The bilateral trade between China-India rose by which of the following percent in the first half of 2021?
A. 62.7%
B. 76.3%
C. 37.2%
D. 43.4%
Explanation:
The Bilateral trade between China-India in the first half of 2021 rose by a record 62.7%, the highest increase among China’s major trade partners with total two-way trade surpassing the pre-pandemic levels. Though Indian exports to China picked up with 69.6 per cent year on year increase, the trade deficit, a structural problem for India for long, climbed to 55.6 per cent.