Keeping China out of railways sector is bad for India, says Chinese daily - News Summed Up

Keeping China out of railways sector is bad for India, says Chinese daily


"India actually needs China more than China needs India in the arena of steel rail manufacturing and train technology," it said. "However, this doesn't mean it is in India's best interest to bar China from entering into partnerships on other bullet train projects. "The daily advised India to a have a "sober look" at China if it wanted to revamp its rail network or bring high-speed trains. "China has in recent years ramped up efforts to export its high-speed rail technology worldwide, earning the economy a new name card. "It said India was protectionist as it imposed anti-dumping duties on certain Chinese steel products for six months last year.


Source: Economic Times March 28, 2017 09:43 UTC



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