A Comparative Study of Indo-China Trade with Special Reference to (Chinese Toys in Indian Market)

India and China, the two Asian giants are changing the face of the global economy. World Bank estimates they are the fastest growing economies in the world. They play a dominant role in today�s world economic affairs with a GDP growth rate of 7.4% in India and 6.3% in China in the year 2016. Bilateral trade relation with China, the world�s two most populous countries, has expanded substantially in recent years. They are the fastest growing economies in Asia as well as in the world scenario. They have achieved tremendous progress in multi-sector co-operation. China has gained a large footprint in international trade and investment flows: today it is the world largest exporting nation while India�s export has grown over the years. However challenges still exist in the bilateral relationship. This paper is an attempt to examine and compare bilateral trade between these two economies, compares the export and import performances and the nature of product differentiation between these two labour abundant nations. This paper also focussed on the Indian toy manufacturing industries, the problem and the challenges faced by the these industries from the products ( toys and games) imported from China in abundance