<h1>RBI Study Suggests Restructuring India's Policies for Better Trade Partnership with China, Highlights Trade Deficit Concerns.</h1> A Reserve Bank of India study highlights the need for restructuring India's domestic and external policies to enhance its partnership with China. The research, conducted by an external expert, examines the trade relationship between the two nations, noting India's significant trade deficit with China. Key findings include the potential for regionalism to boost trade, India's importation of uncompetitive Chinese products, and the impact of the Yuan's value on Indian exports. The study suggests India could benefit from engaging with China if approached cautiously, ensuring India's long-term interests are safeguarded. The RBI aims to promote policy-oriented research through such studies.