China has emerged as one of the sharpest climbers in economic investment in India during the Modi government’s tenure, top government sources have said.
China has emerged as one of the sharpest climbers in economic investment in India during the Modi government’s tenure, top government sources have said. The development has, no doubt, surprised New Delhi.
Sources also said that in recent times, there has been no border standoff with China, much to the relief of New Delhi.
In fact, both countries had recently conducted joint tactical exercises in J&K’s Ladakh area, indicating the growing comfort level in ties.
It has often been suspected that China is seeking to forge deeper economic engagement with India at a time when the Chinese economy is slowing down. While India is welcoming the Chinese investment, New Delhi remains wary of the Chinese military might and concerns are often expressed by security agencies with regard to possible surveillance attempts by China through Chinese companies operating in India and Chinese electronic products, particularly mobile phones, sold in the country.
India has also been suspicious of Chinese attempts to encircle India with the “string of pearls” strategy, particularly with regard to Nepal, Myanmar, Sri Lanka and the Maldives. The recent tensions in ties with Nepal had also worried India, with not-so-subtle threats earlier by the Nepalese government that it could turn to China as a lifeline. But New Delhi is now relieved that Kathmandu has finally seen reason and realised that “turning to China is a non-option”.
