The Global Times said that this is the Indian Prime Minister’s sixth visit to the US after assuming office in 2014. The Chinese newspaper alleged that the US has increased its efforts in this regard so that India disputes with China. He agreed that at this time the trade between America and India is increasing rapidly. America has been India’s largest trading partner in the year 2022-2023. He said that in the same way, if relations with America continue to strengthen, it will greatly benefit the Indian economy.
‘America playing tricks against China, will fail’
The Chinese newspaper said that it should be kept in mind that America has made many geopolitical moves while strengthening trade relations with India. For example, the US has excluded China from the IPEF, which was created to enhance economic cooperation in the Indo-Pacific region. The Global Times said that it is not difficult to guess America’s move. America’s effort is to slow down China’s economic growth. However, this move of America will not be successful.
The Global Times said that China’s position in the global supply chain cannot be replaced by India or any other economy. While India’s exports to America are increasing, its imports from China are also increasing. India still imports the most from China. Even in the midst of the Corona epidemic, in the year 2021, the trade of China and India crossed $ 100 billion. In the year 2022, the trade of India and China reached 135 billion dollars, which is a record. India has to import raw materials ranging from chemicals to medicines from China for its economy.