News Snapshot:
While relations between India and China plunged to a new low since the start of the current military standoff in eastern Ladakh border in May last year, trade between the two countries has hit a new high in the first six months of this year, with the balance heavily in China’s favour, according to the PTI news agency Jul 13. The China-India bilateral trade in the first half of this year totalled $57.48 billion, up 62.7% year on year, perhaps the highest in recent years, the report said, citing data released by China’s Customs. The report noted that though Indian...