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The Indian government statement came ahead of the 9th BRICS Summit being hosted by China next week.
China was the largest trading partner for the other four nations last year.
South Korea's President Moon and China seek a return to six-party talks including the North and the US.
“The US investigation of China based on domestic laws sabotages the existing international trading system," a Commerce Ministry spokesperson said.
The new freight route is also part of China's New Silk Road plan.
Chinese economic growth averaged 10 per cent for three decades through 2010 after opening up in the late 1970s.
China has signed currency swap agreements with 22 countries and regions along the Belt and Road.
The Treasury Department has ranked China as the biggest foreign creditor of the US for the majority of the past nine years.
Although FDI has slowed somewhat in China, the government has succeeded in decreasing capital outflows.
China's government says an economic transition from industry toward services is advancing.
