China's Exports To India Plunge While India's Exports to China Surge
The trade flow between India and China has tilted significantly in favour of the former one. The Chinese Customs Data released on December 7 read that China's export to India, from January-November 2020, has plunged 13% whereas its import from India has increased by 16%. Reportedly, China's export to India stood at $59 billion while India exported about $19 billion of goods to China. With this, India lowered its trade deficit with China.