Encyclopedia of India–China Cultural Contacts v1.c5.s1.65

v1.c5.s1.65

Since then, trade between India and China has grown at a phenomenal rate, and is the most dynamic element in the relationship at the present time. Currently, China is India’s largest trading partner. However, there is a distinct imbalance in the trade, with the balance of trade in China’s favour, and the figure is only a small proportion in the total volume of foreign trade of the two countries. Measures are being taken to try and diversify and strengthen the structure of the trading relationship between the two countries.