India's exports to China have increased by 24 per cent to $21.54 billion during January-November 2021, while imports jumped to $78.88 billion in the same period
The India-China bilateral trade touched a record high of over USD 125 billion in 2021, crossing the USD 100 billion-mark in a year when the relations hit a new low due to the prolonged standoff
According to per capita income level, the Chinese economy belongs to 'upper-middle income' category, argues India
The two neighbours have not had the best of relations since the Galwan clash in 2020
The India-China trade volume looks set to cross the record figure of $100 billion this year as the total has already touched $90 billion in first nine months, despite a chill in bilateral relations
Merchandise imports from the country more than doubled in April YoY
The China-India bilateral trade in the first half of the year totalled $57.48 billion, up 62.7 per cent year on year, perhaps the highest in recent years amid the Ladakh impasse and the COVID-19
It's almost one year since the bitter Galwan valley clash between India and China took place
This is mainly due to robust double-digit growth in exports, coupled with contraction in imports
Bajaj said goods should be procured from wherever they are most competitively available
Citing the provisional data from the Ministry of Commerce and Industry, the Sena said it is a fact that China has returned as the top trade partner of India in 2020
Sensitive sectors to remain under approval route
Total imports from China at $58.7 billion were more than India's combined purchases from the US and the UAE
China has been blocking India's efforts to become a permanent member of the UN Security Council
China's remarks relate to India's continued ban on 59 Chinese apps
India has retained a ban on 59 Chinese apps
This includes medical equipment, raw materials for baby powders, and high-tech equipment and some commodities
China's exports to India declined by 13% in the first 11 months of the year, while Indian exports to China rose 16% in the same period
India is the world's biggest exporter of rice and China is the biggest importer.
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