On Tuesday the 31st of May, China responded to reports that the US has unseated it from the top slot of trade partnership with India. China insisted that it is still India’s biggest trade partner in 2021-22 as per its figures and the “disparity” between different methods of calculating the trade volume by New Delhi and Beijing.
The foreign ministry spokesman, Zhao Lijian told a media briefing when asked about reports of the US overtaking China to become the largest trade partner of India in 2021-22 that according to the statistics of Chinese competent authorities, bilateral trade volume between China and India stood at $125.66 billion in 2021.
“China remains the largest trade partner of India and for the first time the bilateral trade exceeded $100 billion in 2021,” Zhao said.
He said, “China does not object to the development of normal trade relations between India and the US and is not that interested in the changes of the ranking in trade volume.”