End conspiracy theories about China: State media to India

Image
ANI Beijing (China)
Last Updated : May 04 2017 | 5:32 PM IST

Accusing India of creating hurdles in the way of the China's One Belt, One Road initiative, state-run Global Times has in an editorial justified China's development plan of economic corridors and asked New Delhi to should stop expressing concern over the increased Chinese military presence in the region.

In an article titled "Belt and Road can 'solve global woes', the Global Times emphasised that six 'economic corridors' launched by China aim to benefit the economies of the participant countries and help stabilize many regions.

The daily further said, "India's economy accounts for 80 percent in the region. So, if New Delhi is reluctant to get involved in China's development plan, other countries in the region will also be impacted when participating in the B&R initiative. That's why the Bangladesh-China-India-Myanmar Economic Corridor's progress is very slow."

The editorial tries to justify that China's most ambitious economic and foreign policy project "One Belt and One Road" is not a military project and is not aimed at any country but is a part of the economic vision of cooperation between and among countries.

The initiative focuses on bringing China, Central Asia, Russia and Europe; linking China with the Persian Gulf and the Mediterrrean Sea through Central Asia and West Asia and further connecting China with Southeast Asia, South Asia and the Indian Ocean.

The China-Pakistan Economic Corridor and the Bangladesh-China -India-Myanmar Economic Corridor require closer cooperation among the concerned countries, The Global Times reports.

This article come days ahead of a two-day high-profile mega Silk Road summit to be held in Beijing from May14 to May 15. Over 28 world leaders and 50 heads of organisations are likely to attend the event.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2017 | 5:32 PM IST

Next Story