India’s trade with China soared 62% in H1



Ananth Krishnan | The Hindu

India’s trade with China in the first half of 2021 rose by a record 62.7% — the highest increase among China’s major trade partners — with total two-way trade surpassing the pre-pandemic levels.

Two-way trade after six months was $57.48 billion, the highest on record for the first half. Bilateral trade surged from the year-earlier period, when trade slumped amid the pandemic, and surpassed the $44.72 billion pre-pandemic figure recorded in the first half of 2019, according to data released on Tuesday by China’s General Administration of Customs.

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