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
No comments:
Post a Comment