Xiamen: Chinese President Xi Jinping, right, and Indian Prime Minister Narendra Modi shake hands before the group photo session at 2017 BRICS Summit in Xiamen, Fujian province in China, Monday, Sept. 4, 2017. AP/PTI(AP9_4_2017_000005B)
China has regained its position as the top trading partner of India in 2020, which was held by the United States, since 2018-19. The two-way trade between India and China stood at $77.7 billion in 2020 despite the conflict along the Line of Actual Control (LAC) and the rising anti-China sentiment. The India-US bilateral trade stood at $75.9 billion, according to provisional data from the commerce ministry. Meanwhile, the UAE continues to remain India’s third-biggest trading partner.
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