{"id":141630,"date":"2021-10-19T19:29:27","date_gmt":"2021-10-19T13:59:27","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=141630"},"modified":"2021-10-19T19:29:27","modified_gmt":"2021-10-19T13:59:27","slug":"indias-trade-with-china-set-to-exceed-100-billion-in-2021","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/indias-trade-with-china-set-to-exceed-100-billion-in-2021\/","title":{"rendered":"India\u2019s trade with China set to exceed $100 billion in 2021"},"content":{"rendered":"

Source: <\/b>T<\/span>his post is based on the article <\/span>\u201c<\/b>India\u2019s trade with China set to exceed $100 billion in 2021<\/b>\u201d<\/b> published in<\/span> The Hindu <\/b>on <\/span>17th October 2021.<\/b><\/p>\n

What is the News?<\/b><\/p>\n

According to the data <\/span>from China\u2019s General Administration of Customs(GAC), India\u2019s trade with China is set to cross the $100 billion mark for the first time in 2021.<\/span><\/p>\n

What is current India-China Bilateral Trade?<\/b><\/p>\n

Currently, India and China bilateral trade has increased by 49% to $90.37 billion during the first nine months of 2021.<\/span><\/p>\n

Among them, India\u2019s imports from China have jumped by 51.7% to $68.4 billion while India\u2019s exports have increased by 42.5% to $21.9 billion.<\/span><\/p>\n

This bilateral trade is substantially higher than pre-pandemic levels, with bilateral trade up 29.7% compared to the same period in 2019.<\/span><\/p>\n

Moreover, China’s growth in trade with India was also among the fastest compared to other China\u2019s major trading partners such as ASEAN, EU and the US.<\/span><\/p>\n

What does India export to China and import from China?<\/h5>\n

India\u2019s biggest exports to China are iron ore, cotton, and other raw material-based commodities.\u00a0<\/span><\/p>\n

India’s biggest imports from China include mechanical and electrical machinery and medicinal supplies. The imports of medical supplies have almost doubled in the past two years.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: This post is based on the article \u201cIndia\u2019s trade with China set to exceed $100 billion in 2021\u201d published in The Hindu on 17th October 2021. What is the News? According to the data from China\u2019s General Administration of Customs(GAC), India\u2019s trade with China is set to cross the $100 billion mark for the… Continue reading India\u2019s trade with China set to exceed $100 billion in 2021<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,9],"tags":[],"class_list":["post-141630","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-public","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704936334},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/141630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=141630"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/141630\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=141630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=141630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=141630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}