Over past 3 years, commerce ministry data on bilateral trade with China has hovered around $95 bn. Data from Chinese govt over last 3 fiscals shows figures steadily above $110 bn.
In his article, Zhang Jiadong, director of the Center for South Asian Studies at Fudan University, discusses India’s shift towards a ‘great power strategy’ under Modi.
Veteran investor says government’s swift actions to ease doing business in India will ensure that manufacturing remains in the country and does not shift back.
Commerce ministry data shows that in April and May, India’s exports to China declined by 31% while imports grew by 12.75%. Overall trade grew by just 2% compared to previous year.
If India hopes to implement infra projects in the neighbourhood to restrain China, it will have to create management groups to support diplomats on the ground.
In an India that was post-Mughal but pre-British Raj, diplomacy, popular religion, and a constellation of genius painters created the most spectacular Ramayana adaptation ever.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Excellent excellent report !! Had read the story two years ago. Thanks for following this & other trade issues. Would you know which method is followed internationally COC or COO ?
Excellent excellent report !! Had read the story two years ago. Thanks for following this & other trade issues. Would you know which method is followed internationally COC or COO ?