'China going to be biggest investor in Asia', says Chinese affairs expert
China expert Alka Acharya on Thursday said Prime Minister Narendra Modi's visit to China is likely to be one of his most significant visits abroad, adding that the People's Republic will soon be the biggest investor in Asia.
"This visit is likely to be the most significant of all the visits that Prime Minister Modi has made in the first year of his government. It seems to me that the Sino-Indian synergies in the field are likely to shape Asian regional dynamics as well as their contribution in the global economic architecture," Acharya told ANI.
"China is going to be the biggest investor in Asia... India can make itself ready for this Chinese investment," she added.
Prime Minister Modi, who is on the first leg of his three-nation tour of China, Mongolia and South Korea, began his visit to the People's Republic by landing in Xi'an, the hometown of Chinese President Xi Jinping.
During his visit of China, Prime Minister Modi will also travel to Beijing and Shanghai, before departing for the second leg of his tour, Mongolia. He will conclude his tour with a visit of South Korea, where he will participate in the sixth Asian Leadership Conference.