China pledged billions of dollars to India during a three-day historic visit. For the first time, Chinese President Xi Jinping and Indian Prime Minister Narendra Modi pledged to resolve a long-lasting border dispute.
Together, China and India make up nearly a third of the world’s population. In a united effort, their leaders say they can both prosper economically. For decades, China and India’s relationship has been tested by a border dispute. But this week, China’s President Xi Jinping and India’s Prime Minister Narendra Modi began a new chapter by focusing on growing their economies and deepening commercial ties.
During a three-day summit hosted by India, President Xi made the commitment to invest $20 billion over the next five years for industrial parks and infrastructure including railway technology. China said it would support India becoming a full member of the regional security body, Shanghai Cooperation Organization and support India’s aspiration to play a greater role at the United Nations.
Our panel discussed the implications of the historic China-India talks:
- Hu Shisheng is the Director of the Institute for South & Southeast Asian and Oceania Studies.
- Pramit Pal Chaudhuri is the the Foreign Editor of the Hindustan Times.
- Tanvi Madan is a fellow in the Foreign Policy Program at the Brookings Institution.
Our panel discussion continues: