India's Import from China Decline 13%, Exports Goes Up 16% in 2020: Report

[Spartan]

China's exports to India declined by 13 per cent in the first 11 months of the year, while Indian exports to China rose 16 per cent in the same period, according to Chinese customs data released on Monday. The bilateral trade in the first 11 months of 2020 touched USD 78 billion, amidst border tensions between the two countries in eastern Ladakh.

The two countries traded about USD 92.68 billion worth of goods in 2019. According to customs data released on Monday, China exported about USD 59 billion worth of products to India from January to November, down 13 per cent, a report in the state-run Global Times said.

China's imports from India stood at about USD 19 billion in the first 11 months, up 16 per cent. India's trade deficit stood at USD 40 billion from over USD 60 billion in the previous financial year.

Amidst border tensions, New Delhi has banned over 200 Chinese applications as they posed a threat to the "sovereignty and integrity of India". India and China have been locked in a military standoff along the Line of Actual Control (LAC) in eastern Ladakh since May this year. Multiple rounds of talks between the two sides to resolve the standoff have not yielded any concrete outcome.

[PilliBeta]

Original numbers please

[Spartan]

Just now, PilliBeta said:

Original numbers please

Jan nunchi border deggara nunchoni..counting cheddam...for real numbers...

enta vastundi..enta potundi ani.

[kakatiya]

Exports increased as china started buying our rice..

 

There is acute shortage in rice as Thailand and other countries had bad season..so china has no option

[Spartan]

Just now, kakatiya said:

Exports increased as china started buying our rice..

 

There is acute shortage in rice as Thailand and other countries had bad season..so china has no option

India banned their products ani kuda cheppu...anduke imports tagginai.

[kakatiya]

1 minute ago, Spartan said:

India banned their products ani kuda cheppu...anduke imports tagginai.

You cannot ban imports ..its international trade law .

 

They banned websites like shein etc..you cannot order ..when you cannot order you cannot import

[ChinnaBhasha]

banning applications ki emina affect untada tradelo

[Spartan]

1 minute ago, kakatiya said:

You cannot ban imports ..its international trade law .

They banned websites like shein etc..you cannot order ..when you cannot order you cannot import

elctronic appliances boycott and ban cheyadam aindi..

chinki galu trade law ki velladam kuda jargindi...

[narsy]

calling fiberals. inka late enduku. hahaha...

[kakatiya]

6 minutes ago, Spartan said:

elctronic appliances boycott and ban cheyadam aindi..

chinki galu trade law ki velladam kuda jargindi...

Electronic appliances they cannot ban for long enough..made in india project dwara we didn't achieve much in terms of fab cities !! So we are still depending on them for the chip manufacturing. 

[Spartan]

1 minute ago, kakatiya said:

Electronic appliances they cannot ban for long enough..made in india project dwara we didn't achieve much in terms of fab cities !! So we are still depending on them for the chip manufacturing. 

thats a long process.......it has started.

companies  started to procure some materials from local comp.

electronic chip manf...impossible to remove dependence for any country

[kakatiya]

Just now, Spartan said:

thats a long process.......it has started.

companies  started to procure some materials from local comp.

electronic chip manf...impossible to remove dependence for any country

Yes it is a long process at least they should give quarterly report ! And have a press meet or some kind of question are .

 

Without that every thing is perfect but economy is mysteriously sinking

 

 

[narsy]

3 minutes ago, kakatiya said:

Electronic appliances they cannot ban for long enough..made in india project dwara we didn't achieve much in terms of fab cities !! So we are still depending on them for the chip manufacturing. 

chips are not made in china. they are made in taiwan. and china shows taiwan numbers as its own. 

its a funny country. China is also just an assembling nation for electronics. Not much engineering design work going there. everything done in Taiwan. 

[narsy]

1 minute ago, kakatiya said:

Yes it is a long process at least they should give quarterly report ! And have a press meet or some kind of question are .

 

Without that every thing is perfect but economy is mysteriously sinking

 

 

They tried. Its not financially feasible to have chip manufacturing in India without govt's direct investment.

as usual Indian govt is a chillar govt that won't invest in anything. so there.

also the tech changes too fast in that field for govt to actually run such companies successfully.

[sattipandu]

one reason i believe exports to china were up 16% , is due to Rice exports.

it would be better if we can get a breakdown of of our export data to china

but that would be asking for too much from an inept govt and establishment

jai modi  jai jai modi