New Delhi: Home Minister P Chidambaram on Friday said that India's trade with China was booming and there was no reason to envy the country, rather it should be emulated.
He said China and India are two large countries and Beijing challenges New Delhi to compete with it on equal terms.
"We should not fear competition from China. There is no reason to envy China. If at all, we should try to emulate China," he said addressing the 7th Northeast Business Summit organised by the Ministry of DoNER.
Despite what is reported in some sections of media about growing competition between India and China, trade between India and China is booming and China has become India's largest single trading partner, he said....
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02:34 PM, Jan 06, 2012
Beijing: The two Indians, who were virtually held captive by local traders in China's Yiwu trade hub, have now been shifted to a hotel for "safety" reasons by the police, even as India issued an advisory asking its traders to "stay away" from the busy commodity centre. Police in Yiwu, a trade hub in Zhejiang province close to Shanghai, shifted Shyamsunder Agrewal and Deepak Raheja to a hotel where two...
01:42 PM, Jan 03, 2012
New Delhi: The Ministry of External Affairs will summon Chinese Deputy Chief of Mission to lodge protest over the ill treatment meted out to Indian diplomat in Shanghai, sources said. Indian embassy officials are apparently in a meeting with officials from the Chinese Ministry of Foreign Affairs in Beijing. The Indian diplomat was attacked as he tried to secure the release of two Indians who were held hostage by locals,...
04:08 PM, Jan 02, 2012
New Delhi: India has taken serious note of the attack on an Indian diplomat in a Chinese court by some local traders. Indian embassy officials are apparently in a meeting with officials from the Chinese Ministry of Foreign Affairs in Beijing. Sources have said that the Ministry of External Affairs has summoned Chinese diplomat on the incident. The Indian Counsulate in Shanghai protested to the Yiwu local government officials. Meanwhile,...
03:02 PM, Jan 02, 2012
Beijing: An Indian diplomat was injured and hospitalised following an assault by a large group of Chinese traders in a court, as he tried to secure the release of two Indians who were held hostage by locals, demanding payment of their dues in the eastern business hub of Yiwu. S Balachandran, a diplomat at the Indian Consulate in Shanghai was rushed to hospital when he fainted after being "manhandled" by...
01:48 PM, Jan 02, 2012
