Indo China is trading at a record $ 125 billion in 2021 amid border tensions. The deficit spreads Bilateral trade between India and China in 2021 was US $ 125.66 billion, an increase of 43.3% from 2020, which was equivalent to the US $ 87.6 billion in bilateral trade.
Tourists board the road to the Chumigaze Waterfall, also known as the Holy Waterfall, near adjacent China’s Actual Control Line (LAC) in the Tawang district of Arunachal Pradesh, India.
Tourists are on the road to Chumigaze Falls, also known as the Holy Waterfall, near the adjacent Line of Actual Control (LAC) in China in the Tawang district of Arunachal Pradesh, India. Increase.
India-China trade reached a record $ 125 billion in 2021, despite the worst slowdown in bilateral relations in decades, China’s tariff data said Friday.
Two-way trade between India and China was US $ 125.66 billion in 2021, an increase of 43.3% from 2020, which was equivalent to the US $ 87.6 billion in bilateral trade.
Announced by the General Administration of Customs (GAC), Friday’s tabloid, Global Times. The trade deficit between the four 444 countries remained large in favor of China at $ 69 billion.
The trade deficit is the cause of constant friction between New Delhi and Beijing, and India complains that despite promises, China has not allowed Indian companies access to sectors such as pharmaceuticals. ..
India was China’s 15th largest trading partner, according to the 2021 GAC.