Benefiting from Chinese FDI

India and China are currently holding their first-ever Strategic Economic Dialogue (SED). This is along the lines of a similar dialogue between the US and China, and to that extent, is a Great Powers powwow. One is on the verge of Great Power status; the other is just a seeker. One projects hard power and membership of the United Nations Security Council (UNSC); the other is the soft-power mascot, knocking on UNSC’s door.

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