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India's exports to China posted a USD 5.5 billion increase compared to last year bucking the declining trend even as the trade deficit hit a record USD 116.12 billion, as per the annual trade data released by Chinese customs here on Wednesday. Bilateral trade, too, surged to an all time high to USD 155.62 in 2025, according to the data. Indian exports to China which over the years struggled to make headway climbed to USD 19.75 billion between January and December last year, posting a 9.7 per cent increase, amounting to USD 5.5 billion, according to the data. At the same time, Chinese exports to India increased 12.8 per cent to USD 135.87 billion last year. While trade is picking up from both countries, the total bilateral trade surged to a record high of USD 155.62 billion in 2025, the year in which both countries faced US President Donald Trump's tariff hikes. The trade deficit -- a constant problem in India-China trade -- touched a record high of USD 116.12 billion, crossing the
A week in which longtime tensions between neighbours China and Japan ratcheted up economically end politically drew to a close with no sign of improvements Friday as the Chinese ambassador in Tokyo rebuffed his host nation and the Japanese reported delayed shipments to suppliers in China because of the spat. The two developments capped a week where China made clear its displeasure with Japan by instituting new export controls, condemning what it called Tokyo's renewed militarism and cosying up to another regional neighbour, South Korea, during its leader's visit to Beijing. On Friday, the Chinese Communist Party's flagship newspaper, People's Daily, kept the jabs coming. New militarism will lead Japan back into the abyss, it said in an editorial. History serves as a stark warning, yet the Japanese right wing is repeating its old tricks. It was the latest in several days of pointed Chinese criticism toward Japan after its prime minister, Sanae Takaichi, suggested in November that sh
India's trade deficit with China is expected to reach USD 106 billion in 2025 as imports are rising faster than the country's exports to the neighbouring country, think tank GTRI said on Friday. It said that the country's exports to China fell from USD 23 billion in 2021 to USD 15.2 billion in 2022, stayed low at USD 14.5 billion in 2023, and then edged up to USD 15.1 billion in 2024. In 2025, exports are estimated to improve to USD 17.5 billion, still well below earlier levels, the Global Trade Research Initiative (GTRI) said in its report. On the other hand, imports from the neighbouring country have climbed much faster - from USD 87.7 billion in 2021 to USD 102.6 billion in 2022, USD 91.8 billion in 2023 and USD 109.6 billion in 2024. This calendar year, the country's inbound shipments are estimated at USD 123.5 billion. "This has pushed India's trade deficit (difference between imports and exports) with China from USD 64.7 billion in 2021 to USD 94.5 billion in 2024, and an ..
China's exports returned to growth in November following an unexpected contraction the month before, although shipments to the United States dropped nearly 29% from a year earlier in an eighth straight month of double-digit declines. Overall exports from China were 5.9% higher than last year in November in dollar terms, customs data released on Monday showed, at $330.3 billion, better than economists' estimates. That was an improvement from a 1.1% contraction in October. While exports from China to the US have fallen for most of the year, shipments have surged to other destinations, including Southeast Asia, Africa and Latin America. China's imports increased 1.9% in November, better than October's 1% growth, even though a persistent downturn in the property sector is still weighing on consumer spending and business investment. A year-long trade truce between China and the US was reached at a meeting between US President Donald Trump and Chinese leader Xi Jinping in late October in