business ๐ค India-China chill is about supply chains, not peace
India and China held talks in New Delhi regarding border issues, signaling a thawing of relations after past tensions. Officials met on August 6th, with recent disengagement deals clearing spots at Depsang and Demchok. Despite this, India imports nearly $132 billion in goods from China, much of it being industrial machinery. The new strategy is selective access, allowing Chinese tech in while building domestic alternatives. This pragmatic approach balances immediate needs with long-term self-reliance goals. ๐ค