Substack

Sunday, July 8, 2012

India-China trade fact of the day

For every dollar’s worth of exports to China, India imports three, leading to a trade deficit of up to $40 billion in the year to March 2012, or about 2% of GDP. China accounts for a fifth of India’s overall trade deficit with the world, over half if oil is excluded.
(HT : The Economist)

No comments: