China-India: The Reasons Behind Their Economic Frictions

China is India’s second biggest trade partner behind the United States (US), and as a result, India is heavily dependent on China in matters of trade, technology and investment. However, since the spread of COVID-19 in India, the economic and political relations between the two countries have gone through a sea change, with the introduction of several trade sanctions against China by India. Divya Hazra and Veronica Gianola from D’Andrea and Partners analyse how India is attempting to reduce its dependence on China and the potential implications for European companies.