Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to meet near Chennai in Mamallapuram for an informal summit on Friday
Business Standard: More than a thousand Chinese companies have invested $8 billion in India and created 200,000 local jobs, and they must get a “more fair and friendly” business environment, said Beijing’s ambassador to New Delhi on Tuesday.
India and China should resolve disputes peacefully through dialogue, said Sun Weidong days before Prime Minister Narendra Modi and Chinese President Xi Jinping meet near Chennai in Mamallapuram for an informal summit. “China encourages Chinese companies to invest in India and hopes that India will provide a more fair, friendly and convenient business environment for Chinese companies to operate in India,” he said in an interview to PTI.
“At the regional level, we should resolve disputes peacefully through dialogues and consultations and jointly uphold regional peace and stability,” he said. Mamallapuram, an ancient coastal town, is being prepared the summit, but both sides are yet to announce the dates for Xi’s visit. It is learnt that he will arrive in Chennai on Friday for a nearly 24-hour long trip, reported PTI.
Ties between the two countries strained when India scrapped Jammu and Kashmir’s autonomy and bifurcated the state into two Union territories. China criticised India’s decision and its Foreign Minister Wang Yi raised the Kashmir issue at the UN General Assembly last month…
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