INDO-CHINA TRADE: TRENDS, COMPOSITION AND FUTURE

India and China are among the oldest civilizations of the world with long history of interaction and relationship. They are the fastest growing economies among the major economies of the world. Both have made rapid progress after liberlisation. One of the major events in international trade and economics is the recent fast growth in the bilateral trade. India has emerged as one of the top ten trading partners of China whereas China has emerged one of the top three trading partners of India. Due to large sige of economies and composition of economies and exports as well as high growth rates and political will from both sides, the bilateral trade will grow further and would have significant impact on global trade and economy.