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India’s trade deficit with China dips to $48.66 billion in FY20

Byindianadmin

Jul 2, 2020 #billion, #China
India’s trade deficit with China dips to $48.66 billion in FY20
Is a financial boycott of China practical for India?

The main imports from China consist of clocks and watches, musical instruments, toys, sports goods, furnishings, mattresses, plastics, electrical machinery, electronic devices, chemicals, iron and steel items, fertilisers, mineral fuel and metals.

India has time and once again raised concerns over the widening trade deficit with China. The government is framing technical guidelines and quality standards for a number of items to decrease reliance on Chinese imports.

It has likewise imposed anti-dumping tasks on a number of items, which are b

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