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15-01-2022, 12:18 PM
Published: Jan 14, 2022 05:07 PM
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The total amount of trade between China and India in 2021 stood at US$125.66 billion, up 43.3 percent from 2020. Of which, China's exports to India were US$97.52 billion, up 46.2 percent, while China imported US$28.14 billion worth of goods from India, up 34.2 percent
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Analysts attributed the surge in trade to the complementary aspects of the industrial chains of the two countries. For example, about 50-60 percent of chemicals and other materials used by the Indian pharmaceutical industry, which is a pillar industry, are imported from China.
India was China's 15th largest trade partner in 2021
https://www.globaltimes.cn/page/202201/1245968.shtml
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The total amount of trade between China and India in 2021 stood at US$125.66 billion, up 43.3 percent from 2020. Of which, China's exports to India were US$97.52 billion, up 46.2 percent, while China imported US$28.14 billion worth of goods from India, up 34.2 percent
......
Analysts attributed the surge in trade to the complementary aspects of the industrial chains of the two countries. For example, about 50-60 percent of chemicals and other materials used by the Indian pharmaceutical industry, which is a pillar industry, are imported from China.
India was China's 15th largest trade partner in 2021
https://www.globaltimes.cn/page/202201/1245968.shtml
