Regardless of ongoing LAC standoff, commerce between India and China reached a document $125 billion in 2021 regardless of the worst chill in bilateral ties in a long time, Chinese language customs information confirmed. Two-way commerce between India and China in 2021 stood at $125.66 billion, up 43.3 p.c from 2020 when bilateral commerce was price $87.6 billion. India-China commerce in 2020 declined by 5.6 p.c to $87.6 billion, the bottom since 2017. However China nonetheless overtook the US to turn out to be India’s largest buying and selling associate final yr. Watch this video for full particulars.
#India #China #LACstandoff
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HAHAHAHA never happens cause india cant produce the goods imports from chins always depends and big dreams and big talks Only
Chinese products are quality products with least price that's the secret of Chinese products Indians should learn to make products at cheaper price
Some people in China are already saying that the economies of China and India are getting closer and closer, and if the border issue is solved, there will be no reason to support Pakistan because it has greater interests with India.
Aatmanirbhar gaya bhand me….lol
Export to china also increased…talking abut the only the import.. why???
thank you, you may keep mocking China, as long as you keep high trade surplus to China, we do not mind your words at all, we only want to make your money, money is money, we do not care where it is from😁😁😁
India mein indian businessman ke products ko boycott karne ki baat karte hain liberal gandu communist ke najayj aulaade aur unke chamche..desh kaise age badhega
India wants to focus on electronics like chip making(boards, processors..) and immediately wants to stop Chinese mobile and smart t.v. It makes huge decrease import from china. Compare to the last 5 years India's imports from China decreased and export increased. Please support BJP, I do not support bjp, but the plans are awesome and day by day improving India as much as possible and also ruling change may happen a severe impact on the economy, because new party arrives they came with new rules, amendments against past law, hard to act with past plans,…
You can never trust communist china!
#BOYCOTT Made in China
Chinese are intelligent people …
i wish more trade should do..doesn't matters how many dies….1 finish ..100 comes back…
We Indians are silly people. We want to punish China's Communist government by boycotting and banning private non-communist Chinese companies. Guess what?..their communist party got even more support. Think of ways to hurt the Chinese communist party,..not the Chinese people. We Indians are just too dysfunctionally emotional and petty.
Yes! India is dependent on China for chemicals because Indian NGOs started a movement in the name of protecting the environment when it came to producing chemicals in India.
தன்யவாத் ji 🙏🏻👍🏻
This trade is beneficial to china rather than India ..the trade deficit is 70 billion. What kind of strategy is this. India is surrounded by three main Oceans, still we don't have a world class port from where we can take sea routes and enhance trade with rest of the world. 🙄🙄🙄
One country is busy to improve Livehood of their people.
Another country burn in jealous when seeing that country rising
This is primarily due API pharmaceutical
Don't spread news
It’s not a heartening news for India at all. It’s an eye opener for us . Where we are lagging far behind China. Are we overall a trade surplus nation or not. If not what is the percentage share of China of overall trade deficit.
Who the hell china is? Have they have any contribution in basic or applied research ? Big no. Then how come they came up so strong . It’s only on comprehensive policy. Of course they have a outstanding advantage of being authoritative. They just sell cheap oppressed labour to advance their leaders’ personal goal that is money. In short democracy is inclusive but political communism is authoritarian. So don’t blow by Chinese illicit success which is temporary.
The ideal is full, but the reality is very skinny. In 2021, the trade volume between China and India will reach 125.6 billion US dollars, a surge of 43.3% over last year, and India's deficit with
China will increase to 70 billion US dollars. Isn't it the greatest irony for the anti-China Indian nationalist forces?
Not only the Sino-Indian trade, but the latest Sino-US trade data in 2021 has been released. According to statistics, from January to December 2021, the Sino-US trade volume will be 755.645 billion US dollars, a year-on-year increase of 28.7%. Among them, China's exports to the United States were 576.114 billion US dollars, an increase of 27.5%; China's imports from the United States were 179.531 billion US dollars, an increase of 32.7%. What does all this show? Regardless of Trump or Biden, the so-called "decoupling" is a pretense. US Treasury Secretary Janet Yellen said: "The Sino-US trade war has invisibly increased the cost of products, and the US consumer market cannot give up goods from China. All increased commodity costs can only be borne by American consumers."
Since the United States is facing the reality like this, isn't it even more so in India. The reality cannot be changed. It is a wise man to learn to face such a reality.This reality is that China is the world’s largest trading partner of 135 countries, China is the world’s second largest economy, and will surpass the United States within 10 years (in terms of purchasing power parity, China has surpassed the United States in 2017). China is the world’s factory and has the most complete China’s modern industrial system and global supply chain cannot be replaced by any country in the world. In the next 5-10 years, China will replace the United States as the world's largest consumer market. . .Countries that challenge China's core interests will ultimately be a dead end.
These are all political agendas. Truth is we need them and they need us.
Data published by Chinese oh so reliable
Haaahaaa Indian media.
Interrogate the E-commerce giant in India~Flipkart and Amazon 🤷🏻♂️
ஒரே குட்டையில ஊறுன மட்டைகள்
Big Thanks to Modi to make Chinese richer and richer again! ;-P
indians have a bad mouth but warm heart.
long live china india friendship💋💋💋💋💋💋💋
we will keep hard working for better product for our indian bro and sis💋💋💋💋
everyone click LIKE or reply on this, will have a suprise gift. 💅💅💅💅💅
70b trade deficit, India is funding Chinese LAC standoff and paying Chinese soldiers salary.
Failure of Indian government
So, traitors who still haven't located alternate supplies.
Indians should understand that economics don't work on Nationalism.Its works on principal of economics.
India is inconsequecial. 🤣
wow for $70B deficit? US-China trade had a $319B deficit in 2021 even though US raised 35% tarrif on Chinese Products.
Its the car battery imports and base pharmacuticals for covid. Could also be equipment related to covid that has driven this figure up.
LAC problems exist but our trade with China hit new highs thanks.
In favor if china because the USA has transfered its companies china. They are the factory of the world. The USA and ex- president Clinton helped them into World Trade Organization. Europe and Japan aided and abetted this. They helped a communist country that was oppressing its people. Now there children are going to pay the price for this terrible deed.
I recommended a professional broker to you guys sometime ago, can I get person who invested with her
comment below
let's gooooo
Solution: Export More To China
Trade Deficit is The Problem Not Trade
This is nothing to be proud of
Great news! This proves India is much richer than China, just like USA.
Vishwaguru 😭😭😭
after seeing the comments i can say
ham indians line pe aa hi gaye
Indians on the social media we will boycott china 😡😡 70 billion trade with china 😂😂 you guys can't live without china products and Chinese games and you are boycotting china literally 😁😂😂🤣🤣 shame on India 😂😂😆😆
Meanwhile Indian boycotting china with Chinese phone 😂😂🤣🤣
I thought Indian has been boycotting Chinese products….
spineless country
GREAT J0B END!0T T0!LET!!!
HAHAHAHAHAHAHAHA"
chineses and indians have common interest in getting along because , between them, they constitute the most fabulous market in the world in terms of technological and economic potential. if these two countries manage to put aside their selfishness and creat a common market as they share 3380 KM of boundaries, we have their the two first countries of the near future and western countries know that….that is why they will do all their possible to oppose them.