India and China Announce Trade Deals

By Jieying Ding

India and China have announced a serious of trade deals aimed at boosting economic growth in both countries. According to the Guardian, China will invest billions in railways, industrial parks and even nuclear power over the next five years in India. Trade between India and China has increased rapidly over the last decade, reaching around $70 billion a year. However, border disputes still overshadow the economic ties between China and India.