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World丨Robust trade to help boost Sino-Indian ties

CHINADAILY  · 公众号  · 时评  · 2024-05-28 10:39
    

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China's export of key commodities, consumer goods and services, along with robust investment, is contributing to burgeoning Sino-Indian trade, which can help to stabilize overall ties between the two neighbors, analysts say. China has edged out the United States to become India's largest trading partner in the fiscal year ending March, with a total two-way trade of $118.4 billion, according to data released earlier this month by think tank Global Trade Research Initiative. The strong trade partnership can serve as a building block to steer bilateral ties onto a positive trajectory, analysts said. While China is projected to become the world's largest economy, India is all set to become the third largest, said Swaran Singh, a professor of diplomacy and disarmament at Jawaharlal Nehru University in New Delhi. "So, expansion of their economic engagement is natural given the size of their population, rapidly growing economies and consumerism of youth and middle class on both sides," Singh ………………………………

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