, says top Beijing diplomat Wang Yi on Brics sidelines

Push comes in South Africa at meeting of emerging economies bloc that China and Russia favour expanding while India balks

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Top Chinese diplomat Wang Yi attends a meeting of foreign ministers from the Association of Southeast Asian Nations in Jakarta on July 13. Photo: dpa

Published: 6:00am, 25 Jul 2023Updated: 6:23am, 25 Jul 2023

Just days after India rejected Chinese carmaker BYD’s US$1 billion bid to set up an electric vehicle factory in the country citing security concerns, Beijing’s top diplomat urged New Delhi to stabilise bilateral ties for the benefit of both sides.

Wang Yi met with Ajit Doval, India’s national security adviser, on the sidelines of a gathering of Brics members in Johannesburg on Monday, calling for policies to “enhance strategic mutual trust” and “focus on consensus and cooperation”, a Chinese foreign ministry readout said.

Whether China and India support or exhaust each other will directly affect their respective development as well as the global landscape, Wang told Doval, adding that both countries should adhere to the “strategic judgment” that they pose no threat to each other and present opportunities for each other’s growth.

New Delhi has not yet issued its account of the conversation, but the Chinese readout said Doval acknowledged that “the destiny of the two sides is closely linked, and it is necessary to rebuild strategic mutual trust and seek common development”.

“The Indian side is willing to work with the Chinese side to find a fundamental way to resolve the border situation in the spirit of mutual understanding and mutual respect,” Doval said, according to the Chinese readout.