
This week, Chinese Premier Li Keqiang visited India in his first official overseas trip, vowing to enhance bilateral trade relations and ease tensions in the wake of a recent border dispute between the two countries. In an email interview, Arvind Panagariya, a professor of economics and Indian political economy at Columbia University, explained the recent trajectory of India-China trade relations. WPR: What is the current state of trade relations between India and China, including the value of bilateral trade, balance of trade and major sectors, as well as the priority both sides place on bilateral trade? Arvind Panagariya: Bilateral trade […]