Several high-level meetings between the two nations have been held in recent times and both the nations have promised each other to extend cooperation across several dimensions. This newfound jubilation in India-China relations promises great bounties for the entire South Asian region.
India a Natural Partner in OBOR: China
China and India account for 20% of the world’s population and for 20% of the world’s GDP. China is amid a massive trade war with the US and that opens up the Chinese market for India which can further escalate the Indo-Sino relations as the west continues to act protectionist. It is time that India and China should stop seeing a competition in each other and rather see an opportunity in prospering together. China believes that India is its natural partner in the One Belt One Road initiative of Beijing.
India also showed a good gesture when it distanced itself from the alliance formed by Japan, Australia and the US to create hurdles for the Belt and Road Initiative of China and launch a front for investing heavily in South Asia. China surely acknowledges the gesture and that will deepen the bilateral ties between the neighbouring nations.