Transactions between the two Asian countries are growing despite diplomatic friction Trade between India and China has hit a historic high of $136.2 billion, Beijing’s envoy stated at a function in New Delhi on Wednesday, suggesting that over the past year, relations between the neighboring states have gained “positive momentum.” Bilateral trade grew by just 1.5% – it stood at $135.9 billion in 2022, when New Delhi’s trade deficit with Beijing exceeded $100 billion. Last year, however, Indian exports to China increased by 6%, the envoy noted. “Over the past year, China-India relations have shown a positive moment
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