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India’s trade with South Asia less than 4% of global trade in comparison to China's 546%

Shortpedia

Content Team

While India tries to compete with China to emerge as a global economic power, most of the work remains on paper. According to a new report, India’s trade with countries in South Asia has remained less than 4% of its global trade since the late 1980s while China has increased its exports to the region by 546%, from $8 billion in 2005 to $52 billion in 2018. South Asia is one of the least economically integrated regions in the world.