India-China trade grows to record $125 billion in 2021 despite tensions in eastern Ladakh


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Beijing: The India-China bilateral trade touched a record high of over $125 billion in 2021, crossing the $100 billion-mark in a year when the relations hit a new low due to the prolonged standoff by the militaries in eastern Ladakh, while India's trade deficit too mounted to over $69 billion, according to official data released on Friday. The total trade between China and India in 2021 stood at $125.66 billion, up 43.3 percent from 2020, state-run Global Times reported, quoting data from the General Administration of Customs. China's exports to India from January to December rose 46.2 percent to $97.52...