Monday, June 9, 2014

India-China Economic Relations in a Changed World Order

Chinese Foreign Minister Wang Yi was one of the first prominent visitors to make a trip to India after the new Indian government was sworn in, showing how much China values its economic partnership (maybe for its own self-interest) with India. While it is true that economic cooperation between the two Asian giant markets is still hampered by unresolved disputes, there is plenty of scope for advancing economic relations; something that is rattling USA and the European Union. It should be kept in mind that China and India have yet to agree on sovereignty over an area along the shared Himalayan border (Arunachal Pradesh), the subject of a brief war 52 years ago. Other problems include tension over how to manage over a dozen rivers that the two countries share. Many Indian security experts also...

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