tailieunhanh - Indo-Chinese trade: Uneven partnership

This paper analyzes the emerging trends in Chinese trade, Indo-China trade and explores the issues which are hampering the growth and development of trade between the two emerging economies of the world as there has been enormous potential of expansion and diversification of trade. The paper further gives guide-posts for improving the trade relation between India and China. | RESEARCH ON ECONOMIC AND INTEGRATION INDO-CHINESE TRADE UNEVEN PARTNERSHIP Badar Alam Iqbal Dexue Liu Abstract India and China are two emerging economic giants on global map. Their rise is good for the globe which has enough space to accommodate the growth aspiration of the people in both the countries. The contribution of both economies to the global trade is significant. They can play a vital role in the creation and facilitation of global trade by enhancing their respective trade as well as their trade with each other. This paper analyzes the emerging trends in Chinese trade Indo-China trade and explores the issues which are hampering the growth and development of trade between the two emerging economies of the world as there has been enormous potential of expansion and diversification of trade. The paper further gives guide-posts for improving the trade relation between India and China. Keywords China s exports China s imports India s imports from China India s Exports to China India s balance of Trade with China. Date of submission 22nd July 2014 - Date of approval 10nd January 2015. The emergence of China as the second largest economy is a significant development in the recent years on the global map. This has become possible by adhering on export-led growth. In 2013 China has emerged out as the biggest trading country in the world outclassed the USA and the trade surplus of China amounted to US 259 billion. Chinese share in the global trade is around 5 per cent resulting into substantial increase in the Chinese volume value of trade and trade surplus. China and India are ranked among the top emerging markets of the globe today and are being seen as economic powerhouses for coming times. The recent visit of Chinese President to India has created a more conducive and coherent environment for expansion of trade between India and China. Bilateral trade between the Extraordinary Professor School of Economic Sciences North-West University South Africa and .