
China Reclaims Top Spot: Becomes India’s Largest Trading Partner
China has edged out the United States to become India’s top trading partner for the fiscal year 2023-24 (FY24), according to data from the economic think tank Global Trade Research Initiative (GTRI). Total two-way trade between India and China reached $118.4 billion, narrowly surpassing the $118.3 billion in trade with the US. This marks a…