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
New Delhi: A pro-government Chinese daily has come down heavily against India over the recent incidents involving traders. 'The Global Times' claims that Indian diplomat S Balachandran who fainted in a Shanghai court on Saturday tried to "secretly" take away two detained Indian nationals under the pretence of going to the toilet. The daily also refuted reports of Balachandran being ill-treated by Chinese authorities, accusing the Indian government and the...
08:40 AM, Jan 06, 2012
New Delhi: The Indian embassy in China has issued a statement warning Indian traders to avoid transaction in the Chinese city of Yiwu. This comes just a day after an Indian diplomat was manhandled by hooligans inside a city court. The diplomat identified as S Balachandran was denied medication to control a severe diabetes condition. Balachandran was reportedly providing consular assistance to two Indian businessmen standing trial in Yiwu. Reports...
07:29 AM, Jan 04, 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: Foreign Minister SM Krishna on Monday said that he has Instructed Indian mission in Beijing to take up diplomat attack issue with Chinese authorities. "No harm should be done to Indian officials. They cannot take law into their own hands," he said. In an ugly incident, an Indian diplomat based in Shanghai was "manhandled" in a court while two others compatriots were tortured and detained, prompting India to...
09:25 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
