Economic Strategies and Trade Conflicts: The India- China Trade War (2017-2023)

In this research paper, the focus is on trade wars observed between India and China from 2017 to 2023. The study starts with a short overview of the historical and modern trade relations between these two economies in addition to their financial exchanges and political tensions together, prior to 2017. After the introduction, the literature review consolidates findings from the prior-studies to give a comprehensive status on how China and India's trade trends are shaping up. The paper further examines the primary causes of an ensuing trade war: economic imbalances, territorial disputes, and protectionist measures. The paper delves into how the trade war affects both countries and what each has done to protect its economy. The paper also cites the larger context of this trade conflict, in terms of global patterns on trade and regional stability. In the end this research and policy recommendations would like to highlight more about diplomatic relations, economic reform, and strategic diversification as a solution will be reached only when we try to segregate some of these ongoing trade conflicts.

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Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-08-31
DOI
https://doi.org/10.36948/ijfmr.2024.v06i04.26842
Primary Topic
Indian Economic and Social Development
Type
article
Field-Weighted Citation Impact
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article

Economic Strategies and Trade Conflicts: The India- China Trade War (2017-2023)

Shayna Kumar -
International Journal For Multidisciplinary Research
Indian Economic and Social Development
article

Economic Strategies and Trade Conflicts: The India- China Trade War (2017-2023)

Shayna Kumar -
article en

Abstract

In this research paper, the focus is on trade wars observed between India and China from 2017 to 2023. The study starts with a short overview of the historical and modern trade relations between these two economies in addition to their financial exchanges and political tensions together, prior to 2017. After the introduction, the literature review consolidates findings from the prior-studies to give a comprehensive status on how China and India's trade trends are shaping up. The paper further examines the primary causes of an ensuing trade war: economic imbalances, territorial disputes, and protectionist measures. The paper delves into how the trade war affects both countries and what each has done to protect its economy. The paper also cites the larger context of this trade conflict, in terms of global patterns on trade and regional stability. In the end this research and policy recommendations would like to highlight more about diplomatic relations, economic reform, and strategic diversification as a solution will be reached only when we try to segregate some of these ongoing trade conflicts.

International Journal For Multidisciplinary ResearchVol. 6(4)
Openalex Percentile: Top 82%
Indian Economic and Social Development
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Economic Strategies and Trade Conflicts: The India- China Trade War (2017-2023) — Shayna Kumar - · International Journal For Multidisciplinary Research (2024) | TGRS Research Map | TGRS