Modi-Xi informal summit in Chennai, Mahabalipuram: Calling the informal summit a "good idea", Chinese President Xi Jinping said he had a "heart to heart" conversation with PM Modi on the issue of bilateral ties.
Addressing the 100-day press conference of the Ministry of External Affairs, External Affairs Minister S Jaishankar said: “We did not have a skirmish, I want to be very clear I think there was what we call a face-off. It was resolved.”
While it is the fourth time in ten years that China has stalled such proceedings, India in response to China’s actions late on Wednesday night said that it was “disappointed” by the outcome but would continue to pursue all available avenues.
“The days when India believed that South Asia was its primary sphere of influence and that it could prevent other powers, such as China, from expanding its own clout are long gone,” a senior government official told The Indian Express.
'For the past several years, India and China have been important engines of regional and global economic growth. In 2017, India and China were responsible for almost half of global growth,' Tao Zhang, IMF Deputy Managing Director, said.