Trade between China and India reaches a new high of US$125 billion

In 2021, total trade between China and India was USD125.66 billion, up 43.3% from the previous year.

Trade between China and India reaches a new high of US$125 billion
(Source-@Dharma2X/Twitter)

According to official data released on Friday, bilateral trade between India and China reached a new high of over US$125 billion in 2021, surpassing the US$100 billion mark in a year when relations hit a new low due to a prolonged standoff by militaries in eastern Ladakh, while India's trade deficit grew to over US$69 billion.

The state-run Global Times, total trade between China and India in 2021 was US$ 125.66 billion, up 43.3% from 2020, according to data from the General Administration of Customs.