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| Infographie : F. Descheemaekere |
India and China Deepen Economic Ties
[The New York Times]
While India and China continue to disagree over their shared border, and the role of both countries in the South China Sea, on the economic front, the two countries are making strides.
On Monday afternoon, during a “strategic dialogue” held in New Delhi, representatives of the two countries signed seven economic cooperation agreements worth $5.2 billion, their second such dialogue in as many years. The countries agreed to cooperate in renewable energy, information technology, steel manufacturing and electric transmission lines. The delegations also signed four memorandums of understanding related to energy efficiency, railroads, information technology and their intent to conducting joint studies on “issues of mutual interest.” [...] Trade between the two countries has grown significantly in the past decade and a half, from less than $3 billion in 2000 to $74 billion last year.
Chinese companies supply electronic hardware, white goods, construction machinery and power transmission equipment to India, while Indian companies supply tractors, engineering equipment and information technology education to China.
Lire : nytimes.com
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