Changing Dynamics of Economics Relations Between India and China

Authors

  • Ranjit Singh Assistant Professor, PG Department of Political Science, Doaba College, Jalandhar

DOI:

https://doi.org/10.31305/rrijm.2022.v07.i09.021

Keywords:

Economic Relations, Political Relations, 1991 Policy, Border Disputes, Global Economic Crisis, Make in India

Abstract

Over the course of time, discernible transformations have transpired in the realm of international politics and intergovernmental interactions, particularly subsequent to the conclusion of the Cold War. Among these, the Sino-Indian relationship emerges as an intriguing case study, characterized by its interactions as two prominent geopolitical entities. Despite the existence of certain disparities between these nations, both have adeptly navigated their bilateral ties since the conflict of 1962, marking a noteworthy achievement in diplomacy. In recent years, the Sino-Indian bilateral relationship has been typified by historical hostilities and territorial disputes. Nevertheless, the economic dimensions of this relationship have experienced substantial growth since the early 2000s and have come to occupy a prominent position within its purview. China assumes an indispensable role within the global supply chain, while India, in turn, relies heavily on Chinese imports spanning a diverse spectrum of raw materials and critical components. It is evident that within this bilateral engagement, China garners a distinct advantage, chiefly attributable to a significant trade imbalance. Consequently, the government of India initiated the 'Make in India' initiative in 2014 to address this situation. The present study endeavors to elucidate the economic interactions between China and India from a historical perspective up to the contemporary period. Furthermore, it aims to scrutinize the ramifications of the COVID-19 pandemic, which has precipitated unparalleled disruptions within the global economy and international trade.

Author Biography

Ranjit Singh, Assistant Professor, PG Department of Political Science, Doaba College, Jalandhar

Ranjit Singh, received his Bachelor of Arts and M.A Political Science degree from Doaba College Jalandhar, Punjab India. He is pursuing Ph.D. (Political Science) from CT university Ludhiana, Punjah. He has also cleared UGC NET. Currently, he is working as Assistant Professor in Political Science at Doaba College Jalandhar, Punjab India. He has Teaching experience of eight years at graduation and post-graduation levels.

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Published

20-09-2022

How to Cite

Singh, R. (2022). Changing Dynamics of Economics Relations Between India and China. RESEARCH REVIEW International Journal of Multidisciplinary, 7(9), 126–131. https://doi.org/10.31305/rrijm.2022.v07.i09.021