Read the expert views of our Partner and Head – China Desk, Santosh Pai in the article “In Trade, China Has a Sharp Edge Over India, and Sharp Things Can Be Weaponized” published by The Diplomat.
“First, it is China’s potential blocking of exports to India that would create the largest challenge for New Delhi, not the other way round. It is a rather well-known fact that the China-India trade balance is massively tilted toward Beijing. India’s trade deficit with China was over $44 billion in FY 2020-2021. As of 2018-2019, there were 375 categories of products imported to India in which over 80 percent came from China.”
To read the full article, Click Here.