BS EDIT: Modi-Xi meeting: A reset for Sino-Indian relation

By Business StandardPublished On Oct 25, 2024

Long-awaited diplomatic breakthrough

Modi-Xi's first formal meeting in five years at the Brics summit signals a potential reset in Sino-Indian relations, raising hopes for improved diplomatic ties

Focus on border disputes

Modi and Xi welcomed progress on the Ladakh standoff and announced dialogue mechanisms to address broader boundary disputes, crucial for stabilising relations

Fragile path to peace

The rapprochement is promising, but India must stay cautious as LAC disengagement specifics are unclear. Border peace remains India's top priority, said PM Modi

Double-edged sword

China remains India's largest trading partner, but heavy reliance has caused a trade imbalance, highlighting the need for a more balanced economic relationship

Reducing dependence on China

India must reduce reliance on China by building domestic capabilities and diversifying sourcing, as continued dependence may affect ties with the US and west

Diplomacy on India's own terms

India's engagement with global powers on its own terms shows strong diplomacy. Balancing diplomatic and economic fronts is key to securing long-term advantages