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India imported $79.2 billion worth of goods from China between January and September this year. At least that’s what the official figures suggest. But ask China and you’ll get a completely different answer. Our Neighbour believes that it shipped goods worth $89.7 billion. Hmmm! So where did the $10 billion go exactly? Before we get there, you should know that the whole “India says this, China says that” conversation isn’t new. There have always been discrepancies. But the issue here is that the gap is growing. According to Livemint, the gap stood at $2.8 billion in 2018. In 2019, it jumped to $6.5 billion. And in 2022, it hit $10.5 billion. Let's find out in this latest podcast, how Havala is helping these import exporters to do such practices.
By Capt ShashankIndia imported $79.2 billion worth of goods from China between January and September this year. At least that’s what the official figures suggest. But ask China and you’ll get a completely different answer. Our Neighbour believes that it shipped goods worth $89.7 billion. Hmmm! So where did the $10 billion go exactly? Before we get there, you should know that the whole “India says this, China says that” conversation isn’t new. There have always been discrepancies. But the issue here is that the gap is growing. According to Livemint, the gap stood at $2.8 billion in 2018. In 2019, it jumped to $6.5 billion. And in 2022, it hit $10.5 billion. Let's find out in this latest podcast, how Havala is helping these import exporters to do such practices.