China returns as top India trade partner even as relations sour


Two-way trade between China and India stood at US$77.7 billion last year. - Reuters

MUMBAI (Bloomberg): China regained its position as India's top trade partner in 2020, as New Delhi's reliance on imported machines outweighed its efforts to curb commerce with Beijing after a bloody border conflict.

Two-way trade between the longstanding economic and strategic rivals stood at US$77.7 billion last year, according to provisional data from India's commerce ministry.

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China , India , trade , investment , exports

   

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