TODAY -
The Dragon's handshake
Hindustan Times | Subir Bhaumik | New Delhi, July 11, 2013
The Kolkata-Dhaka-Sylhet-Imphal-Moreh-Tamu-Mandalay-Muse-Yunnan route is what the Chinese are keen to turn into a BCIM ‘international highway’. Once the highway system is in place, the Chinese will propose setting up trading entrepots and industrial zones along it. This could then be followed by Chinese investments, if Delhi allows it, in the Kolkata-Amritsar growth corridor that the PM is keen to develop. If Japan is keen on the Delhi-Mumbai corridor, the Chinese will look at the Amritsar-Kolkata corridor and the BCIM corridor.
This is Li Keqiang’s idea of greater integration between the world’s second and third largest economy for a new order in trade and commerce. The BCIM is at the core of this vision.
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* This Post is uploaded on July 12, 2013
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