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India China Trade Relations

Overview India China trade relations   are the most important part of   bilateral relations   between India and China . From a temporary decline in the the influx of   Chinese imports in the Indian markets , the scenario seems to have changed - India is enjoying a positive balance of trade with China . The   India China trade relations   are regulated by the   India China JBC , which ensures a free exchange of products and services between the two nations. India & China signed a Trade Agreement in 1984 which provided for   Most Favored Nation Treatment   and later in 1994, the two countries signed an agreement to avoid double taxation. The   bilateral trade   crossed US$13.6 billion in 2004 from US$ 4.8 billion in 2002, reaching $18.7 billion in 2005. The   India China trade relations have been further developed from 2006, with the initiation of the border trade between Tibet , an autonomous region of China , and...

India-China Relations

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Relations with India 'fragile', says Chinese ambassador AFP – Zhang Yan, China's Ambassador to India, has said relations with India are "fragile", but … Mon Dec 13, 3:42 am ET NEW DELHI (AFP) – Relations with India are "fragile", China 's ambassador said on Monday, but the two countries can work together to emerge as a "world factory and a world office". Ahead of a visit to India on Wednesday by Chinese Premier Wen Jiabao, ambassador Zhang Yan said trust was badly needed between the neighbours. "It is a fragile relationship and it needs special care," Zhang said. Taking up the view that Asia can accommodate the rise of both countries peacefully, Zhang stressed how both had different strengths -- China in manufacturing and India in the IT and outsourcing sectors. "The two neighbouring countries should work together as a world factory and world office," Zhang said at a summit organised by an industry body in New...

China corners vital market

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By   MICHAEL RICHARDSON In the race to build advanced industrial and military products, China has a key advantage: the world's biggest reserves of rare earth minerals that are essential to many of these products. China dominates mining of the obscure but strategically vital rare earth elements (REEs) used in an increasing array of commercial and defense applications, ranging from batteries, magnets and electric motors to satellites, lasers and precision-guided munitions. Last year China produced about 97 percent of the world's rare earth oxides. Just as important, Chinese companies, many of them state-controlled, now have a near monopoly on processing rare earth metals into finished materials. This stranglehold is starting to alarm the United States , Japan , the European Union and other major economies that depend on supplies from China . Since 2005, it has been restricting output and exports, pushing prices higher. The Pentagon is due to finish a report by the end of th...

People's Republic of Hacking

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By  JAMES T. AREDDY 'Panda' Exploit Offers Rare Inside Look at China's Cybercrime Networks FEBRUARY 20, 2010 WUHAN, China—Some of today's biggest cybersecurity worries trace their roots to this central Chinese city, where a hacker with a junior high school education slapped cartoon pandas onto millions of computers to hide a destructive spy program. The Panda Burns Incense computer worm, created by 27-year-old Li Jun, wreaked havoc for months in China in 2006 and 2007, eventually landing Mr. Li in jail. Jumping one computer to another by tricking users into opening what appeared to be a friendly email message, the Panda funneled passwords, financial information and online cash balances from game Web sites to Mr. Li's cohorts—leaving a panda as its calling card. China rejects as nonsense that it is a hacker haven. "The government has never supported or been involved in cyber attacks, and it will never do so," Peng Bo, an official with the State Council I...

Musharraf admission: What’s so surprising?

Arun Kumar Singh - - - - - - Sept.16 : - - - - - - Former Pakistan President Pervez Musharraf’s latest admission that military aid provided by the United States to Pakistan for the war against terror during his tenure had been used to strengthen defences against India, and that he ensured Pakistan’s strategic weapons programme was "speeded up", as well as China’s latest border incursions should finally clear the cobwebs from the minds of India’s political leadership. - - - - - - Many Indians wonder why we continue to suffer nasty surprises at the hands of Pakistan and China. Forty-seven years after the Sino-Indian war in 1962, India has again been taken by surprise by China in Arunachal Pradesh, Ladakh and Uttarakhand. - - - - - - India’s lack of strategic culture has been repeatedly exposed and its military often forced to fight under very disadvantageous conditions. - - - - - - Our political-bureacratic leadership has allowed defence preparations to fa...

US plans for ‘imperial’ presence in Pakistan

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By Karamatullah K. Ghori Barack Obama may be poles-apart from Bush on so many other things but shares his perception of fighting the enemy on its terrain. — Photo by AP Pardon the Pakistani news media going gaga over Washington’s plans to beef up, extraordinarily, its diplomatic presence in Pakistan. The plans are staggering and stupendous, for want of more descriptive adjectives. But they are, for the record, just geared to Washington’s diplomatic stake in Pakistan, lest the Pakistanis routinely clobbered in the ‘civilised western world’ for their outbursts of emotions over supposedly petty little things. ‘The Americans are coming, and coming big,’ according to media pundits in Pakistan. And none should blame them for going over the top because the figures being bandied about are, to say the very least, flabbergasting. What’s on the drawing boards in Washington and Islamabad are the blue prints for vastly increasing the number of American personnel manning one of the most imp...