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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: jrhana who wrote (30765)	11/13/2003 11:07:21 PM
From: TobagoJack	Read Replies (1) of 74559

Hello John, following up on this thread <<China allied with India? How long can that last>> ... ... at some point we may have to ask 'how far can it go'? India and China in naval history news.bbc.co.uk India and China are preparing to hold their first ever joint naval exercises in a sign that ties between the two countries are warming. Three Indian warships as well as aircraft and helicopters will take part in the exercises starting on Friday. The three ships with 672 sailors abroad have already arrived at a Chinese dock, according to the AFP news agency. The ships will carry out search and rescue missions with the Chinese navy on the South China sea. The exercise is aimed at ensuring the safety of maritime trade and improving search and rescue coordination at sea, an Indian defence ministry official told the BBC. 'Landmark' "It's a landmark. Both countries have good relations and we want to enhance it further," said a senior Indian diplomat quoted by AFP. This is only the second time ever that China's People Liberation Army Navy (PLAN) is conducting a joint exercise with another navy. The first one was conducted with Pakistani war ships off the coast of Shanghai recently. China and India fought a border war in 1962. But the two countries have been recently seeking to settle their border dispute and expand trade and investment. Indian Prime Minister Atal Behari Vajpayee visited Beijing earlier this year and held talks with Chinese leaders.

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