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India ASEAN ties can benefit region: China
Context
China on Thursday cautiously welcomed India’s invitation extended to the heads of ASEAN and offered Beijing’s “constructive” participation for promoting the overall development of the region
China’s views
- China is open to all countries developing friendly relations. So, we are okay with India developing friendly and cooperative relations with ASEAN countries
- China and India share a lot of common interests. China would like to enhance coordination and cooperation with all countries including India to steer the economic globalization towards benefiting world economic growth and well-being of all countries
China & ASEAN
China’s ties with ASEAN have been on the upswing with trade expected to reach $1 trillion by 2020. India’s trade with ASEAN in 2016-17 stood at $70 billion