The two countries are world's largest emerging economies, with 35% of world population and around 20% of world GDP
Bilateral trade between India and China boomed to $71.45 billion in 2016-17 from $1.83 billion in 1999-2000, though most of this is skewed to Chinese exports
The meeting was co-chaired by NITI Aayog Vice Chairman Rajiv Kumar and DRC President Li Wei
Prabhu is in Manila, the Philippines to attend the fifth East Asia Summit
The article said that China 'could easily retaliate' with restrictions on Indian products