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A Study of India's Trade Relations with China in WTO Era

A Study of India's Trade Relations with China in WTO Era

Surendar Singh, R. C. Mishra
Copyright: © 2014 |Volume: 5 |Issue: 1 |Pages: 13
ISSN: 1947-9638|EISSN: 1947-9646|EISBN13: 9781466652293|DOI: 10.4018/ijabim.2014010104
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MLA

Singh, Surendar, and R. C. Mishra. "A Study of India's Trade Relations with China in WTO Era." IJABIM vol.5, no.1 2014: pp.46-58. http://doi.org/10.4018/ijabim.2014010104

APA

Singh, S. & Mishra, R. C. (2014). A Study of India's Trade Relations with China in WTO Era. International Journal of Asian Business and Information Management (IJABIM), 5(1), 46-58. http://doi.org/10.4018/ijabim.2014010104

Chicago

Singh, Surendar, and R. C. Mishra. "A Study of India's Trade Relations with China in WTO Era," International Journal of Asian Business and Information Management (IJABIM) 5, no.1: 46-58. http://doi.org/10.4018/ijabim.2014010104

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Abstract

China's joining of WTO in 2001 has completely changed its economic structure and its entry in WTO proved to be a landmark event in the global economy. As a result, China's trade relations with the world have improved significantly particularly with India. Both, India and China are the fastest growing economies in the world since they have grown at rate of 8% and 10% GDP respectively. The total trade between India and China was reached to $60 billion in 2010. However, the major change in the trade relations between India and China has come after China's joining of WTO in 2001. In the above background, this paper is divided into three parts. The first part of the paper examines the direction of foreign trade of China after becoming a member of WTO and, the second part analyzes India's trade relations with China (Pre and Post China's joining of WTO). The final section of the paper delineates the major constraints between India and China for improving trade relations.

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