Wednesday, 17 April 2019

There is a trade war with China and USA and benefit is saught by India



There is a trade war with China and USA and benefit is saught by India

There is a trade war going on between USA and China

China want to expand its ambitions geography e business and its philosophy communist philosophy

USA wants to counter China separate China and doesn't want any competitor challenging his monopoly

There is a trade deficit between India and China since last 10 years India is struggling to cope up with the trade definition trade efficiencies


After the trade war with USA China wants to export and import goods and services to India


USA also after the trade war with China wants to export and import goods and services to India

So India is getting double benefit from USA and China due to you trade war between China and USA

India's export to China is increasing and India's import from China is decreasing

Both the countries has preferred India as their trade partner

Due to this China has opened market 82 India and now India can freely export is agricultural product and engineering product to China

After 10 years it has happened there is a decrease in between trade deficit between trade with China and trade with India


This year there was 31% increase in export scene due to effective measures taken by government

Due to trade war with USA China is is making lenient policies and rules for India and Indian product and services

Now India can export fish sugar maize fruits plastic product to China

This year and last year there was growth of more than 30% in shipment was seen to China

Import has decrease and export has increased to China

So it was 76 billion dollar import decrease to 70 billion dollar

Because of USA China trade war
India is benefited and this trade war of USA China will keep on increasing in further years



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