‘China’s net exports = 26% of India’s GDP’: Finfluencer lays bare stark economic truth

Akshat Srivastava, founder of Wisdom Hatch, in a post published in X, openly compared the economic gap between India and China; while China’s trade surplus is a staggering $1 trillion, 26% of India’s GDP, India struggles with a trade deficit of $73.5 billion;

“Both countries were net importers until the end of the 80s. Today, China is building the next generation of robotics, semiconductors and AI exports. Our biggest hope seems to be exporting smart people and relying on remittances,” he wrote.

The figures reflect a deep dependence on Chinese imports, particularly in key sectors such as electronics, chemicals and renewable energy. has only grown, raising questions about its global competitiveness.

Economists argue that India needs structural reforms to address this imbalance.

Deloitte India’s Rumki Majumdar advocates increased investment in research and development;

With Union Budget 2025 around the corner, experts are calling for decisive action. Some of the strategies being discussed are expanding the PLI scheme to cover more sectors, diversifying supply chains and encouraging foreign direct investment (FDI).

Gopal Jain, managing partner at Gaja Capital, recently called for a pragmatic approach. “India should welcome global investment and focus on building mutually beneficial trade partnerships. This is critical to reduce dependency and strengthen our economic resilience.”