• Dr. T D Verma

In this age of globalisation, liberalisation and e-governance, India needs to be cautious of the travesties of global trade and its implications on economy. Our country wants to become Atmanirbhar or self reliant to realize goal of attaining US10$ trillion economy by 2035. Several endeavours are being taken in this regard to sell Indian goods and services by exploring new foreign markets. But various tariff and non tariff barriers are raised on the ground that the Indian companies violate human rights or are not eco friendly. The objection ranges from the quality of the goods to the environment to human rights. Even in the allegedly globalised world of twenty first century, allies and adversaries are classified on the basis of trade. Covid-19 pandemic shattered the economies of almost all countries of the world. The World Bank cut its growth outlook for China and India for the current year as 4.3% and 6.9% respectively. The downgraded estimates would mark the third weakest pace of growth in nearly three decades, overshadowed only by the global recession caused by the pandemic and global financial crisis. Historically India and China had led global economy for around 1600 years. Emerging China and rising India are going to play decisive role in prospective global economy. India’s bilateral trade with China reached a record $ 135.98 billion in 2022. Exports to China however fell in the previous year, driving an already significant trade deficit beyond $100 billion mark for the first time. Therefore, an attempt has been made in this study to analyse bilateral trade between India and China in the backdrop of situations arising owing to pandemic and global economic slowdown.

Globalisation, Economic slowdown, Pandemic, E-governance, Bilateral trade, Atmanirbhar

"IMPACT OF COVID-19 PANDEMIC ON INDO-CHINA TRADE RELATIONS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 1, page no.c591-c598, January-2023, Available :http://www.jetir.org/papers/JETIR2301276.pdf

"IMPACT OF COVID-19 PANDEMIC ON INDO-CHINA TRADE RELATIONS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 1, page no. ppc591-c598, January-2023, Available at : http://www.jetir.org/papers/JETIR2301276.pdf