Subscribe free to our newsletters via your
. GPS News .




TRADE WARS
Indian PM Modi leaves for China with trade on mind
by Staff Writers
New Delhi (AFP) May 13, 2015


Indian Prime Minister Narendra Modi on Wednesday left for China on an official visit focused on boosting trade ties between Asia's rival superpowers and setting aside their historic mistrust.

Modi's office tweeted a picture of him waving from an Air India plane, marking his departure for the three-day trip to China, his first as premier.

After arriving in the ancient city of Xian, Modi will head to Beijing and the financial hub of Shanghai, seeking to deliver on election promises for foreign investment in India's crumbling rail and other infrastructure.

Ahead of his trip, Modi said he firmly believed "this visit to China will strengthen the stability, development and prosperity of Asia".

"I am confident my visit will lay the foundation for further enhancing economic co-operation with China in a wide range of sectors," he wrote on Twitter last week.

China is India's biggest trading partner with two-way commerce totalling $71 billion in 2014. But India's trade deficit with China has soared from just $1 billion in 2001-02 to more than $38 billion last year, Indian figures show.

Ties between China and India have long been strained over a border dispute stemming from a brief, bloody war the two nations fought in 1962.

After China, Modi will head to Mongolia and South Korea.

Modi led his Hindu nationalist Bharatiya Janata Party to a crushing victory last May on a promise to revive India's flagging economic fortunes.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Trade with Cuba on Russian radar
Moscow (UPI) May 8, 2015
Trade and economic cooperation with Cuba, formerly on the Russian oil radar, topped the agenda of Kremlin meetings, a Russian government spokesman said. Cuba is opening its doors more for Western powers after a long Cold War policy of isolation from the United States. For Russia, which in part triggered the freeze in the early 1960s, the visit was part of a historic trade relationship i ... read more


TRADE WARS
Fungi enhances crop roots and could be a future 'bio-fertilizer'

Startup turns old shipping containers into farms

Simulating seasons

Norway plans to slash subsidies to fur farms

TRADE WARS
New chip architecture may provide foundation for quantum computer

Improving organic transistors that drive flexible and conformable electronics

Two-dimensional semiconductor comes clean

Defects in atomically thin semiconductor emit single photons

TRADE WARS
Black boxes of crashed A400M plane found, aircraft grounded

France, India pledge swift conclusion to fighter jet deal

Touch sensors on bat wings guide flight

Airbus DS, Cisco partner in key business areas

TRADE WARS
Google self-driving cars not crash-proof

Tesla to adopt domestic charging standards in China

China auto sales down 0.5% in April: industry group

Japan's Toyota, Mazda eye green alliance: report

TRADE WARS
Chinese Premier Li to visit South America: Beijing

Trade with Cuba on Russian radar

Chinese turn Paris suburb into Europe's biggest fashion market

China April exports down 6.4% in new sign of weakness

TRADE WARS
Citizen science helps predict spread of sudden oak death

Forests could be the trump card in efforts to end global hunger

Forest canopies buffer against climate change

Partially logged rainforests emitting more carbon than previously thought

TRADE WARS
Volcano Loki observed from Earth

NASA Aids Response to Nepal Quake

Dull forest glow yields orbital tracking of photosynthesis

MOU between ISRO Department of Land Resources to beef up EO capacity

TRADE WARS
Chemists strike nano-gold with 4 new atomic structures

New technique for exploring structural dynamics of nanoworld

Nanotubes with 2 walls have singular qualities

Happily ever after: Scientists arrange protein-nanoparticle marriage




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.