Page 2 - India China Trade
How reliable is India's China trade data?
The mystery of missing $12 bn from India-China trade is fascinating. China said, its trade with India touched $103 bn in the first nine months of 2022. But India says that it is $91 bn. Who is right?
 "How reliable is India's China trade data?")
Trade data from China, India shows gaping hole of $12 billion: Report
India-China trade: Under-invoicing of shipments by Indian importers is believed to be the main reason behind the gap in figures
 "Trade data from China, India shows gaping hole of $12 billion: Report")
Vietnam giving India a run for its money in the China Plus-One game
The smaller nation is scoring high in attracting global corporations and their suppliers
 "Vietnam giving India a run for its money in the China Plus-One game")
China's services activity drops as Covid-19 lockdowns curb spending
The data is further evidence of the toll China's Covid Zero strategy is taking on consumer spending and the economy.
 "China's services activity drops as Covid-19 lockdowns curb spending")
Dip in demand from China, Italy may have hit India's merchandise exports
India's merchandise exports contracted 3.5% to $33.6 bn in September
 "Dip in demand from China, Italy may have hit India's merchandise exports")
CEPA: When it comes to trade with Bangladesh, India is far behind China
China accounted for 10.2 per cent of FDI investments in Bangladesh between 2014 and 2021, India's share was 3.9 per cent
 "CEPA: When it comes to trade with Bangladesh, India is far behind China")
Stuck payment, discount: China puts Indian hair exporters in tough position
Chinese buyers, who account for 80 per cent of Indian hair exports, are asking exporters to ship hair at a discount of 40 per cent
 "Stuck payment, discount: China puts Indian hair exporters in tough position")
Indian exports to China dip by a third in April-August to $6.8 billion
China became India's fourth largest export destination during the period, slipping from the second position during the same period a year ago
 "Indian exports to China dip by a third in April-August to $6.8 billion")
India aims to copy China, but unbridled digital lending off policy agenda
The Reserve Bank of India's recently released guidelines for app-based loans show a clear desire to rein in the industry after its pandemic-era excesses
 "India aims to copy China, but unbridled digital lending off policy agenda")
Commerce ministry recommends anti-dumping duty on Chinese cutting tool
The directorate in its findings has concluded the item is being imported from China into India in significant quantities in both absolute and relative terms
 "Commerce ministry recommends anti-dumping duty on Chinese cutting tool")
China seals off iPhone maker, CNOOC in Shenzhen to battle Covid-19
The lockdown comes as China narrowly escaped an economic contraction in the June quarter, when a series of rolling lockdowns shut businesses nationwide, eroded employment and hurt consumer spending
 "China seals off iPhone maker, CNOOC in Shenzhen to battle Covid-19")
Spike in imports, fall in exports widen India's trade deficit with China
In FY22, India's trade deficit with China was recorded at $72.9 billion, up nearly $29 billion from FY21's figure of $44 billion
 "Spike in imports, fall in exports widen India's trade deficit with China")
India-China trade goes up to over $67 bn in first half of 2022
The India-China trade is on course to cross USD 100 billion for the second consecutive year as it has gone up to USD 67.08 billion in the first half of this year amid a big surge of Chinese exports
 "India-China trade goes up to over $67 bn in first half of 2022")
China's share in India's total imports falls to 15.4% in FY22: Report
The share of Chinese imports in the country's total inbound shipments has declined to 15.4 per cent in 2021-22 from 16.5 per cent in 2020-21, sources said on Thursday. They also said the major items imported from China into India are used for meeting the demand of sectors like telecom and power. Citing some examples, they said imports like Active Pharmaceutical Ingredients (APIs) and drug formulations provide Indian pharma industry raw material for producing finished goods which are also exported. Increase in imports of information and communication technology products and medical and scientific instruments can be attributed to the surge in demand of these products during COVID-19 times. "Moreover, the rising prices of commodities globally have also played a significant role in adding to import value," one of the sources said. Exports to China increased marginally to USD 21.25 billion last fiscal from USD 21.18 billion in 2020-21, while imports rose to USD 94.16 billion from about
 "China's share in India's total imports falls to 15.4% in FY22: Report")
Indian influence in South Asia declines as China expands foothold
China's exports to the region grew over five times between 2005 and 2020
Lockdown, steel output restrictions hit exports to China, shows data
The exports basket is largely dominated by steel, iron ore, copper, paper products, plastics, organic chemicals, among others
India, China trade surges to $31 bn in Q1 of 2022 despite bilateral chill
During the 3-month period from January to March, China's exports to India zoomed to USD 27.1 billion
 "India, China trade surges to $31 bn in Q1 of 2022 despite bilateral chill")
India's Chinese imports slip 7.2% to $65.21 bn in 2020-21; exports up 26%
Imports from China declined 7.2 per cent to USD 65.21 billion in 2020-21 from USD 70.31 billion in 2018-19, Parliament was informed on Friday
 "India's Chinese imports slip 7.2% to $65.21 bn in 2020-21; exports up 26%")
Riding out the storm
External shocks and stagflation risks require optimal policy responses
 "Riding out the storm")
Sea-owned game Free Fire unavailable in India after ban on Chinese apps
Political tensions between India and China escalated in 2020, resulting in the South-Asian country imposing a ban on 59 Chinese apps, including TikTok
 "Sea-owned game Free Fire unavailable in India after ban on Chinese apps")
