News Snapshot:
China is open to letting Indian goods enter its market, China’s ambassador to India, Xu Feihong said on Thursday in a major remark that could change the business ties between the two Asian neighbours. He said together, India and China can partner in different areas to produce an effective “1 plus 1, bigger than 2”. “…We welcome all Indian commodities to enter the Chinese market…” the Chinese envoy said, adding that “they (India and China) are partners and not rivals”. Xu said that there is a need for the two Asian countries to strengthen their mutual trust, and avoid suspicion....