An Analysis of Export-Import Relation Between Indo-China Trade | Original Article

ABSTRACT:

The relationship between the two Asian powers, as well as the rest of the world, has been rapidly evolving. Over the years, both countries have seen their fair share of ups and downs. These two Asian behemoths have piqued the interest of worldwide corporate executives, who are taking a new look at the two countries' quickly expanding potential. The rapid growth of India-China goods trade, which has already surpassed US 42 billion in 2009–2010, is a clear indicator of the two countries' current relationship. China has surpassed the United Arab Emirates as India's second-largest trading partner. As a result, some technologically advanced items must be included to the export basket to China. The recent rapid rise in bilateral trade is one of the biggest occurrences in international commerce and economics. India has risen to become one of China's top 10 trading partners, whereas China has risen to become one of India's top three trading partners. Because of the vast size and mix of economies and exports, as well as strong growth rates and political will on both sides, bilateral trade will continue to develop and have a substantial influence on global commerce and economy