Comment on Xi's India visit highlights changing power dynamic

Xi's India visit highlights changing power dynamic

BEIJING (AP) — Chinese President Xi Jinping's trip to India this week highlights subtle shifts in the regional power dynamic that are bringing warmer ties between the two Asian giants, challenging China's traditional relationship with Pakistan, and opening a new chapter in Beijing's ongoing competition for influence with arch-rival Japan. With the world's second-largest economy and a proven track record at building highways, railways, and industrial zones, China has much to offer India as it seeks to upgrade its creaky infrastructure. Xi's visit "will definitely enhance the bilateral political mutual trust," Chinese Assistant Foreign Minister Liu Jianchao told reporters in Beijing last week. Modi spoke repeatedly to top Chinese officials in the first weeks of his administration, and during a recent visit to India, Chinese Foreign Minister Wang Yi described the new relationship as "the emerging tip of a massive buried treasure." For Modi, boosting trade and foreign investment is critical to making good on his campaign promise of creating jobs for the 13 million young Indians entering the labor market each year. In light of that visit, Xi is expected to make investment pledges matching or exceeding the $35 billion Modi received in Japan — a sign of how Modi has been able to leverage the rivalry between China and Japan to maximize gains for India.

 

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