Economy, Banking and Finance · 5 February 2026

Chinese ambassador Xu Feihong announces India-China bilateral trade hit record USD 155.6 billion in 2025

Exam-focused facts from the 5 February 2026 current affairs briefing.

Key facts

  • India-China bilateral trade reached USD 155.6 billion in 2025, marking a year-on-year growth of over 12 per cent.
  • India’s exports to China grew by 9.7 per cent during the same period.
  • The meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Tianjin last August led to improved ties and increased people-to-people exchanges.
  • China supports India’s BRICS presidency and is ready to strengthen multilateral coordination with New Delhi for Global South development.
  • The military stand-off that began after the June 2020 Galwan Valley clashes effectively ended in October 2024.