Monday, March 24, 2014

India

http://timesofindia.indiatimes.com/business/india-business/India-seeks-more-Chinese-investment-to-bridge-trade-deficit/articleshow/32607644.cms

When you look up the term deficit in the dictionary, it says: the amount by which a sum of money falls short of the required amount./the amount by which expenditures or liabilities exceed income or assets/a lack or shortage; deficiency. a disadvantage, impairment, or handicap/a loss, as in the operation of a business.

In this article it is shown that India is seeking for more Chinese investments to bring into the country. They are seeking to expand to "bridge the ballooning $35  billion trade deficit."
It also says that , "China-India bilateral trade dipped to $66.5 billion last year and India has been asking China to boost investments to bridge the trade deficit. " 

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