EconomyHow India became dangerously dependent on Chinese imports
India’s toy industry is a rare example of reduced reliance on China after higher tariffs and tougher quality controls cut toy imports and increased exports. Overall, however, India’s trade deficit with China has widened sharply, while manufacturing increasingly depends on Chinese components and raw materials. Experts warn that normalised ties without reciprocal market access could leave this dependence intact.
How India became dangerously dependent on Chinese imports
Economy