News Analysis
After years of belligerence, China has begun to court India. Trade between the two countries has surged—clearly, an important trend for Beijing, which has already started to feel insecurities about its trade relations with Japan and the West. Though trade between China and India seems set to continue along its recent steep trajectory, closer relations face many difficulties.
Flows of imports and exports between China and India certainly have made startling strides of late. The aggregate of trade back and forth rose a tremendous 47 percent in 2021 alone. That is the tally according to the Indian Department of Commerce. Beijing’s statistics are only slightly less impressive. They record a 45 percent jump. Chinese exports to India rose 49 percent. Indian exports to China rose by considerably less but still a strong 21 percent.
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