articles/india-china.html
2020-08-08 18:54:38 +05:30

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<title>RanchiMall Content Collaboration Output</title>
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<div class="head">
<div class="headerobjectswrapper">
<header id='title'>India China Relationship</header>
</div>
<div class="subhead" id='subtitle'>Exported by RanchiMall Content Collaboration on FLO Blockchain</div>
</div>
<div class="content" id='sectionmaster'>
<div class="columns">
<div class="column" id='section1'>
<div class="head"><span class="headline hl3">India China Diplomatic Relations</span></div>
<p>Diplomatic relations between
India and China.
India is the first non-socialist country to
establish diplomatic relations with China,
the communist government. The joint
enunciation of Panchsheel - the 5
principles of peaceful co- existence by the
Indian Prime Minister Nehru and Chinese
Premier Zhou Enlai was a step towards a
stronger relationship. Annexation of Tibet by Chinese caused
huge conflicts between the two countries
and the tension was also heated due to
border disputes caused by China. It took
more than a decade to normalize the
situation. Trade was the only positive
relation between both the countries. They had signed agreements on cultural
exchanges and co-operation in science. Bilateral trade between India and China
has increased from $338 million in 1992 to
more than $84 billion in 2017,
But we need to relook how the relation
would continue after the post- covid
world. The solidarity between the two
countries may be degraded due to lack of
transparency and trust issues of China. The public perception of Indians has
become very negative and the whole
world has socially distanced themselves
from China. India has been doing the
same. The first step is by banning 59
Chinese apps. The outbreak of this
pandemic will sure change our relations
with China since it the one to be blamed
for.</p>
</div>
</div>
<div class="columns">
<div class="column" id='section2'>
<div class="head"><span class="headline hl3">India China Trade</span></div>
<p>Indo-China Trade.
China being the largest exporter to India surely has its upper hand there and it would be a great 
troublesome situation for both the countries to have disputes amid this world wide pandemic due to 
the CORONA VIRUS.
It wont be wrong to say that Indian MSME sector is very much dependent on various Chinese 
imports and that too when it has been in the middle of crisis since a couple of years.
Although for the business experts and other analysts it is going to be an interesting show that how 
both the countries and going to revive their respective manufacturing sector and the economy as a 
whole if thing go wrong.
Figuratively speaking, In 2019-20 China accounted over 5% of Indias total exports which includes a 
wide range of products including iron ore, cotton yarn, coconuts, copper. Whereas Imports from 
china accounted for more than 14 percent, mobile phones and its accessories holding the top spot 
over 48% of the total import.
For more visit http://www.indiatradedata.com/what-india-import-export-china
The above figures shows that India runs a huge trade deficit with china which puts India on the
back 
foot to take major decisions, although Indian government has already taken some strong decisions 
to match up the sentiments of Indian citizens to boycott Chinese products. 
India already has its plans to counter Chinese huge imports, The MAKE IN INDIA programme which 
was launched in 2014 but Indian economy has not seen or gained much out of it.</p>
</div>
</div>
<div class="columns">
<div class="column" id='section3'>
<div class="head"><span class="headline hl3">India China DTAA</span></div>
<p>INDIA-CHINA DTAA
Double Taxation Avoidance Agreement(DTAA)is an accord for the avoidance of double taxation to a
citizenary of either or the both nation entalgled to the concord.
India-China bilateral significance to DTAA kicked off to a flier in july 1984.The recent development
in harmony with the concurrence was observed in Nov.2018.
The amendment in the prevailing protocols has now bound both the nation to sticl to the recent
international standards.
The DTAA is just not about Tax- Credit or Tax- Exemption but it also indirectly helps both the
nation to understand each other economic and  monetary policies and aid to prosper growth. However,
In  critical circumstances,the accord may be terminated from either party by notifying other.</p>
</div>
</div>
<div class="columns">
<div class="column" id='section4'>
<div class="head"><span class="headline hl3">India China Doklam Border Standoff</span></div>
<p>INDIA CHINA DOKLAM BORDER ISSUE- 
Docklam, or Donglang in Chinese, is an area spread over less than 100sq km comprising a platform and
a valley at the Tri-junction between India, Bhutan and China. It is surrounded by Chumbi
Valley of Tibet, Bhutan Ha Valley and Sikkim. In 2017, a dispute arose between Indian Armed Force
and the
Peoples Liberation Army of China. In June, 2017, the Chinese troops started constructing road on
the disputed area of Doklam which the Chinese claims it to be a a part of its Donglang region.
However, India and Bhutan recognize it as Doklam, a Bhutan territory. Bhutan has a very strategic
position considering the geography of India. To foster the relationship, India and Bhutan had signed
a “Friendship Treaty” in 2007 which made India to intervene for the goodwill of Bhutan among other
provisions. Also, Bhutan had asked for Indias help to protect its interest in Doklam from Chinese
intervention. The question that arose was why Doklam region was so important to these nations. The
reason being was that the area of Doklam carries huge military advantages and if it falls into the
hands of China, the security of India and Bhutan will be at stake. The access to Tri-junction area
shall be easy for the transportation of war machinery to the border of India. In this case, if there
is a war between India and China, China will be able to conquer the Chickens neck of India which
connects the North-Eastern states to rest of India. So, Indian Army was sent in order to stop the
Chinese troops from constructing roads on the disputed area of Doklam. The military standoff
continued for more than two months. China
accused India for entering their border. Well after diplomatic conversations, both the troops were
withdrawn from the border. Talking about the consequences of this standoff, I do not think it was an
impactful one. The Chinese government claimed that it is
their sovereign right so the Chinese troops will be present at the border. They were ready to
maintain peace further. Till now, there have been no instances regarding any disturbances on that
border.</p>
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