As close neighbors boasting the largest emerging economies in Asia, China and India have everything to gain if they deepen mutual political trust and conduct pragmatic cooperation under the principles of equality and reciprocity. The two will have everything to lose if they treat each other as competitive opponents.
The rise of China and India is believed to be the most remarkable phenomenon of the 21st century. The international community admires their achievement, especially their economic resilience and the great potential they have showed during the global financial crisis.
Unlike East Asians -- who are smart enough to keep their focus on the economy -- South Asians concentrate on other issues, thereby losing the chance for mutual prosperity.
Global behemoths have different demands for 'ultra low cost' vehicles
A report by the Indian government saying that the country will "overtake China to become the world's most populous nation within the next 16 years" provoked a clash, according to an article in the Telegraph on July 12.
A recent survey conducted by Beijing-based Horizon Research, though by no means comprehensive, should sound alarms that China and India need to do more to deepen mutual understanding, especially at the people-to-people level.
The world's most populous nations, China and India, have improved the lives of more slum dwellers than any other country, the UN-Habitat's newly launched State of the World Cities 2010/2011 says.
Indian and Chinese firms, seeking resources and new overseas markets as they expand, will lead a host of new multinational firms from emerging economies over the next 15 years, according to PricewaterhouseCoopers.
Indian Foreign Minister Somanahalli Mallaiah Krishna said on Tuesday that Beijing and New Delhi should not be seen as competitors, instead arguing that a stable and strong Sino-Indian relationship has consequences for the rest of the world.
India's call for partnering with China on infrastructure projects will benefit both sides and help in reducing political distrust, Chinese experts said on Tuesday.
Bureaucracy, lack of infrastructure pose problems as nation eyes overtaking China
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