Abstract:

India and China are rising giants of Asia. Both are world’s most populous countries and fastest growing major economics. The far-reaching growth in China and India’s global diplomatic and economic influence has also enhanced the significance of their bilateral relationship. China and India are two of world’s oldest civilizations and have co-existed in peace for millennia. Both countries have effectively tried to reignite cultural, diplomatic and economic ties. China has emerged as the largest trading partner of India and two countries have tried to expand their strategic and military relations. The economic relation between two countries is considered to be one of the most significant bilateral relations in the current global economic scenario and this trend is expected to go on in the years to come.