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  • Tue. Jul 9th, 2024

India’s trade deficit with China at 5-year low

Byindianadmin

Jun 23, 2020 #China, #year'
India’s trade deficit with China at 5-year low

BRAND-NEW DELHI: India’s trade deficit with China is estimated to have narrowed to $487 billion throughout the

last fiscal year

— the most affordable in five years– compared with $536 billion a year ago, as

imports

from across the border dropped over 7%to $65 billion in 2019-20

In 2015’s trade deficit was approximately the like the level seen in 2014

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