Indo-China relation News

The Indian and Chinese militaries have been locked in a standoff since May 2020 and a full resolution of the border row has not yet been achieved though the two sides have disengaged from a number of friction points.

As China's telecom firm Huawei starts manufacturing in India, official media here has raised the red flag, warning that Beijing needs to worry about job cuts due to shifting of production bases as economic rivalry increases between India and the world's second largest economy.

Ahead of Prime Minister Narendra Modi's visit to China, industry body CII on Tuesday urged the government to take immediate steps to address issues facing Indian companies while dealing with the neighbouring country such as trade imbalance, non-tariff barriers.

Prime Minister Narendra Modi's visit this week will focus on cementing India's relationship with China by leveraging on their growing trade and economic ties.

China is expected to commit investments worth USD 6.5 billion to set up industrial parks in India and sign purchase agreements of over USD 3 billion with domestic companies during the visit of Chinese President Xi Jinping beginning Wednesday.

The Cabinet on Wednesday cleared a memorandum of understanding (MoU) between India and China for setting up industrial parks in the country.