AN OVERVIEW OF BILATERAL TRADE BETWEEN INDIA AND CHINA AND IMPACT OF TRADE WAR ON INDIAN ECONOMY
Ummey Aiman
Research Scholar, Department of Applied Economics, University of Lucknow
Abstract
The study evaluates the trading pattern between China and India, both of which have seen consistent economic growth since opening up to outside finance and trade in 1980. Primary goals include analyzing the changes in Indo-Chinese commerce, investigating prospective trade opportunities, and projecting trade estimates. The primary source of information for the paper is secondary data. The compilation of data and information from secondary sources involved reviewing several pertinent periodicals, export figures from the Export Promotion Bureau and Export and Import Bank, the Economic Review, a WTO periodical, and the Ministry of Commerce, Government of India. The results suggest that trade can be an ideal solution and can be a key factor in enhancing bilateral relations with other global economies. China's and India's remarkable recent growth serves as evidence of this. This study aims to report on the bilateral trade relations between China and India.
Keywords: India, China, Trade War, Bilateral trade
Journal Name :
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EPRA International Journal of Multidisciplinary Research (IJMR)
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Published on : 2024-06-21
Vol | : | 10 |
Issue | : | 6 |
Month | : | June |
Year | : | 2024 |