Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to hold bilateral meetings on the sidelines of the SCO summit in Tianjin, as both nations look to strengthen ties amid global trade tensions.
China's official media on Sunday criticised United States bomb attacks on Iranian nuclear sites as a further step toward the abyss, while experts in Beijing said the American bunker-buster bombs used in strikes may not be enough to destroy Iran's nuclear plants hidden deep underground.
India expects to see the bank established as soon as possible.
China should deepen its defence ties with India, as the agreement reached by the two countries to resume joint military exercises still represented a 'low level of cooperation', the official media said on Wednesday.
China is facing a competition, not with India, but between two ideologies within its own country.
Pakistan said on Tuesday that it had given a "blank cheque" to China to play a role in improving the Indo-Pak ties and it is for India to decide whether they would be comfortable with Beijing acting as a "third party".
India is said to be the most active party in the project
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
This is the first time such a bilateral dialogue focusing on Central Asia where the two countries have long and historical ties was held, reflecting deepening diplomatic engagement between the two neighbours even as they try to sort out friction resulting from recent reported incursions by Chinese troops along the Ladakh border
With Shanghai Cooperation Organisation set to admit India and Pakistan amid growing rancour over their Nuclear Supplies Group membership bid, a Chinese state-run daily expressed concern on Friday that the hostility between them may have a "negative effect" on the security grouping.
'Chinese pressure on Taiwan is unlikely to ease till Beijing feels that stability is being restored in the Sino-US relationship,' says former RAW officer Jayadeva Ranade.
Donald Trump is believed to be the first US President or President-elect to have spoken to a Taiwanese leader since 1979, when the US severed diplomatic ties with Taiwan after its recognition of the People's Republic of China, points out former RA&W officer Jayadeva Ranade.
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