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India in no hurry to reach pre-Galwan level Chinese investment
The Sunday Guardian
|December 08, 2024
NEW DELHI Officials in India are in no hurry to return to preGalwan status with China regarding Chinese investments.
While both India and China are working towards normalizing their diplomatic ties, the process of rebuilding trust will take time and will be based on a cautious approach.
The 2020 Galwan Valley clash, which resulted in the deaths of 20 Indian soldiers, has profoundly shaped India's foreign and defence policies, leaving a lasting impact on bilateral relations. Officials have said that for the relationship to return to the pre-Galwan era will take considerable time.
The Galwan clash significantly shifted India's approach to China and served as a wake-up call for the Indian government. This “paradigm" shift will continue to influence India's strategies in the coming years, regardless of which party is in power.
One of the most significant shifts post-Galwan is India's cautious approach to Chinese investment, a stance that is unlikely to change anytime soon. This remains the case even as both sides have agreed to move forward from the June 2020 border standoff, which at one point saw soldiers from opposite sides staring at each other at the eye level.
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