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Printing Media Said That Bilateral Trade Volume Exceeded 60 Billion US Dollars In 2010.

2011/1/28 11:28:00 118

Trade Export Import

The news of January 27th was heavily influenced by India.

Imported

The impact of China's machinery and equipment, bilateral relations between China and India in 2010

Trade

The amount exceeds the expected value of the two countries, reaching 61 billion 700 million US dollars.


Reported that this month 26 released data show that China in 2010 to India.

Exit

It's 40 billion 800 million dollars.

Compared with the US $43 billion in 2009, the volume of trade between the two countries increased by 43% in 2010.

In 2008, China became India's largest trading partner.


However, with the substantial increase in bilateral trade, the outside world also expressed concern about India's trade deficit.

It is understood that India's exports depend mainly on natural resources, including iron ore, cotton and other raw materials, so the trade surplus of about $20 billion has just offset the trade imbalance with China.

According to India officials, India's trade deficit will expand in recent years.

While India is restricting the export of iron ore, China is also looking for more iron ore suppliers.


Reported that China mainly exported to India, such as machinery and equipment, including finished products.

India's demand for China Telecom and power equipment has increased the import volume of India.

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