Article Details

China’s and India’s Roles in Global Trade | Original Article

Pradeep .*, Anand Kumar Singh, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research


The two nations with the greatest populations worldwide are China and India, whose economies are also expanding at the quickest rates. The greatest pools of highly trained laborers in the world are found in these two Asian tigers together, and it is widely believed that these two nations will continue to drive global economic development in the twenty-first century. There is a significant possibility for additional expansion as seen by the recent fast rise in bilateral commerce between the two nations. China, known as the factory of the world, has been expanding at an astounding rate of 10 a year, while India, known as the back office of the world, is expanding at a rate of about 7. However, what makes the two giants particularly potent is how their strengths complement one another. In this paper, researchers study China's and India's roles in global trade.