Comments
India’s trade deficit with China increased to $51.86 billion in 2015, Parliament was informed today.
“Increasing trade deficit with China can primarily be attributed to the fact that Chinese exports to India rely strongly on manufactured items meeting the demand of fast-expanding sectors like telecom and power while India’s exports to China are characterised by primary products, raw material and intermediate products,” Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.
She said India’s trade deficit with China stood at $51.86 billion, with a bilateral trade of $71.22 billion in 2015.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.