2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India
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Pakistan
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Saudi Arabia
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Indonesia
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Detailed explanation-1: -China has bilateral investment agreements with over 100 countries and economies, including Austria, the Belgium-Luxembourg Economic Union, Canada, France, Germany, Italy, Japan, South Korea, Spain, Thailand, and the United Kingdom.
Detailed explanation-2: -China’s FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Georgia, Hong Kong, Macao, and Taiwan.
Detailed explanation-3: -China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise. But it is also the top trader with Russia-and Ukraine. In Africa, China is the top partner for countries like South Africa and Kenya.
Detailed explanation-4: -China trade balance for 2021 was $458.93B, a 25.34% increase from 2020. China trade balance for 2020 was $366.14B, a 175.74% increase from 2019. China trade balance for 2019 was $132.79B, a 45.14% increase from 2018. China trade balance for 2018 was $91.49B, a 57.59% decline from 2017.