India-China Trade – IAS Synopsis
China is one of the major trading partners of India but the Indo – China trade is marked with a trade imbalance as India imports much more from China than it exports.
India’s trade with China in 2021 crossed $125 billion, with imports from China nearing a record $100 billion. The bilateral trade reached $125.6 billion in 2021, with India’s imports from China accounting for $97.5 billion.
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