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India China trade deal: According to the latest figures from the Department of Commerce, India's trade deficit with China surged to $102 billion between April and February. What is surprising is that there is still one month remaining in the financial year. During the same period last year, this deficit stood at approximately $91.1 billion. This means that in just a single year, this gap has widened by another $11 billion. Now, consider a crucial point here: India does indeed sell goods to China—however, the volume of goods flowing from China into India is many times greater. This is precisely why such a massive trade deficit is emerging. According to the data, India's exports to China rose by 38% to reach $17.5 billion between April and February. That sounds promising... but the other side of the story is far more alarming. During that same period, India's imports from China increased by 15%, reaching approximately $120 billion. In other words, India is purchasing a significantly larger volume of goods from China. And this is the reason why the trade deficit continues to widen steadily. Watch this video for the full details. India China Trade : भारत को ले डूबी चीन पर निर्भरता, लगा 100 अरब डॉलर का बड़ा झटका! | BIZ Tak #indiachinatrade #tradedeficit #china #IndiaChinaTrade #TradeDeficit #IndiaEconomy #ChinaImports #ExportImport #BusinessNews #EconomicNews #TradeGap #IndiaChinaRelations #GlobalTrade #EconomyUpdate #MarketNew ------------ BizTak Premium ज्वाइन करने के लिए क्लिक करें ...... / @biztak क्लिक कर देखें लेटेस्ट TAK फोटो गैलरी: https://www.tak.live/biz-tak ------- About the Channel: BIZ TAK is a one-stop destination in the digital world for business minds and for people who want brief analysis of business.The channel provides you the latest in the world of business from India and across the globe. BIZTAK provides you all the latest updates and information from the business fraternity whether it be business news,stocks,property,mutual funds,automobiles,gadgets,bullion market,investment tips from experts and tax related issues. Follow on: Facebook: / biztakofficial