Ties between India and China witnessed a thaw in 2024, with both sides pulling back some troops from flashpoints along their border. But analysts say mistrust between the Asian giants will pose a challenge to restoration of friendly ties. Analysts also believe the India-China rapprochement will not affect India’s strategic cooperation with the United States. From New Delhi, Anjana Pasricha has a report.
Analysts say India has backed away from supporting the creation of a shared currency among BRICS members and is moving toward promoting trade with the Indian Rupee — developments that happened soon after U.S. President-elect Donald Trump threatened 100% tariffs on the economic bloc should it move toward replacing the dollar. Anjana Pasricha has more in this report.