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Sunday, December 22, 2024 | 03:26 PM ISTEN Hindi

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Sikkim standoff: China's economic stakes in India are no worry for Beijing

India may hold the promise of a big market for China, but that promise is yet to be fulfilled

exports, imports
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Overall, on a cumulative basis, the CAD narrowed to 0.7 per cent of GDP in 2016-17 from 1.1 per cent in 2015-16

A K Bhattacharya
The current standoff between India and China over a border dispute in the Sikkim region has given rise to speculation over how the latter would respond to the situation. The Chinese leadership has ruled out any talks with India until the Indian troops vacate what it considers to be its territory. In response, the Indian foreign secretary has noted that differences should not become disputes between neighbours.

But the stalemate continues, bringing into sharp focus its impact particularly on China’s economic ties with India. On social media including many WhatsApp groups, a campaign is already on to show how Indians

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