Trade b/w India, China expected to touch $100 bn by 2015

India is expected to achieve the 100-billion bilateral trade target set with China by 2015. The bilateral trade b/w the two nations was recorded at 75.45 billion in 2011-12. While India’s exports were at 17.90 billion, imports stood at 57.55 billion brought India a trade deficit of $39.65 billion and favored China.