The simmering trade dispute between the United States and China has opened a window of opportunity for India, allowing it to boost its exports to China and reduce the yawning trade deficit it has with its largest trading partner.
A statement last week from the Department of Commerce noted that India was "poised to achieve its highest-ever" merchandise export figure to China in the 2018-19 financial year.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you