Xi’s India visit to help diplomatic thaw, but business ties bound by suspicion
Summary
Xi Jinping’s visit to New Delhi for the BRICS summit is expected to advance the diplomatic thaw between China and India, but business ties remain strained by investment curbs, visa delays and technology restrictions. A possible meeting with Narendra Modi could help ease some of the barriers, though deep distrust still shapes the relationship.
Key Points
- Xi Jinping is visiting New Delhi for the BRICS summit, with a possible bilateral meeting with Narendra Modi seen as crucial for China-India ties.
- Despite diplomatic thaw, business ties remain limited by investment restrictions, visa delays, scrutiny of Chinese firms and equipment bottlenecks.
- India has eased some curbs on Chinese investment and approved a few projects, including Dixon Technologies’ venture with Vivo Mobile.
- Chinese authorities and Indian agencies continue to impose or consider restrictions, reflecting the mistrust and leverage concerns in the relationship.
