Thursday, Sep 29, 2022
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Himalayan Boulder

The India-China trade route is strewn with irritants and menaces

Himalayan Boulder AFP (From Outlook, January 23, 2012)

Chinese Checkers

India, China officially resume trade in 1978. In 1984, they sign the Most Favoured Nation Agreement

  • Total trade: over $ 67 billion. Balance of trade in China’s favour—around $20 billion
  • Reason: China sells finished goods, and India, largely raw materials
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