Interestingly, the Congress party is now desperately raking up the China issue in a bid to project the Modi government's approach towards China as 'weak'. However, the party and its prince Rahul Gandhi have on several occasions expressed their admiration for China openly.
As per reports, China’s ambassador to South Africa Chen Xiaodong told while speaking to the media, "I am confident that as two nations, two countries, we will have direct talks, direct meetings. I cannot say there is tension between us, but as neighbouring countries we have many common interests at the same time we have some problems."
One after another, the companies began to crumble as they could not pay their bills. More than 50 Chinese property developers have defaulted or failed to make debt payments in the last three years, NYT reported citing credit ratings agency Standard & Poor’s.
The Wall Street Journal on Saturday reported that investors fearing a 'Lehman moment' in China are threatening the solvency of the country's financial system.
“Our heartful appreciation to @IndiaCoastGuard for the timely and professional medical evacuation of a Chinese citizen in the Arabian Sea off Mumbai,” tweeted the Chinese Embassy in India.