3 Things Challenges of trading with China, India's cancer map, and GST 2.0
14 snips
Sep 5, 2025 Udit Misra from The Indian Express dives into the complexities of India's trade with China, highlighting the impacts of US tariffs and the implications of India's rising trade deficit. He discusses the need for manufacturing improvements to capitalize on trade opportunities. Anonna Dutt, also from The Indian Express, reveals alarming trends in cancer cases across India, particularly the rising incidence of oral cancer. The conversation concludes with insights into the recent restructuring of GST rates, exploring its potential effects on consumer demand and economic growth.
AI Snips
Chapters
Transcript
Episode notes
India’s Ballooning Trade Deficit With China
- India runs a large trade deficit with China, around $99–100 billion, despite public sentiment against Chinese goods.
- The deficit grew since 2020 even as many Indians advocated boycotts after the Galwan clashes.
India Sells Raw Inputs, China Adds Value
- India mainly exports low-value primary goods to China, which then adds value and may export finished products back.
- This dynamic leaves India unable to capture higher-value manufacturing gains from that trade.
Build Manufacturing And Skill Capacity
- Strengthen domestic manufacturing and skills to absorb labor and compete in trade.
- Invest in vocational training so India can offer the skilled workforce multinational firms seek.