Is India a colony of China? The answer from trade data is rude

Is India a colony of China? The answer from trade data is rude
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New Delhi: India’s exports to China have risen over the last few years even as its imports have fallen. But a closer look reveals unequal bilateral trade.
Trade numbers between 2014-15 and 2019-20 show that export of low-value raw materials and import of high-value manufactured goods has characterised India’s trade relationship with China.
In episode 716 of Cut the Clutter, ThePrint’s Editor-in-Chief Shekhar Gupta explains why India’s trade ties with China are disadvantageous and colonial.
If we look at the Indian history of colonialism under Britain, it is well known that until the 17th century, India was a dominant player in global trade. India was a big exporter of finished goods, particularly textiles, noted Gupta.

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