Samarpan IAS : By Samridhi
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An effort to understand India, it's diversity, history and culture. The objective is to cater to the need of civil services exams and make learning process interesting, easy and fulfilling by striking the right chord in right direction.
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Year 2025 will mark 75th anniversary of the establishment of diplomatic relations between India & China.
Both side agreed to create better awareness about each other & restore mutual trust among the public.
#India #China #relations
China's Belt & Road Initiative (BRI):

Panama recently announced termination of its MOU on BRI.

This announcement comes as US President Trump threatened to take back the Panama Canal.

Under BRI , China has made huge investments in various countries by extending loans to them for infrastructure. The BRI projects are also criticised for being debt traps as many countries are struggling to pay the debts.
#BRI #BeltandRoad #China #Panama
India- China's 75 years of bilateral relations:

Marking 75th anniversary of bilateral relations between two countries, Chinese President termed India and China as "ancient civilizations, major developing countries and important members of Global South".

Key Issues in India-China relations:

Unsettled Border: Along the 3,488-kilometer Line of Actual Control (LAC), the lack of mutual agreement between the two countries has led to military clashes.

Geopolitical Rivalry: India sees China's Belt and Road Initiative (BRI), including China-Pakistan Economic Corridor (CPEC) passing through disputed Kashmir region, as a strategic encirclement.

Economic Imbalance: India is heavily reliant on Chinese imports, with the country's trade deficit surging to $85.1 billion in FY 2024

China's support to Pakistan: in the form of advanced military technology and economic aid, further complicates India's
security.

Way Forward:

- Early resolution of border disputes through mechanisms like Border-Personnel Meetings, Working Mechanism for Consultation and Coordination (WMCC), etc.

- Strengthening economic interdependence with balanced trade and investment opportunities.

-Rebuilding the relations based on a threefold formula of mutual respect, mutual sensitivity and mutual interest.
#India #China #bilateralrelations
Trump administration imposed 27% duty on imports from India.
#Tariffs #India #China #Bangladesh #Vietnam
US-China talks in Geneva, Switzerland to ease trade war between both the countries.

US had earlier imposed 145% levies on Chinese imports. China retaliated with 125% retaliatory tarrifs.
#Tariffs #tradewar #US #China