Changing global economy positive sign in India-China relations

From a Correspondent

SHILLONG, July 5: TKA Nair, adviser to Prime Minister Dr Manmohan Singh, said that due to the changing dynamics in the world economy there has been a thaw in the relationship between India and China.

Nair was speaking at the inauguration ceremony of IIM Shillong’s newly-launched Post Graduate Executive Programme (PGPEx) on International Business with a special reference to China. “There has been a great change in India’s relationship with China due to the changing global economy,” Nair said.

Urging the need to improve relations with China, the Prime Minister’s adviser said that India should learn to cope with China and compete with them. Nair also advised that India should take advantage of the developing economic scenario in the region and said that trade and commerce determine positive growth.

He also said that China with an emerging economy would have a leading role to play in the world’s economy. “We should look for the future to develop our relations with China through trade and commerce,” the Prime Minister’s adviser said.