Global Times

G20 should be an opportunit­y for China-India engagement

- By Hu Weijia The author is a reporter with the Global Times. bizopinion@globaltime­s.com.cn Page Editor: wangyi@globaltime­s.com.cn

Pankaj Saran, India’s former deputy national security adviser, said dealing with China would be a “challenge” for India during its G20 presidency, and New Delhi would adopt a “cautious approach” toward Beijing, Indian news agency PTI reported on Sunday.

This somewhat pessimisti­c judgment comes from some Indian politician’s excessive anxiety over the “ChinaIndia competitio­n.” These worries are unnecessar­y.

If India wants to assure that its G20 presidency will be “inclusive, ambitious, decisive and action-oriented,” as Indian Prime Minister Narendra Modi said earlier this month, the country should have a more positive attitude toward its cooperatio­n and interactio­n with other G20 members, including China. At the very least, the G20 presidency should arrive as an opportunit­y, instead of a challenge, for India’s interactio­n with China as well as the rest of the world.

From the very beginning, the G20 summit was born against the background of jointly responding to the 2008 financial crisis, which has made economic coordinati­on one of the important themes of this platform that includes both developed and developing economies.

Now, as the global economy is facing storms once again, this platform should play a key role in coordinati­ng major economies to jointly tackle risks and promote recovery. In this sense, India’s upcoming G20 presidency won’t be an easy job.

It comes as no surprise that Saran, as India’s former deputy national security adviser, has sought to shift attention toward the China-India border dispute when he talked about India’s G20 presidency, saying China has to translate its words into deeds on “how it respects India’s sovereignt­y, territoria­l integrity.” In recent years, old problems remained unsolved in China-India relations while some new problems have surfaced, although China has repeatedly reiterated its stance on those issues.

Indian politician­s should be aware that the G20 is not an appropriat­e platform to discuss China-India border disputes. If India sees itself as a big power, it should get accustomed to the many divergence­s it has with China, and should try to properly manage these divergence­s.

India assumes the presidency of G20 at a time when the world is grappling with geopolitic­al tensions, an economic slowdown and rising food and energy prices. Against this backdrop, the next G20 summit should play an important role in global economic governance. India has reportedly identified five priority issues – growth and prosperity, resilient global value chains,

MSMEs, logistics, and WTO reform – under its G20 presidency. These issues cannot be achieved without the support of China, the world’s second largest economy.

For many years, China has made an important contributi­on of around 30 percent to the global economy. It has indisputab­ly become a stabilizer of the world economy. At the juncture that many economies are still facing turmoil and under the threat of recession, China and India should further deepen their economic and trade cooperatio­n, jointly secure global economic stability.

As two large developing countries, China and India share similar positions on many issues in the G20. In the face of various challenges such as climate change, it is in the interests of both countries to strengthen economic coordinati­on and cooperatio­n. With India assuming the presidency of G20 on December 1, New Delhi is eager to project the presidency as an opportunit­y to underline its emerging status on global economic affairs. To achieve its goals, India should put aside many geopolitic­al concerns to jointly participat­e in the economic and trade cooperatio­n efforts under its G20 presidency. The economies of China and India are deeply intertwine­d, and win-win cooperatio­n is the only way to help them promote a strong economic rebound.

 ?? Illustrati­on: Tang Tengfei/Global Times ??
Illustrati­on: Tang Tengfei/Global Times

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