I. J. of Business & Management Research
Research Article
“CHINDIA” TRADE MOVES A LEVEL UP– ATTEMPT TO SOLVE DEFICIT ISSUES: AN EMPERICAL STUDY IN CHINA
Author(s) : Charan Deep Singh*
Publisher : FOREX Publication
Published : 30 June 2013
e-ISSN :2347-4696
Page(s) : 12-29
Abstract
This research paper pitchurizes the “CHINDIA” trade pattern since 2009 and projects the results in the context of the strategies of economic development for Asia’s leading economies i.e. India & China. Our findings projected were firstly, India – China moves a level-up in its trade with signing of new agreements but showing an off-track trend. Further Imports from China by India is decreasing by proportion with certain reasons and China’s exports have been more complex and sophisticated than India’s, as a result the gap of deficit is not narrowing. It was also founded that India exports a large share of products; however, this proportion is still smaller than that of China exports to India. Lastly huge potential market is available in both countries that are yet to be brought into the picture or are not fully utilized to its potential. Apart from the above many challenges are found to be affecting the trade relations such as Anti-dumping, Free trade agreements and others. Moreover “CHINDIA” setting a target for 100$ Billion Trade by 2015 would bring in a lot of challenges politically and economically, a brief study on that scenario is provided to brighten up the gray side of the trade and its implications on the Global trade.
Keywords: CHINDIA, trade, Imports,exports
Charan Deep Singh*, School of Economic and Commerce，Guangdong University of Technology，Ying Long Road No.161, Tianhe District, Guangzhou city, Guangdong Province, China - 510520; Email: charandeep2007@gmail.com
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Charan Deep Singh (2013), “CHINDIA” TRADE MOVES A LEVEL UP– ATTEMPT TO SOLVE DEFICIT ISSUES: AN EMPERICAL STUDY IN CHINA. IJBMR 1(1), 12-29. DOI: 10.37391/IJBMR.010102.