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Amid Border Tensions, India’s Trade With China Reaches Record Levels In 2022: Reports

China

India’s trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. In 2021, the deficit was $69.38 billion.

New Delhi: India’s trade deficit with China crossed $100 billion for the first time, with Indian imports also increasing to an all-time high despite sour bilateral relations since the Galwan clash in 2020.

According to the data released by the Chinese customs department on Friday, India-China trade for 2022 climbed to $135.98 billion – a rise of 8.4% over the $125 billion mark a year earlier.

The data said that China’s exports to India climbed to $118.5 billion (a 21.7% increase year-on-year) while China’s imports from India diminished to $17.48 billion from $28.1 billion – a year-on-year decline of 37.9%.

India’s trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. In 2021, the deficit was $69.38 billion.

According to the news agency PTI, India-China trade in 2021 was $125.62 billion, an increase of 43.32% year on year and the first time that trade was greater than $100 billion. That year, India’s imports from China increased by 46.14% to reach $97.59 billion. India’s exports too had increased by 34.28% to reach $28.03 billion in 2021.

In May 2020, just months after the never-seen covid-19 pandemic had hit India PM Modi had announce Atmanirbhar Bharat in his address to the nation.

Meanwhile, External Affairs Minister S. Jaishankar had earlier last year said that: “We continue to strive for a relationship with China, but one that is built on mutual sensitivity, mutual respect, and mutual interest.”

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Political Stir Over Meeting Of CM And Former CMs In Madhya Pradesh

Aleesha Sam

Bhopal: Rajya Sabha MP Digvijaya Singh sat on a Dharna one km away from chief minister’s office on Friday after CM Shivraj Singh Chouhan allegedly cancelled their meeting to discuss issue of displacement of villagers due to the Tame Irrigation project.

The political drama began when the photos and videos of a meeting of Chouhan with MP Congress Committee president Kamal Nath at the state hangar in Bhopal went viral on social media.

After meeting with the CM, Kamal Nath joined the protest with Digvijaya Singh. Nath also got angry on media persons for asking questions on the purpose of his meeting with the CM.

Digvijaya Singh said he sought a time to meet the chief minister to discuss the matter of compensation against the displacement of villagers after five thousand hectares of land submerged due to the Tame irrigation project of Suthalia of Rajgarh, Bhopal and Vidisha districts. “More than 1500 families will be displaced but they are not getting enough compensation,” said Singh.

Singh said the CM’s office gave him time at 11 .15 am on Friday for meeting but he was informed on Thursday that the meeting was cancelled.

Singh said he will reach on time and will stage a protest because the CM has no time to listen to the issues of common people.

However, the meeting was cancelled as the CM went to attend a function in Dewas.

After the video of their meeting went viral on social media, Nath said, “We met accidentally as I was returning from the Chhindwara and the CM was leaving for Dewas. It was a courtesy meeting.”

He further said, “After I came to join Dharna, Digvijaya Singh informed me that he was seeking time for the past one-and-a-half months but the CM has no time to listen to him. We will stage protest with villagers who are being displaced without proper compensation.”

Later, the CM also said that we were crossing each other at state hangar and it was just a cordial meeting. “I told Digvijaya Singh to come and meet on January 23 but he is more interested in politicising the matter,” Chouhan said.

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