What should India do to compete with China?

India needs to reduce the power asymmetry with its neighbour and build its muscles so that it can flex them from a position of strength. This asymmetry exists across four areas—economic, diplomatic, political and military.

How can India reduce its dependence on China?

Chadha said that India was working on a multi-pronged strategy to reduce this dependence, ranging from the Production Linked Incentive (PLI) scheme to boost domestic manufacturing, a global effort involving India’s foreign missions to find alternatives to China, and the use of free trade agreements (FTAs) with other …

Does India have a good relationship with China?

Cultural and economic relations between China and India date back to ancient times. However, since the late 1980s, both countries have successfully rebuilt diplomatic and economic ties. In 2008, China became India’s largest trading partner and the two countries have also extended their strategic and military relations.

Which country relationship is good with India?

Strategic partners Though India is not a part of any major military alliance, it has close strategic and military relationship with most of the fellow major powers. Countries considered India’s closest include the Russian Federation, Israel, Afghanistan, France, Bhutan, Bangladesh, and the United States.

Is China dependent on India?

China accounted for 5\% of India’s exports and 14 \% of India’s imports in 2019. China forms an integral part of the global supply chain, and India too is heavily dependent on Chinese imports, ranging from a variety of raw materials to critical components.

How can we reduce dependency on China?

Proposed measures to reduce import dependency include diversifying supply and demand by relying on different trading partners, stockpiling and “acting autonomously whenever necessary”.

What is the relationship like between China and India?

For India, a good relationship with China will not only benefit India’s development but also be an important way to enhance its international influence. On the regional level, China and India actively participate in multilateral co-operation processes, such as the free-trade schemes in South-East Asia.

What is the main pillar of India-China relations?

The development of economic co-operation is the main pillar of India-China relations. The volume of India-China trade increased from US$100 million in 1988, to US$73.9 billion in 2011. China has become India’s biggest trading partner and India is China’s seventh largest trading partner.

What is China’s Strategic Choice in India?

The Chinese ambassador to India unusually took to the editorial pages of an Indian newspaper to emphasize, “To strengthen good-neighbourly and friendly cooperation with India is China’s strategic choice and established policy which will not change.” Chinese officials have indicated that greater efforts should be made toward a boundary settlement.

Why is India’s visit to China so important?

The visit will cap a year that has been full of ups and downs in India’s relations with China. The tale of three trips is representative. One in May by Chinese Premier Li Keqiang, his first abroad, was intended to signal the importance Beijing placed in the Sino-Indian relationship.