"China has become a top exporter, accounting for roughly 10 per cent of global merchandise exports. This manufacturing giant presents both an opportunity as well as a challenge. It is a cheap and critical source for procuring inputs such as power equipment, auto-components, electronics & computer hardware, pharmaceutical ingredients and coking coal, besides being an important export market for India.
It is also a challenge, as Indian businesses feel threatened by cheap import of manufactured goods from China"..............READ MORE
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