China and India:An Era of Escalating Economic Interaction

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As ancient civilizations China and India had close cultural and commercial ties, but they drifted apart after eleventh century until the mid-twentieth century. In the 1990s, the two emerging-market economies once again began to interact and become economically close. The bilateral relationship was strengthened by political initiatives and determination from both sides. Their mutual trade and investment are on the rise and their new relationship has been evolving in accordance with the new diplomatic stance of conciliation. The bilateral economic bonds are likely to involve both competitive and collaborative dimensions. The two neighbors have determined to develop more extensive cooperation in regional and international affairs. As the ancient civilizations China and India had close cultural and commercial ties, but they drifted apart after after eleventh century until the mid-twentieth century. In the 1990s, the two emerging-market economies once again began interact and become economically close. was strengthened by political initiatives and determination from both sides. Their mutual trade and investment are on the rise and their new relationship has been evolving in accordance with the new diplomatic stance of conciliation. The bilateral economic bonds are likely to involve both competitive and collaborative dimensions The two neighbors have determined to develop more extensive cooperation in regional and international affairs.
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