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Showing posts with the label china in india

Asian Giants China and India want win-win results

A joint communique signed between India and China, the Asian Giants in economy, population and power,    on December 16, 2010 said that they had agreed to expand co-operation in infrastructure, environment, information technology, telecommunications, and investment and finance. It said that both Wen Jiabao and Manmohan Singh wanted "to draw on each other's strengths and pursue mutual benefit and win-win results". Mr Wen hold talks with Indian PM Manmohan Singh on Thursday, December 16, 2010. The two men discussed a number of sensitive issues, including a long-running border dispute. Both sides said they need more time to sort out the border question. The BBC's Sanjoy Majumder in Delhi says that the Chinese premier's visit amounted to a strong endorsement of the economic relationship between the two Asian giants, even though contentious issues remain. Chinese Prime Minister Wen Jiabao arrives in Delhi on 15 December 2010. Mr Wen's delegation in India...

India and China set USD 100 billion trade target by 2015

The Asian giants India and China have agreed a new $100 billion bilateral trade target by 2015, up from $60 billion in 2010. The two sides agreed to take measures to promote greater Indian exports to China, to reduce India's trade deficit between the two countries. Companies have already signed business deals worth $16 billion on the opening day of Chinese PM Wen Jiabao's three-day official visit to India. The latest of a number of world leaders to visit India, Mr Wen is accompanied by some 400 Chinese business leaders. China is India's largest trading partner.