The More China Exports, The More India Imports

November 8, 2011 4:32 pm

Well, no direct connection there – we spotted this today:

“India’s exports grew year-on-year by 10.8% to USD 19.9 billion in October while imports expanded at a sharper rate, leaving a big trade deficit of USD 19.6 billion. Imports increased by 21.7% to USD 39.5 billion in October, according to data released by Commerce Secretary Rahul Khullar here today.”

Statistics Source: Moneycontrol

and this:

“China’s trade surplus will rebound to 23.89 billion U.S. dollars in October after falling for two consecutive months, the First Financial Daily reported Monday.”

Statistics Source: Xinhuanet

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