India and China Work Towards Restoring Economic Ties Amidst Trade Tensions

After a period of strained relations marked by US tariff increases, India and China are taking steps to mend their weakened economic ties. Prime Minister Modi’s strengthened focus on BRICS partnerships is playing a role in this development. ✈️ The potential restart of commercial passenger flights between the two nations could occur as early as next month, coinciding with Modi’s upcoming visit to China for the Shanghai Cooperation Organization summit in Tianjin. 🤝 This meeting marks his first trip to China in seven years and will likely involve talks with President Xi Jinping regarding further economic cooperation. The renewed engagement comes following Trump’s imposition of tariffs on Indian goods and President Biden’s subsequent criticism of India’s trade policies, significantly impacting the nation’s economy. 🌎 However, both countries are leveraging this situation for strategic growth in areas like infrastructure development and energy production.