must read: From Huawei to Xiaomi: Why Narendra Modi should do a hard bargain with Xi Jinping by Yatish Rajavat in Firstbiz. GD READ

---------- Forwarded message ----------
From: sanjeev nayyar <sanjeevnayyar108@gmail.com>
Date: Sat, Sep 13, 2014 at 2:58 PM
Subject: From Huawei to Xiaomi: Why Narendra Modi should do a hard bargain with Xi Jinping by Yatish Rajavat in Firstbiz. GD READ
To: esams Nayyar <esamskriti@suryaconsulting.net>

From Huawei to Xiaomi: Why Narendra Modi should do a hard bargain with Xi Jinping by Yatish Rajavat in Firstbiz 13/9/14

http://firstbiz.firstpost.com/economy/huawei-xiaomi-narendra-modi-hard-bargain-xi-jinping-99339.html

 

The government is seized with the issue of lopsided bilateral trade with China. As against the general perception that imports are of cheap consumer items, the figures show that the largest imports from China are that of engineering goods, electronics and electrical equipment. Over the last three years, China has sold almost $30 billion of engineering goods to India, almost $10 billion a year.

During the same period, $43 billion worth of electronic and electrical equipment, both for industrial and consumer use, has also found their way into India from China.

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