"Indexing Chandni Chowk to China: A Comparative Analysis of Trade and Economic Relations between India and China"
The literature on India-China trade relations is extensive. Several studies have analyzed the growth of trade between the two nations, highlighting the potential for further cooperation (Kumar, 2016; Pant, 2016). However, most studies have focused on formal trade, neglecting the role of the informal economy.
This paper has explored the trade and economic relations between India and China, using Chandni Chowk as a microcosm of India's informal economy. Our findings suggest that while India and China have made significant strides in formalizing their trade relations, the informal economy continues to play a vital role in driving trade between the two nations.