China, India | featured news

Indeed, he suspects that "New Delhi's emphasis on China is more about slighting Pakistan than competing with China." China is already modernising its own nuclear-armed medium- and intermediate-range missile systems that could be used to target India. But as Taylor Fravel notes, "India and China have similar nuclear doctrines, as both emphasize no first use and achieving deterrence through development of a secure second-strike."

India announced plans Wednesday to test launch a new long-range missile, capable of carrying a nuclear warhead as far as the Chinese capital Beijing for the first time. Officials and defense experts said if the tests of the Agni-V missile proved successful, it would mark a significant improvement in India’s nuclear deterrent capability, and would strengthen its hand in a hostile neighborhood, sandwiched between nuclear-armed rivals Pakistan and China.

The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian crude oil, but left Iran's top customers China and India exposed to the possibility of such steps.

China, India and Japan are planning cuts of at least 10 percent in Iranian crude imports as tightening U.S. sanctions make it difficult for the top Asian buyers to keep doing business with the OPEC producer.

China said on Friday it would send a senior official to Tehran to discuss Iran's nuclear standoff with the West, and India indicated it would also weigh in, as Asia's two giants seek to head off new sanctions already playing havoc with trade.

As his global teleconference broke up in disarray on September 11, 2001, a top economist at a U.S. investment bank began to ponder what the attacks on the United States might tell him about the future shape of the world.

Measuring the country’s economic development against that of China seems to be a national obsession in India, but the rivalry seems to be largely one-sided.

India overtakes China to become the world's largest importer of arms, a Sweden-based think tank says.

Asia-Pacific millionaires are collectively worth more than their European counterparts for the first time, with the rich in China and India leading the way, a study said Wednesday.

Seven coaches of one of India's most prestigious passenger trains derailed Tuesday after Maoists rebels bombed the railway line, police said.