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  • India earned a record Rs 6.59 lakh crore. Imported this, 49% more than last year...

India earned a record Rs 6.59 lakh crore. Imported this, 49% more than last year

The mutual trade between India and China has reached a record level this year. Between January 1 and November 30, 2021, a total business of Rs 8.57 lakh crore was done in both the countries, which is 46.4% more than the previous full year.

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  • - Dec 25, 2021 09:09 PM
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India earned a record Rs 6.59 lakh crore. Imported this, 49% more than last year

The mutual trade between India and China has reached a record level this year. Between January 1 and November 30, 2021, a total business of Rs 8.57 lakh crore was done in both the countries, which is 46.4% more than the previous full year. The important thing is that in these 11 months, India has taken 6.59 lakh crore rupees from China.

At the same time, China has taken a total of Rs 1.98 lakh crore from India. goods, which is 38.5% more than last year. Despite this, India's trade deficit has increased to 4.61 lakh crore, which is the highest ever. This figure of record trade between the two countries is shocking the world because tension has increased between the two countries on the LAC since last year. More than 50-50 thousand soldiers are deployed on both sides. This number is the highest since the 1962 war.

Despite the failure of commander-level 12 talks regarding the border dispute, coordination at the Ministry of External Affairs in both the countries is intact. According to the trade data released by the Chinese government, the year 2021 has been very good for them from the point of view of trade with India. To increase trade, both the countries have agreed to form a High Level Economic and Trade Dialogue (HETD). It will include the Foreign Minister of India and the Vice Premier of China.

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