Hindi-Chini Buy-Buy ! China Surpasses US to Become India's Largest Trading Partner
In the dynamic landscape of global trade, alliances and partnerships often shift, revealing new economic dynamics and opportunities. The recent data released by the economic think tank GTRI unveils a significant shift in India's trade relations – China has now emerged as India's largest trading partner, surpassing the United States. Summarized insight: China now India's top trade partner, surpassing US. Indian exports to China up 8.7% in FY 2023-24. "Hindi-Chini Buy-Buy!" symbolizes growing Indo-China economic ties. India-China trade reflects mutual benefits despite tensions. Key to India-China partnership: trade facilitation, investment, cultural exchange. In the fiscal year 2023-24, the bilateral trade between India and China soared to $118.4 billion, edging past the longstanding partnership with the US, which stood at $118.3 billion during the same period. This milestone marks a pivotal moment in the economic ties between the two Asian giants, heralding a new e