Sino-India trade at record $125bn for 2021 amid border tension; deficit widens


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Trade between India and China reached a record $125 billion in 2021 despite the worst chill in bilateral ties in decades, Chinese customs data showed on Friday. Two way trade between India and China in 2021 stood at $125.66 billion, up 43.3% from 2020 when bilateral trade was worth $87.6 billion. In 2021, China’s exports to India were $97.52 billion, up 46.2%, while China imported $28.14 billion worth of goods from India, up 34.2%, according to statistics released by the General Administration of Customs (GAC) and quoted by the tabloid, Global Times, on Friday. Trade deficit between the two countries...