India and China have a long history of trade and commerce, but the importance of this bilateral relationship has been emphasized in recent years. With the trade between the two countries reaching an all-time high in value terms, it is important to understand the dynamics of this relationship and its potential for growth in the future. India and China have become two of the largest trading partners in the world. In 2018-2019, the two countries traded goods worth $95.54 billion, making India China’s largest trading partner after the United States. The two countries have also been increasing their investments in each other, with China being one of the top sources of FDI in India. The India-China trade is largely driven by imports from China into India. Chinese exports to India are largely driven by the country’s manufacturing sector and include items such as electronics, machinery, textiles, and apparel. India, on the other hand, is a major exporter of agricultural products, minerals, and ores to China. India’s exports to China have been increasing steadily in recent years, driven by increasing demand from China for agricultural products. The India-China trade relationship is expected to continue to grow in the years to come. The two countries are currently negotiating a comprehensive economic agreement which is expected to further strengthen the economic ties between them. Additionally, the two countries have been increasing their cooperation in areas such as infrastructure, energy, and technology. This is expected to lead to further growth in the India-China trade relationship. The India-China trade is an important part of the global economic landscape, and its growth has tremendous potential for both countries. With the two countries continuing to strengthen their economic ties, the India-China trade is expected to keep growing in the years ahead. Thank you.
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