I found this gem on Truth Out.
New Delhi – India and China announced a new “strategic partnership” Monday, pledging to resolve long-standing border disputes and boost trade and economic cooperation between two rising powers that together account for more than a third of the world’s population.
The prospect of a more cooperative relationship has significant global implications, given the vast economic potential of India and China and their voracious appetites for energy and other natural resources.
“India and China can together reshape the world order,” Singh said at a ceremony welcoming Wen to India’s presidential palace.
On a practical level, the two governments agreed to a framework for addressing long-standing differences over their 2,175-mile border, promising to resolve the dispute through “peaceful and friendly consultations.” They also signed agreements on trade, economic cooperation, technology sharing, civil aviation and other matters.
As a goodwill gesture, China formally abandoned its claim to the tiny Himalayan province of Sikkim, presenting Indian officials with a map showing the area as part of India. Chinese officials also delighted their hosts by pledging explicitly, and for the first time, to support India’s bid for a permanent seat on the U.N. Security Council, Indian and Chinese officials said.
Between manufacturing and computer hardware in China, services and software in India, this could be a very big deal. Not to mention China’s obvious interest in becoming a major world player politicaly, its huge trade deficit with the U.S., and China purposely under valuing their currency. I think things are going to get interesting in the arena of world affairs. Remember the Ancient Chinese curse; may your life be interesting.