Beijing: The China-India bilateral trade in the first half of the year totalled $57.48 billion, up 62.7 per cent year on year, perhaps the highest in recent years amid the Ladakh impasse and the Covid-19 pandemic, according to data released by China’s Customs.
Though Indian exports to China picked up with 69.6 per cent year on year increase, the trade deficit, a structural problem for India for long, climbed to 55.6 per cent. According to data released by China’s Customs, India’s exports to China reached $14.724 billion, up 69.6 per cent year on year in the first six months and India’s imports from China amounted to $42.755 billion, up 60.4 per cent.
