Indo-China trade touches $13.6 bn in ’04

From The Economic Times:

India-China bilateral trade has set a new record with total trade touching $13.6 billion in 2004 and India enjoying a comfortable trade surplus of $1.75 billion, latest Chinese customs statistics indicate.

India-China annual trade for 2004 touched an all-time high at $13.6 billion, up 79 per cent over the total trade volume of 2003, the customs figures showed.

The total trade figure achieved during 2004 was $3.6 billion more than expected at the beginning of the year, indicating the huge potential that exists between the two fastest growing economies that is China and India.

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