The meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping at the BRICS Summit 2024 in Russia is a positive step, but it may not bring a big change to India China trade and economic relations. Building a strong and balanced economic relationship will need long-term efforts to reduce India’s dependence on Chinese…
Key Highlights BRICS Background The BRICS coalition, which includes Brazil, Russia, India, China, and South Africa, was founded to promote economic cooperation and development among emerging economies. Established in 2009, BRICS has aimed to create a multipolar world that counters Western dominance, particularly that of the United States. As of 2023, BRICS represents over 40%…
China is finally the republic of china. China comprises 23 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions that how entire China is made. China is the most populated country in the world with a total population of 1.4 Billion inhabitants living in china. According to China Import Export Data, China is…
An Import Export Business is a great way to enter the global market, enhance your brand value, and generate more sales. It is getting popular among youths across the globe. Starting an import-export business from China to India can be a good idea. From Mobile phones, TV, Games, or toys, you will find Chinese products…
According to Indian Customs Export Data Year Wise and statistics issued by the Directorate General of Commercial Intelligence and Statistics, India’s exports to China increased by 21% to USD 22.9 billion in the 2021 calendar year, while imports increased by 49% to USD 87.5 billion. Bilateral commerce between the two nations increased by 42.2% year…
