China's Trade Efficiency Soars with South Asian Countries, Boosting Economic Growth.
International trade between China and South Asian countries has been affected by COVID-19. A study analyzed trade efficiency using data from 2000 to 2019. Factors like economic scale, population, and trade agreements impact trade. China's GDP growth doesn't necessarily boost trade volume. Distance is no longer a barrier to trade. Inefficiency in trade is a significant factor. Trade potential varies among countries, with high efficiency in trade with Sri Lanka, Pakistan, India, and Bangladesh, and low efficiency with Bhutan. Recommendations include promoting trade innovation, reducing tariffs, and enhancing security and political stability.