While India’s imports from China declined, so did India’s imports overall with a slump in domestic demand last year.
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Unknown title -19 slump. China’s total iron ore imports were up 9.5 per cent in 2020. Whether 2020 is an exception or marks a turn away from the recent pattern of India’s trade with China remains to be seen. <span>While India’s imports from China declined, so did India’s imports overall with a slump in domestic demand last year. There is, as yet, no evidence to suggest India has replaced its import dependence on China by either sourcing those goods elsewhere or manufacturing them at home, and the trade pattern
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