Six Things To Know About India-China Economic Relations.

AS THE TENSIONS BETWEEN BORDER OF INDIA AND CHINA FLARED UP WITH THE DEADLIEST CLASH IN MORE THAN FOUR DECADES, LEAVING ATLEAST 20 INDIANS SOLDIERS ARE MARTYR'S,THERE HAVE BEEN CALLS FOR BOYCOTTING GOOD IMPORTED FROM THE NEIGHBOURING NATION.THAT,HOWEVER,WON'T BE EASY BECAUSE THE TWO ECONOMIES ARE INTERWINED.

THE WORLD'S 2ND BIGGEST WITH A GDP OF ABOUT $13.6 TRILLION.INDIA IS NO.3 IN ASIA AT $2.7 TRILLION.

China accounted for over 5% of India’s total exports in financial year 2019-20 and more than 14% of imports. Meaning, India runs a huge trade deficit with China, the biggest exporter to India.

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India has trade deficit with china..