Yesterday, we woke up to the news about India and China agreeing to “pull back” from the brink of their 3,500 KM long border and return to the status quo that existed before 2020. Mind you, this was no ordinary breakthrough, considering that India and China have been in a Himalayan standoff for the last four years, to the extent that many on both sides feared it would lead to an all-out war between the two nuclear-armed neighbours. Indeed, this “thaw” which was the “meat” of the Modi Xi meeting yesterday is a game changer, if it does lead to the agreed-upon KRAs (in corporate lingo) or Key Result Areas.
The Indo-Chinese “Thaw” Is “Smart” Diplomacy And Good Geoeconomics
The reason I used a metaphor from the corporate world is that a Bloomberg News article the “intense” backroom pressure on Modi from Indian CEOs to “ease off” on China, as business was impacted due to sanctions, restrictions, and tightening of rules as far as Chinese investments in India were…
