India China News: Covid-19 and India’s trade dependency on China: Should we continue our ties?


Source: technocodex.com technocodex.com

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0 Share The trade and geopolitical engineering of the world is all set to undergo a massive change, if not a transfiguration due to the outbreak of the pandemic. China’s role in delaying the pandemic information to the world has raised consequential anti-China sentiments world-wide. India’s trade dependence on China is huge. Being one of the leading trade partners of India, China’s share in India’s total export and import are 9% and 18% respectively in 2019-20. The input-output table of India indicates that India tends to export raw material or ingredients to China’s manufacturing sector, and imports more of final...