The 25th meeting of the Financial Stability and Development Council (FSDC) was held, under the Chairpersonship of Union Finance Minister Nirmala Sitharaman.
Russia recognises Taiwan as an inalienable part of China and rejects the island's independence in any form, according to a joint Russian-Chinese declaration.
India is the second-largest steel-producing nation, as it manufactured 100.3 MT steel in 2020 and China produced 1 064.7 MT of steel in the same year. China recorded a 3 per cent decline to 1 032.8 MT in 2021.