China India pandemic economy Coronavirus China India

India’s trade balance with China doesn’t bode well for a boycott

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.To be sure, the coronavirus pandemic may have changed this markedly, as India’s overall imports have crashed in the past two months.Given Chinese businesses were slowly opening up even as India and other countries were under lockdown, the neighbouring country could cater to a lot of cross-border trade.

A fallout of this would be an increase in China’s share in India’s overall imports.It is no denying that Chinese exports into India are entrenched in the supply chain of several sectors.What did we import from China?Engineering goods dominate the import basket, followed by electronics.

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