Xi's India visit to help diplomatic thaw, but business ties bound by suspicion
Business ties remain constrained as India keeps scrutiny on Chinese investment, visa delays and equipment restrictions, analysts said.
- Chinese President Xi Jinping is expected to arrive in New Delhi tomorrow for the 18th BRICS Summit, marking his first visit to India in seven years, though Beijing has not officially confirmed a bilateral meeting with Indian Prime Minister Narendra Modi.
- Relations remain wary following a 1962 war and the 2020 border skirmish in eastern Ladakh that killed 20 Indian and four Chinese soldiers, though India eased investment restrictions in March and resumed direct flights last year.
- Despite diplomatic outreach, Indian businesses report ongoing trade hurdles including visa delays and equipment held at Chinese customs. Ajay Srivastava, founder of New Delhi-based Global Trade Research Initiative, said these disruptions "reflects more than administrative friction" and show China using trade dependence as leverage.
- New Delhi declined to approve Alipay's payment system link citing national security, while the Serious Fraud Investigation Office investigates Xiaomi for alleged investment law breaches, prompting vehicle makers BYD and Great Wall Motor to shelve planned investments.
- Experts remain skeptical of dramatic breakthroughs, with Harsh Pant of the Observer Research Foundation warning of a high "trust deficit." Lin Minwang, a South Asia expert at Shanghai's Fudan University, said "China certainly wants to improve ties, but we are waiting to see to what extent India is actually willing to improve them.
19 Articles
19 Articles
Chinese President Xi Jinping in India for the Brics Summit. This is his first trip to New Delhi since October 2019 just before the Covid-19 pandemic. This looks like a beginning of rapprochement between China and India and yet, many blockages remain between the two Asian powers.
The President of the PRC, Xi Jinping, will visit New Delhi to attend the 18th BRICS Summit at the invitation of the Prime Minister of India, Nrentra Modi, reported to the Chinese Ministry of Foreign Affairs. The President of the PRC, Xi Jinping, plans to visit India to attend the 18th BRICS Summit, transmits RIA News with reference to the Ministry of Foreign Affairs of China. The event will take place in New Delhi on 12 and 13 September. Xi Jinp…
The Economic Times
Times of IndiaChina's Xi Jinping to visit India for first time in seven years as New Delhi hosts BRICS Summit
Chinese President Xi Jinping is set to participate in the BRICS Summit in India this week, marking his first visit in seven years. As Prime Minister Modi and Xi prepare to meet on the summit's sidelines, their encounter is viewed as a crucial step towards mending ties following earlier border tensions, highlighting their commitment to enhancing bilateral relations.
Xi's India visit to help diplomatic thaw, but business ties bound by suspicion
Chinese President Xi Jinping's much-anticipated visit to New Delhi this week, his first to India in seven years, should further the diplomatic thaw between the giant neighbours, but there are few signs as yet that their business ties will improve.
Dance of Tiger and Dragon: India-China Thaw Remains Cautious as BRICS Offers a Possible Modi-Xi Window
Get latest articles and stories on World at LatestLY. Chinese President Xi Jinping's expected visit to India for the BRICS Summit later this week puts the spotlight on the fragile thaw between New Delhi and Beijing, as the two Asian giants make progress towards stabilising ties but remain some distance away from full normalisation, particularly along the Line of Actual Control (LAC). World News | Dance of Tiger and Dragon: India-China Thaw Remai…
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