The Economic Reasons behind India-China Rapprochement not Enough for a Turnaround
China-India relations have never been easy especially since the 2020 military standoff in the Himalayan border. This sudden severe disruption in political relations had relevant economic consequences for China as many of its companies, especially e-platforms – had to abandon India. And yet, India’s economic dependence on China, especially in terms of imports, has done nothing but increase since.Given that the Indian economy is decelerating at a more difficult time for Prime Minister Modi, who governs in a coalition, China could offer a partial solution to India’s economic deceleration by inves...