The report also said that China could easily retaliate by putting restrictions on products from India, but it doesn’t make much economic sense for the country. (Source: Reuters) The report also said that China could easily retaliate by putting restrictions on products from India, but it doesn’t make much economic sense for the country. (Source: Reuters)Amid the Doklam standoff, a trade war appears to be looming between India and China after New Delhi last week imposed anti-dumping duties on 93 Chinese products, according to Chinese newspaper The Global Times. The report also said that China could easily retaliate by putting restrictions on imports from India, but it doesn’t make much economic sense for the country. However, according to the Indian Commerce Ministry, the trade deficit with China mounted to over $52 billion in 2016 when the bilateral trade stood at $70 billion.

Source: Indian Express August 14, 2017 11:11 UTC