Page 17 - India China Relations

FDI from China better for local manufacturing boost: Niti member Virmani

Niti Aayog member Arvind Virmani on Sunday said it is better for India to get Chinese firms to invest and produce goods here to boost local manufacturing than to keep importing goods from the neighbouring country. Virmani was responding to a pitch made by the pre-budget Economic Survey on July 22 for seeking foreign direct investment (FDI) from China to boost local manufacturing and tap the export market. "So, there is a trade-off the way an economist looks at it...So, the trade-off is that if there are going to be some imports, which we are anyway going to import for 10 years, 15 years from China, then it is better to get Chinese firms to invest in India and produce the same goods here," he told PTI in an interview. As the US and Europe are shifting their immediate sourcing away from China, it is more effective to have Chinese companies invest in India and export the products to these markets rather than importing from the neighbouring country, according to the Economic Survey. "S

China begins atomospheric observation experiment in Mt Everest region

China has begun an observation experiment on land-atmosphere interactions in the Mount Everest Region in Tibet to study the interaction between the land surface and the atmosphere, a crucial component of ecological and climate systems. A research team from the Aerospace Information Research Institute under the Chinese Academy of Sciences will conduct the observational experiment using unmanned aerial platforms at a site on the northern side of Mount Everest, called Qomolangma in Tibet, situated at an average altitude of approximately 4,200 metres (15,960 feet). In the Mount Qomolangma region, land-atmosphere interactions not only affect the climate of the Qinghai-Xizang Plateau and its surrounding areas but also have the potential to influence the global climate through complex climate feedback mechanisms and atmospheric circulation, said Jia Li, a researcher at the Institute. Studying the Tibetan Plateau becomes imperative given the exponentially changing climatic conditions leadin

India, China to boost ties, bridge gaps between countries: Chinese diplomat

Chinese Consul General in Mumbai Kong Xianhua has said his country is ready to work with India to bridge the gap between the people of the two neighbours, recalling the Indian help during the Sino-Japanese war. The senior diplomat on Thursday visited the Indian Coast Guard Headquarters (West) to express gratitude to the maritime security agency for saving Chinese mariners over the past two years, an official statement said. Kong met Inspector General Bhisham Sharma, Commander of Indian Coast Guard (West), and said China is ready to work with India friends to bridge the gap between the people of the two countries and strengthen friendship. ... our two peoples will walk together like brothers and sisters, he said. The Indian Coast Guard and Indian Navy have jointly carried out a successful rescue mission to evacuate a Chinese mariner who was critically injured and suffering heavy blood loss on July 24, the statement said. The Indian Coast Guard responded immediately to the medical .

New advanced Chinese submarine may be in the works. Here's what we know

The new Chinese submarine could be an advanced variant of an existing class of conventionally-powered vessels that are also being built for Pakistan

Mallikarjun Kharge cites security challenges related to China and Pakistan

Citing security challenges related to China and Pakistan, Congress president Mallikarjun Kharge urged the Centre on Tuesday to take Parliament into confidence and alleged that in its "false bravado and hollow propaganda", it has forgotten that it also has the responsibility to protect India's strategic interests. Kharge said new developments at India's two-front security paradigm have yet again exposed the Narendra Modi government's rank apathy. "Is it not true that China has built and operationalised a bridge connecting the north and south banks of Pangong Lake, which allows it to have a strategic dominance in the sector, close to our LAC?" the Congress chief asked in a post on X. "Is it not a fact that China has started constructing a new village along the LAC in the Demchok sector, which along with Depsang, is a point of standoff, post-Galwan?" he asked. On Pakistan, Kharge asked whether it is not true that since Prime Minister Modi took oath, there have been 25 terror attacks i

Chinese bridge on Pangong lake operational, to be used by PLA troops, tanks

The Chinese bridge connects the two banks of the Pangong Tso lake in Eastern Ladakh and will help Chinese troops and tanks to access areas on the lake's southern banks

Jaishankar rules out any role for third party in border dispute with China

External Affairs Minister S Jaishankar on Monday ruled out any role for a third party in India's border dispute with China, saying the two neighbours have an issue and it is for them to find a way out. "We are not looking to other countries to sort out what is really an issue between India and China," Jaishankar said while responding to a series of questions at a press conference in Tokyo. Jaishankar, who is here to attend a Quad foreign ministerial meeting, also said that India's relationship with China is not good and it's not doing well. "We have a problem, or, I would say, an issue between India and China...I think it is for two of us to talk it over and to find a way," he said. "Obviously, other countries in the world would have an interest in the matter, because we are two big countries and the state of our relationship has an impact on the rest of the world. But we are not looking to other countries to sort out what is really an issue between us," he said, recalling his meet

India has highest trade deficit with China, gap narrowing: Piyush Goyal

India has the highest trade deficit with China in goods but the gap expanded at a lower pace during 2014-15 to 2023-24 as compared to the previous 10 years, Commerce and Industry Minister Piyush Goyal said on Friday. In a written reply to a question in the Rajya Sabha, the minister said that the trade deficit has increased by compound annual growth rate (CAGR) of 42.85 per cent during 2004-05 to 2013-14, while the same has come down to 6.45 per cent during 2014-15 to 2023-24 which clearly indicates the success of the government in containing rate of growth of excessive import growth from China during the past ten years. It may also be noted that from 2004-05 to 2013-14, trade deficit grew by approximately 24.8 times while it grew only by 1.75 times from 2014-15 to 2023-24, he said. "India has the highest merchandise trade deficit with China," Goyal said. India's exports to China in 2023-24 stood at USD 16.65 billion, while imports aggregated at USD 101.75 billion, leaving a trade .

China making inroads into key choke points in Indian Ocean: US lawmaker

China is making inroads into key choke points along the Indian Ocean and obstructing the right to freely navigate the waters, an influential American lawmaker has said, expressing concerns over increasing Chinese investment in South Asia. Congresswoman Young Kim, who is chairman of the Subcommittee on Indo-Pacific in the House Foreign Affairs Committee, said South Asia holds immense significance for the US foreign policy and national security interests. The region faces a dynamic geopolitical landscape that presents challenges for the US policy objectives. The Indian Ocean is a crucial channel for global trade, an estimated 80 per cent of maritime oil trade and 40 per cent of world trade passes through the Indian Ocean, she said. CCP is making inroads into key choke points along these routes and obstructing the right to freely navigate the waters. In recent years, we have seen Chinese ports in Pakistan and Sri Lanka, military installations in Djibouti and infrastructure investments

Budget 2024: Border infra gets boost as China builds bunkers, bridge at LAC

Govt committed to improving border infra through higher budgetary allocation to agencies executing strategically-significant projects, says Ministry of Defence

India to fast-track China visas after businesses complain of delays

Businesses say restrictions are hurting the country's ability to become a manufacturing hub

Vikram Misri takes charge as foreign secy: all you need to know about him

A 1989-batch IFS officer, Vikram Misri served as an ambassador in Beijing during the Galwan clash and as deputy secy for Pakistan desk in MEA during the Kargil War

Jaishankar hold talks with Wang Yi; focus on early resolution of Ladakh row

India and China on Thursday vowed to redouble efforts to resolve the remaining issues in eastern Ladakh at the earliest and "stabilise and rebuild" ties even as External Affairs Minister S Jaishankar conveyed to his Chinese counterpart Wang Yi during a meeting that the Line of Actual Control (LAC) must be respected. In the talks held on the sidelines of the summit of the Shanghai Cooperation Organisation (SCO), Jaishankar underlined the need for fully abiding by relevant bilateral agreements and protocols reached between the two sides in the past for the management of the border. In a statement, the Ministry of External Affairs (MEA) said Jaishankar and Wang had an in-depth exchange of views on finding an early resolution of the remaining issues along the LAC in eastern Ladakh to "stabilise and rebuild bilateral relations." In the meeting, the external affairs minister also reaffirmed India's persistent view that the relations between the two sides must be based on mutual respect, .

'Respecting LAC essential': EAM Jaishankar after talks with China's Wang Yi

EAM S Jaishankar stated that India and China agreed to intensify efforts via diplomatic and military channels to address border issues

Yin, yang and assumptions

Sandeep Hasurkar explores how India and China, through contrasting governance and developmental paths, have shaped their unique trajectories on the global stage

China Prez Xi Jinping to attend SCO summit from July 2 to 6 in Kazakhstan

The SCO summit will take place from July 3-4 in Astana, the capital city of Kazakhstan

Five soldiers including JCO swept away while crossing river in Ladakh

Five soldiers of the Army are feared drowned after they were swept away while crossing a river in a T-72 tank near the Line of Actual Control (LAC) in the Nyoma-Chushul area in Ladakh early Saturday, officials said. They said the incident occurred near Mandir Morh, 148 kilometres from here, during an exercise around 1 am. The T-72 tank with five soldiers on board sank due to flash floods while they were crossing the river, the officials said. A rescue operation has been launched. Further details are awaited.

Time for proper strategy to decrease dependence on China: Jairam Ramesh

Congress General Secretary Jairam Ramesh alleged that the conglomerate company has reportedly selected eight Chinese companies to help its solar projects

LG Sinha visits Amarnath yatra base camp in Jammu, reviews arrangements

Lieutenant Governor Manoj Sinha on Thursday night visited the base camp of Amarnath yatra in Jammu and reviewed the final arrangements for the pilgrimage. Amid multi-security escort, the first batch of Amarnath pilgrims will depart for twin base camps in Kashmir from Jammu on Friday, marking the beginning of this year's pilgrimage from here. Sinha, who was accompanied by Director General of Police (DGP) R R Swain and top civil and security officials, took a round of the base camp at Bhagwati Nagar and chaired a meeting to review the final arrangements. The Lieutenant Governor also met and interacted with the pilgrims. Subsequently, he chaired a meeting with the officials and reviewed the measures taken to facilitate the comfortable stay of the pilgrims, officials said. He was briefed on the extensive arrangements made for the smooth pilgrimage of the devotees. Sinha directed the stakeholder departments to deploy adequate manpower to cater to the heavy rush of the pilgrims. He als

India expressed interest in co-production of Stryker combat vehicle: US

The US and India plan to co-produce Stryker armoured vehicles in a move designed to boost India's military capabilities and deter China