Modi and Xi meet in New Delhi, pledge to manage differences and boost trade ties
Indian PM Modi and Chinese President Xi met on the sidelines of the BRICS summit in New Delhi, emphasizing that differences should not become disputes and discussing trade and supply chain issues. This marks a continued effort to stabilize bilateral relations after the 2020 border clashes, though no concrete agreements were announced. The meeting signals a potential thaw in relations, but the lack of specifics leaves the trajectory uncertain.
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China-India Bilateral Thaw at BRICS Summit
Chinese President Xi Jinping's visit to India for the BRICS summit, his first since 2019, confirms a deliberate effort by Beijing and New Delhi to reset bilateral relations. Xi and Indian PM Modi held a bilateral meeting, signaling a cautious thaw in ties after years of border tensions, though concrete agreements remain unspecified. The durability of this rapprochement and specific outcomes on border resolution and trade are uncertain.
BRICS Summit: India-China Thaw, De-dollarization Push, and Ukraine Mediation
The BRICS summit in New Delhi is characterized by a significant thaw in India-China relations, marked by Xi Jinping's first visit since 2019 and bilateral meetings with PM Modi to address border disputes and boost trade. Concurrently, the bloc is consolidating efforts to counter US influence through de-dollarization and expansion, with Russia deepening economic ties with India. Confidence in these developments is Medium-High, though concrete outcomes on border agreements and de-dollarization remain uncertain.