SME Times is powered by   
Search News
Just in:   • Water level in TN's Mullaiperiyar dam rises sharply after heavy rain, flood alert issued  • Working on 'Act East' resolve with 'Act Fast' approach: PM Modi on Sikkim's statehood celebrations  • India's national consensus and collective resolve against terrorism highlighted in South Africa  • Eventful day for Bengal over PM’s twin-events in Alipurduar  • Ravi Shankar Prasad-led delegation heads to Denmark after presenting anti-terror stand in Italy 
Last updated: 16 Apr, 2025  

indo-china.jpg Indo-China cooperation holds key to our businesses’ success

indo-china.jpg
   Top Stories
» Centre directs e-commerce firms to analyse and remove dark patterns
» Indian stock market opens in green, Sensex above 81,500
» Cabinet okays interest subsidy on farmers' loans for 2025-26
» Restoration of RoDTEP benefits to boost MSMEs, enhance investors’ confidence: Assocham
» FM Sitharaman to meet captains of industry on GST reforms
Bikky Khosla | 16 Apr, 2025
​It comes as good news at the right time that China has welcomed over 85,000 Indian visitors in just three months, easing visa rules in what I believe is not just a travel gesture, but a quiet invitation, an opening which both nations should seriously consider embracing. 

For far too long, India and China have allowed political tension to overshadow economic opportunity. I don’t deny the complexities of our relationship. Border disputes, trust deficits, and strategic rivalries are real and serious. But in today’s rapidly shifting global order, especially with the United States ramping up tariffs and the impending trade war, we need to ask ourselves a hard question on whether we can afford to keep ignoring each other economically? 

I for one strongly feel that the answer is no. 

Let’s be honest, China is not going anywhere. It remains the world’s largest manufacturing hub, and despite Western narratives of its slowdown, its scale and efficiency are still unmatched. On the other hand, India is the rising star of consumption and growth, with a massive young population and an increasingly sophisticated market. What we lack in infrastructure and industrial scale, China can offer. What China lacks in domestic demand growth and external political trust, India can provide. 

So, why aren’t we doing more to trade directly, invest jointly, and build mutual economic dependence that can withstand diplomatic ups and downs? I think that if exporters and importers from both nations were empowered to work together with fewer restrictions, we can definitely unlock massive value. Indian pharmaceutical companies can scale in the Chinese market , while Chinese electronics suppliers can set up components hubs in India, making our manufacturing sector more competitive. Yet again, Indian agricultural goods can find new life in China’s growing middle class. The list goes on. 

Especially now, as the US doubles down on tariffs, our best move is to look sideways, which is toward each other. We can’t keep treating trade as a byproduct of politics. It has to become the driver. Building trust through business can create a stabilizing force that no diplomatic summit ever could. 

This visa move from China may seem like a small step, but to me, it’s a signal. It’s a knock on the door. It’s time we answered.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter