Contrary to popular belief, as per recent data by the Indian commerce ministry the two-way trade between China and India last year stood at $77.7 billion, making Beijing New Delhi's largest trading partner during the period.
According to the data, India continued to rely heavily on imports of heavy machinery and telecom equipment from China during the period.
Overall Chinese exports to India totalled around $58.7 billion, which was more than New Delhi’s purchases from the US and the U...
