Friday, April 29, 2011

Multilateralizing Chinindia   
   
The last few years have witnessed a regular stream of irritants in Sino-Indian interactions. Even bilateral trade, once regarded as the pillar of their rapprochement, has been losing its shine with a rising trade deficit in China's favor reaching US$16 billion in 2010. This deficit is expected to reach US$25 billion by 2015 with total trade at around US$100 billion. Unless the two countries explore other avenues of mutual benefit, even this modest trade target may become impossible to achieve. (Asia Pacific Bulletin)
(click on the headline to continue)

No comments:

Post a Comment