As per data from recent data from China rsquo s General Administration of Customs GAC India rsquo s ...........

Current GK (RBI Ast) International Affairs

As per data from recent data from China’s General Administration of Customs (GAC) India’s trade with China declined in the first half of 2023 after more than two years of record growth. What was approximate import from China in the first half of 2023?

$56.53 billion

$57.53 billion

$66.53 billion

$65.53 billion

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Explanation:

India’s trade with China declined in the first half of 2023 after more than two years of record growth, part of a broader slump in China’s trade performance that has underlined a sharp slowdown in the world’s second-largest economy. Two-way trade reached $66.02 billion in the first half. India’s imports from China slid 0.9% to $56.53 billion, while exports to its northern neighbour fell by 0.6% to $9.49 billion.