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Modi will be flexible, problematic: Chinese daily

Beijing: Narendra Modi, widely tipped to be India's next prime minister, may show flexibility in economic ties with China but also "create new problems", a Chinese daily said Wednesday.“Modi ... is expected to present a

IANS Updated on: May 14, 2014 17:59 IST
The article cited Fu Xiaoqiang, a research fellow with the China Institutes of Contemporary International Relations, as saying that “judging from Modi's governance in Gujarat, he places emphasis on infrastructure development, attracting investment and the establishment of special economic zones”.

"Economic development and improving people's livelihoods are expected to be high on his agenda once he is elected prime minister," Fu was quoted as saying.

"There is the possibility that he will expand Sino-India economic and trade cooperation and seek more Chinese investment."

According to the Chinese government data, India's trade deficit reached $31.4 billion against China in 2013.

Hu Zhiyong, a research fellow with the Institute of International Relations at the Shanghai Academy of Social Sciences, said this imbalance could not be reversed in the short term.
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