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Modi, Xi Hold BRICS Talks as India-China Ties Thaw — SkimNews

By Straits Times Asia · Summarized & edited by · 2026-09-12
Modi, Xi Hold BRICS Talks as India-China Ties Thaw

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Why it matters: India's $132 billion import dependence on China — covering over 100 products deemed critical to domestic factories — creates a structural tension with New Delhi's national-security restrictions on Chinese investment in finance, defence, and telecom. Easing visa and procurement bottlenecks helps Indian manufacturers, but the military standoff and Pakistan-linked complications remain unresolved.

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