Question

what the sentence means that India alone owns more than 60 billion trade deficit to china​

Answer 1

This sentence means that what India imports from China is much greater in value than what it exports to China.

In other words, imports in India from China are high in value as compared to their exports.

A trade deficit means the difference in the number of imports and exports by a country.

So, according to the sentence, India has imported things of the total value of around 60 million from China.