Xi Jinping's India visit to help diplomatic thaw, but business ties bound by suspicion: Analysts
While China-India relations have improved in recent years, businesses in both countries continue to face hurdles, underlining the gap between diplomatic progress and economic ties, say analysts.
China's President Xi Jinping is set to visit India this week, marking his first trip to the nation in seven years. This meeting is expected to enhance diplomatic relations between the two nations, although business ties remain fraught with challenges. Analysts point out that while diplomatic ties have improved, economic cooperation continues to face obstacles such as regulatory hurdles, delays in obtaining visas and limitations on industrial equipment.
The source highlights that despite the progress in diplomacy, the disparity between the two countries' economic ties is substantial. Analysts suggest that while China's economic influence offers opportunities, the trust deficit between the two nations poses a significant barrier to improved business ties.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Xi Jinping's India visit to help diplomatic thaw, but business ties bound by suspicion economictimes.indiatimes.com
