CatalystGeopolitics
INDIA $100 BILLION CHINA TRADE DEFICIT : ARE NON TARIFF BARRIERS BLOCKING INDIAN EXPORTS ?
India's $100 billion China trade deficit raises questions about non-tariff barriers blocking Indian exports.
Context
What happened: Finance Minister Nirmala Sitharaman said China's non-tariff barriers are a major obstacle to Indian exports, speaking at an Atlantic Council event during the IMF meeting in Bangkok.
Key numbers: India's trade deficit with China exceeded $100 billion in the first nine months of the year.
Why it matters: Sitharaman said the restrictions keep Indian products from reaching their potential in one of the world's largest markets, as the trade imbalance widens.
Coverage: 6 outlets in 24h
What changed
Finance Minister Nirmala Sitharaman said China's non-tariff barriers are a major obstacle to Indian exports, speaking at an Atlantic Council event during the IMF meeting in Bangkok.
Why it matters
Sitharaman said the restrictions keep Indian products from reaching their potential in one of the world's largest markets, as the trade imbalance widens.