Sachinism Posted December 15, 2010 Posted December 15, 2010 Chinese PM Wen Jiabao has begun a three-day official visit to India to boost trade between the two Asian giants, whose relationship is dogged by mutual distrust. Mr Wen - the latest world leader to visit India recently - has been joined by some 400 Chinese business leaders. China is India's largest trading partner - two-way trade volumes are set to hit $60bn (£38bn) this fiscal year. The two nations fought a brief border war in 1962. Tensions remain over their shared 3,500-km (2,170-mile) border decades on from the conflict, in which China is widely considered to have prevailed. Mr Wen - who last visited India five years ago - brings with him one of the largest teams of Chinese business leaders ever to visit India. It dwarfs the number of trade chiefs led in recent weeks to India by US President Barack Obama (215), French President Nicolas Sarkozy (more than 60) and British Prime Minister David Cameron (about 40). Mr Wen began by addressing a business conference before heading to a school to discuss Chinese culture, a week after the Indian government introduced Mandarin to state education. The Chinese premier will hold talks on Thursday with his Indian counterpart Manmohan Singh, External Affairs Minister SM Krishna and the ruling Congress party chief Sonia Gandhi. "We are, from the Indian side, looking at the positive side of the outcome. The trade is growing between the two countries, the people-to-people exchanges are increasing, high-level visits are also increasing," Mr Krishna told Indian TV. In October the Chinese premier told Mr Singh on the sidelines of a regional meeting in Vietnam that there was enough space in the world for both countries to develop. Persistent disputes Later this week, Mr Wen will travel to India's nuclear-armed neighbouring rival, Pakistan, for a two-day official visit. Beijing is co-operating with Islamabad on missile development, cross-border infrastructure and a deep-water port. Ties between China and India, the world's two most populous countries, have been dogged by persistent territorial and trade disputes. Their relations have been particularly tense over the last year, says the BBC's Sanjoy Majumder. Beijing complained in 2009 about visits by the Indian prime minister and exiled Tibetan spiritual leader the Dalai Lama to the north-eastern state of Arunachal Pradesh, which China claims in full. China is strongly critical of India for granting residence to the Dalai Lama. Though their bilateral trade is booming, the relationship is not benefiting India as much as it might, say analysts. Delhi has been demanding greater access to Chinese pharmaceutical and IT markets as it seeks to level a large trade surplus in China's favour of up to £25bn. China's envoy to India, Zhang Yan, told reporters ahead of Mr Wen's visit: "Relations are very fragile, very easy to be damaged and very difficult to repair. Therefore they need special care in the information age." Ties between the two countries were strained again in August when India cancelled defence exchanges after China refused a visa to a Kashmir-based general. Last year, India protested against the Chinese practice of issuing visas to people from Indian-administered Kashmir on separate pieces of paper, unlike the standard visas it offered to other Indians. China gave no explanation for the move. Russian President Dmitry Medvedev is due to visit India later this month, when agreements on various areas, including civil nuclear, defence, space and trade, could be signed. * China became India's largest trading partner in 2008 * Bilateral trade to hit $60bn this year * By 2050, they are tipped to be the world's two leading economies * India's top exports to China include ore, fabrics, copper, precious stones and metals * China's top exports to India are machinery, iron and steel, fertilisers and silk http://www.bbc.co.uk/news/world-south-asia-11997221
Ram Posted December 15, 2010 Posted December 15, 2010 First Obama, then Sarkozy, then David Cameron ans now Wen Jiabao. And soon, Medvedev will come calling too. India Shining indeed!
hari504504 Posted December 15, 2010 Posted December 15, 2010 First Obama, then Sarkozy, then David Cameron ans now Wen Jiabao. And soon, Medvedev will come calling too. India Shining indeed! He is pbly come to slap our ministers and tell them that if they were in Beijing, they would be dragged through the streets and shot..and not even a dog will whimper a word against it..
Ram Posted December 15, 2010 Posted December 15, 2010 He is pbly come to slap our ministers and tell them that if they were in Beijing' date= they would be dragged through the streets and shot..and not even a dog will whimper a word against it.. Huh? :hmmmm2:
Sachin=GOD Posted December 15, 2010 Posted December 15, 2010 He is pbly come to slap our ministers and tell them that if they were in Beijing' date=' they would be dragged through the streets and shot..and not even a dog will whimper a word against it..[/quote'] I'd rather have the corrupt ministers of India than the Communist Rulers of China.
Clarke Posted December 15, 2010 Posted December 15, 2010 Its a shame really that he's gonna win more contracts than US corporations. America & its corporations have contributed far more to India's growth and i doubt China playing a similar role as a world power. Maybe the huge defense deals can keep the USA & our European partners satisfied.
Clarke Posted December 15, 2010 Posted December 15, 2010 I'd rather have the corrupt ministers of India than the Communist Rulers of China. Really ? What's the difference between a corrupt minister and a communist party member ? The patriotic communist can do what needs to be done without impediments while the corrupt minister will make ur and my life miserable. Here's some food for thought : China intends to invest $1.5 trillion over the next few years in seven key sectors including clean energy. Even if they invest a fifth of that, it will be far more than what USA does. They've beaten the French when it comes to high speed rail already while our rail network works like a snail. Bottom line : we shouldn't get too cocky of our democracy. It is the way to go in the long term but needs a lot of work to function in a satisfactory manner.
hari504504 Posted December 15, 2010 Posted December 15, 2010 ^ Yep, and remember how they came down on the Uighurs in Xinjiang (sticking a finger up to human rights activists in other countries)... while we had to shamefully watch newsclips of our policemen being lynched by mobs in Kashmir (while the govt wondered what was the best way to deal with this without losing the muslim votes)..
ravishingravi Posted December 15, 2010 Posted December 15, 2010 I'd rather have the corrupt ministers of India than the Communist Rulers of China. That is legendary man
Sachin=GOD Posted December 15, 2010 Posted December 15, 2010 http://www.amnestyusa.org/annualreport.php?id=ar&yr=2008&c=CHN
straight.drive Posted December 15, 2010 Posted December 15, 2010 Democracy is over-rated. Single most beneficiary of democracy is media and in turn media uses every means possible to cover up the glaring flaws of this political system. Democracy is a western concept and not a defacto suitable system for all the societies.
someone Posted December 16, 2010 Posted December 16, 2010 Democracy is over-rated. Single most beneficiary of democracy is media and in turn media uses every means possible to cover up the glaring flaws of this political system. Democracy is a western concept and not a defacto suitable system for all the societies. Yep, it is all that hype created by media about communist, that already causes the bad perception. The thing is both of them will be useless if used 100%, so we need a mix. China is doing that, while India has always been 100% democracy. Therefore, the results are here to see.:((
Sachinism Posted December 16, 2010 Author Posted December 16, 2010 Indian and China have agreed a new $100bn (£66bn) bilateral trade target by 2015, up from $60bn in 2010. The two sides agreed to take measures to promote greater Indian exports to China, to reduce India's trade deficit. Companies have already signed business deals worth $16bn on the opening day of Chinese PM Wen Jiabao's three-day official visit to India. The latest of a number of world leaders to visit India, Mr Wen is accompanied by some 400 Chinese business leaders. China is India's largest trading partner. Military build-up A joint communique signed by the two sides on Thursday said that they had agreed to expand co-operation in infrastructure, environment, information technology, telecommunications, and investment and finance.
Clarke Posted December 16, 2010 Posted December 16, 2010 Some of our media sucks so bad, their main headline being "No mention of 26/11" :wall: yeah sure, that's what he was gonna suggest and offend one of China's premier allies. Did the Saudi king give out a statement "Pak must stop supporting terror and i must stop any support from my countrymen" :haha:
Recommended Posts