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Business News/ Home-page / Quick Edit | The China syndrome
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Quick Edit | The China syndrome

Quick Edit | The China syndrome

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As the world’s only victim of a nuclear attack, Japan’s stand against such weapons is morally unimpeachable. Only the strongest of imperatives would persuade it to dilute that stand in any way. But Japan is so apprehensive about China’s might that it wants to cultivate India and is prepared to make concessions on even this front.

Both countries will hasten negotiations aimed at reaching an agreement on a nuclear cooperation agreement that will permit Japanese companies to export technology and equipment to India.

Still, as with much else on the economic front, there is a great deal that India needs to do before it can catch up with China. Japan’s trade with China was about 23 times the value of its trade with India in the first six months of the year. Monday’s partnership agreement between India and Japan may go some way towards closing that gap.

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Published: 25 Oct 2010, 10:57 PM IST
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