Trade among military deployments is also highest: India has borrowed a record Rs 6.59 lakh crore from China amid tensions on the LAC. 49% more than last year

Despite the failure of 12 commander-level talks on the border dispute, the coordination of the Ministry of External Affairs in both the countries is intact.

The mutual trade between India and China has reached a record level this year. Between January 1 and November 30, 2021, a total business of Rs 8.57 lakh crore was done in both the countries, which is 46.4% more than the previous full year. The important thing is that in these 11 months, India has taken 6.59 lakh crore rupees from China. Bought goods of Rs.

At the same time, China has taken a total of Rs 1.98 lakh crore from India. goods, which is 38.5% more than last year. That is, the trade deficit has gone up to 4.61 lakh crore, which is the highest ever. This figure of record trade between the two countries is shocking the world because tension has increased between the two countries on the LAC since last year. More than 50-50 thousand soldiers are deployed on both sides. This number is the highest since the 1962 war.

Despite the failure of 12 commander-level talks on the border dispute, the coordination of the Ministry of External Affairs in both the countries is intact. According to the trade data released by the Chinese government, the year 2021 has been very good for China from the point of view of trade with India. To increase trade, both the countries have agreed to form a High Level Economic and Trade Dialogue (HETD). It will include the Foreign Minister of India and the Vice Premier of China.

Trade deficit increasing year after year