India's trade deficit with China widening continuously: Foreign secretary

Even as trade between India and China continues to expand, it remains 'unbalanced' and is tilted in the favour of China, foreign secretary Harsh Vardhan Shringla said on Thursday.

With a deficit at $47 billion in the first nine months of this year, it the largest deficit India has with any country.

Bilateral trade between India and China during the first nine months of 2021 grew 49 per cent on year to $90 billion. "At this rate, we are likely to attain the highest ever bilateral trade between two countries," Shringla said at a seminar on leveraging China's economy.

Last year, the total