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India can cut $8.4 bn PRC imports in FY22

India can cut $8.4 bn PRC imports in FY22

by TEXTILE VALUE CHAIN | Jun 25, 2020 | Finance & Economy, Industry And Cluster, News & Insights

India can potentially reduce its trade deficit with China by $8.4 billion over fiscal 2021-22 that is equivalent to 17.3 per cent of the deficit with China and 0.3 per cent of India’s gross domestic product (GDP), according to Acuité Ratings and Research, which...

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