China Claims: China made a big claim on India being a trading partner

China has claimed on Tuesday that it is still India's largest trading partner in the financial year 2021-22 according to its data. China has made this claim citing a report.

Referring to the report of China being America's top trading partner, China said that the reason for this is 'difference' in the various methods adopted for calculating the trade volume of India and China. Foreign Ministry spokesman Zhao Lijian told reporters that 'according to the data of Chinese competent authorities, bilateral trade between China and India stood at $ 125.66 billion in 2021.'

He was asked about the report of the US overtaking China to become India's largest trading partner in 2021-22. Zhao said on this, 'China remains India's largest trading partner and for the first time bilateral trade exceeded US $ 100 billion in 2021.' 

China follows a financial year from January to December, while in India it is April-March. Zhao said that China has long been India's major trading partner, despite widespread concerns over the increasing trade deficit every year.