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Essay / Research Paper Abstract
This 5 page paper looks at the level of trade between China and India and describes how the political and economic drivers of China and India affecting their trading relationship. The bibliography cites 7 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEindiachina.rtf
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Unformatted sample text from the term paper:
and China, where both countries have seen major changes the trading relationship with each other and other countries. Both of these countries have seen major political changes in the way
their economies are managed and as a result there is an increased level of bilateral trade between these two countries although China has the larger economy. The trade agreements are
cordial and reflect the status of two fast emerging economies. In 2004 7.8% of Indias exports went to China and 5.9% of their imports come from China. From Chinas
perspective India is not as great a treading partner due to the size of the economy (CIA, 2005). During the first eight months of 2005 the bilateral trade between India
and China reached a record level; US$12.2 billion, the total year for 2004 was $US13.6 billion (Asia Africa Intelligence Wire, 2005). The period between January and August was a 40.37%
increase and ins increased from both sides, the exports from India to China increased by 28.27% and the exports from China to India were up 58.66% (Asia Africa Intelligence Wire,
2005). The current aim is that bilateral trade will reach US$20 billion by the year 2008 (Asia Africa Intelligence Wire, 2005, Asia Africa Intelligence Wire). Trade is being activity promoted
between the two, for example, in Shanghai in October the Confederation of Indian Industry in cooperation with the Consulate General of India in Shanghai have organised a trade exposition called
"Made in India" (Asia Africa Intelligence Wire, 2005). Without the changes seen in both China and India over the last decade that has transformed the way they approach international trade
these levels of trade would not have been possible, both countries, in different ways have moved closer to free trade models and reduced their trade boarders in line with new
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