<h1>China-India bilateral trade imbalance: India's record USD 116.12 billion deficit amid China's USD 1.2 trillion trade surplus</h1> China's announcement of a record USD 1.2 trillion trade surplus and reported bilateral trade of USD 155.62 billion in 2025 clarifies recent trade statistics and shows India's exports to China rose to USD 19.75 billion while India's trade deficit with China reached a record USD 116.12 billion, the operative effect being a materially larger bilateral imbalance reflected in official customs data. Separately, allegations of a 'carefully calibrated capitulation' to China tied to meetings between a high-level Chinese Communist Party delegation and leaders of major Indian political organizations created a political dispute, the operative effect being public questioning of government conduct and whether Chinese transgressions were raised during those interactions.