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SINO-INDIAN RELATION
Submitted by:
Rishab Mahant
Sandeep Gosain
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INTRODUCTION
Sino-Indian relations, also called India-China relations refer tothe people's Republic of China and India.
India-China relations has a long history, which was seen bothups & downs during these last 6 decades.
The relations between late 50's & early 80's were sour due tocircumstances leading to the war of 1962, which led to a
serious setback in bilateral relations.
India & China restored ambassadorial relations in 1976.
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Sino-Indian Economic Relations
Trade relations via the Silk Road acted as economic contact
between the two regions.
Chinese location, culture and human resources can provideIndia a springboard to enter the Japanese and Korean market
for services .
Both countries have in recent years successfully attempted toeconomic ties, and consequently, the two countries' relations
have become closer. Today, China is India's largest trading
partner.
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Continued
Today, India is a main seller of Iron ore to China, and fills the
desperate need of natural resources for the nation.
Indian exports of goods account just about 1% of Chinas totalimports, while Chinese exports of goods account for just
about 5% of Indias total imports.
The Indo China trade is likely to reach US$60 billion by theend of 2009.
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Continued
India and China share complimentarily in many areas of services like IT Enabled Services, IT, Biotech.
India can be the lowest cost producer to China in several areaslike education, professional services and financial services.
Recently Chinese premier Wen Jiabao visited India, where he
said that India and China must take their trade to $70 billion
level by 2010.
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IMPORT/EXPORT OF INDIA WITH
CHINA
IMPORT ITEMS
FABRIC
SILK
ELECTONIC GOODS
MACHINERY
FERTILIZERS
VEHICLES
EXPORT ITEMS
IRON n STEEL
METALS
COTTON
PLASTIC
ELECTICAL MACHINERY
INORGANIC CHEMICALS
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Sino-Indian
Defence Relation
Agreement between the
Government of China and the
India on Maintenance Peacealong the Line of Actual Control
(LAC) in the China-India Border
Areas. (signed in September
1993)
November 1996, the
Governments of China and India
signed the Agreement on
Confidence Building Measures in
the Military Field along the Line of
Actual Control in the China-India
Border Areas.
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Continued
On April 11-2005, Premier Wen Jiabao held important
talks with his Indian Prime Minister Man Mohan Singh in
New Delhi.
There has been a great deal of expectation in India
regarding the State visit of the President to Indiarecalling that 2006 is the India-China friendship year.
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India and China Competitiveness
High costing
Less Specialized fabrics,
orders China/ Bangladesh
Better Transportation
Specialized in High end
apparels and handicrafts
Higher English SpeakingPopulation
Both Small and Large Scale
Sales.
CHINA
Low costing
Specializes in all kinds of
fabrics All business operations from
Hongkong only.
Casual and SimpleGarments
Concentrated to Hongkong
Majorly into Large ScaleProduction, Promotionsand Sales`
INDIA
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CONCLUSION
In the present scenario economic relations & border
dispute are the two main which guide the Sino-Indian
relation the former one being the most important.
. With regard to the economic relations even the chinese
feel that with both economies growing, India's relative
advantage in information technology software & china's
relative advantage in manufacturing hardware must becombined to produce a new synergy.