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india-china trade hits All time
India’s trade deficit with China surged to a record $99.2 billion in FY 2024-25. The sharp rise is mainly due to a jump in imports of electronics and industrial goods from China, while Indian exports to China declined.
Key Highlights:
Imports Up: India’s imports from China grew by 11.5% to $113.45 billion
Exports Down: Indian exports to China dropped by 14.5% to $14.2 billionIndia also posted trade deficits with:
UAE: $26.79 billionHong Kong: $13.64 billio The growing gap signals a deeper economic imbalance that may call for strategic policy shifts.
#IndiaChina #AsiaPolitics #CurrentAffairs
Key Highlights:
Imports Up: India’s imports from China grew by 11.5% to $113.45 billion
Exports Down: Indian exports to China dropped by 14.5% to $14.2 billionIndia also posted trade deficits with:
UAE: $26.79 billionHong Kong: $13.64 billio The growing gap signals a deeper economic imbalance that may call for strategic policy shifts.
#IndiaChina #AsiaPolitics #CurrentAffairs
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