India World Forum

The United States of America wants to see Economic growth in major emerging South Asian economies like India and China over a sustained period of time as it strengthens the world economy and benefits the America too. I think one of the great strengths of the world economy, looking forward, is the prospects of a long period of very rapid growth in the major emerging economies, including China, India , Brazil, Russia, US Treasury Secretary Tim Geithner told reporters Monday. And it s very important that you see-we want to see that growth happen over a sustained period of time, he said at a White House briefing when asked about what he saw as an appropriate role of BRIC nations in the global economic situation, especially in Europe. We will benefit as a country from the realization of those very optimistic long-term growth prospects. We ll export more. We ll see more jobs created in the United States, Geithner said. And we expect to be major beneficiaries as a country of that long boom we...

India and China have had ancient civilizational contact. In recent times, the process of development and diversification of bilateral relations has gathered pace. The focus is on enhancing mutually beneficial cooperation while simultaneously addressing differences. India China Political Relations The People’s Republic of China (PRC) was established on October 1, 1949, and India was the second non-communist country to recognize it. Within a few months, on April 1, 1950, India and China established diplomatic relations. The two countries also jointly expounded the Panchsheel (Five Principles of Peaceful Co-existence) in 1954. Chinese Premier Zhou Enlai visited India in June 1954 and Prime Minister Nehru visited China in October 1954. The circumstances leading to the attack by China in 1962 led to a serious setback in bilateral relations. India and China restored ambassadorial relations in August 1976. Higher political level contacts were revived by the visit of the then External Af...