India’s Trade Deficit with China Soars to Record $99.2 Billion in FY25: A Comprehensive Analysis of Causes, Impact, and Future Implications
Introduction India's trade deficit with China has reached an unprecedented milestone, hitting a staggering $99.2 billion in fiscal year 2024-25, marking a significant deterioration in the bilateral trade relationship between Asia's two largest economies. This record-breaking figure represents a substantial increase from previous years and highlights the deepening economic imbalance that...
