The massive trade imbalance has triggered India to imposed anti-dumping duty on 90 items (pdf) from China in an attempt to safeguard its own manufacturers.

While India tries to ring-fence its manufacturers, the trade deficit signals reliance on the country’s part. It also shows that India is a big market for Chinese producers.

The list of things India imports from China range from nuclear equipment to raw materials for making fertilisers.

Even if the trade relationship is lopsided, China is still one of the largest markets for Indian exporters. If we add Hong Kong (administered by China) to the mix, the export numbers are even higher.

India’s top exports to China include raw materials like ores and chemicals.

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