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28 Sep, 2011

Asian powers start key dialogue – chinadaily.com.cn

BEIJING – China and India launched a Strategic Economic Dialogue on Monday in a sign that both Asian powers are seeking closer economic ties despite differences over issues such as South China Sea disputes.

Analysts said that the dialogue will strengthen economic development and their sway over international affairs, such as the European sovereign debt crisis.

“A closer economic relationship between China and India will not only have a profound effect on our two countries, but also boost the confidence of developing countries as a whole,” said Zhang Ping, minister of the National Development and Reform Commission, at the dialogue’s opening ceremony.

via Asian powers start key dialogue|Politics|chinadaily.com.cn.