Articles for tag: Broader, China, dependency, Exports, Global, Highlighting, Import, Indias, Plummet, Rising, Slowdown, Trade

India’s exports to China plummet by over 22%, highlighting rising import dependency amid a broader global trade slowdown.

India is experiencing a significant drop in exports to China, with a 22.44% decline to $1 billion in August, compared to an overall export decrease of 9% to $34.7 billion. Despite this contraction, China’s dependency as India’s largest import partner remains strong, with imports rising by 15.5% year-on-year to $10.8 billion. Key export items to ...