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China Rising: Ministries work on action plan

India has prepared a draft “action plan for China” to strategically counter the increasing economic clout of its Asian rival. The five-pronged strategy seeks to: get China to invest and produce in India, not just trade; raise duties on products where India is not dependent on it; create non-tariff barriers where dependence is high; ensure Chinese state-owned procurement agencies buy in bulk from Indian companies; and leverage the huge domestic market to gain access to Chinese markets, at least in areas where India has significant strengths.

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