Part of: Prelims and GS II – International relations
Context India’s trade with China is set to cross the $100 billion mark for the first time in 2021, an almost 30% jump from pre-pandemic levels.
- India’s biggest exports to China are iron ore, cotton, and other raw material-based commodities.
- India imports mechanical and electrical machinery in large quantities, while imports of medical supplies have also increased in the past two years.
- The growth in trade with India was among the fastest for China’s major trading partners.