News Snapshot:
Pandemic, investment curbs help India reduce trade deficit with China New Delhi, Feb 23 (IANS): The disruptions caused by Covid pandemic and additional checks on investment helped India to reduce its widening trade deficit with China in 2020. As per official data, India’s trade deficit with China declined by 19.39 per cent from $56.95 billion in 2019 to $45.91 billion in 2020. The decline had largely been supported by all-time high levels of exports of goods and services by India. While Indian imports from China dropped by 10.87 per cent and stood at $66.78 billion compared to $74.92 billion in...
