China is India's largest trade partner
China has replaced the USA as India's largest trade partner in 2009.The two countries have the fastest growing economies in the world and their bilateral trade touched 36 billion US dollars in the last financial year.
The number of Chinese businessmen coming to India as guests of their Indian counterparts has shown a fourfold increase in the last four years. A study of the statistics shows that the number of business visas issued to Chinese nationals by the Indian government has increased from just 15,979 in 2004 to 58,658 in 2008. This year, 26,104 visas have already been issued until June.
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