It was all about economy and nothing to do with bilateral relations. India is a huge market and Chinese are well aware that, for them to expand further, it is not enough to have an American or European market alone. We are a growing economy with a sizeable population of well to people who have the capacity to spend and thus add to the consumerism as in the West which alone propels the economy. Look at our auto market, telecom, mobile, power sector. They are all on the verge of furter explosion and Chinese need to capture the Indian demand which can be done only if the Chinese companies are able to establish shop in India or have collaboration with the big honchos of our industry. Remember Anil's multibillion dollar contract for power station equipment. More will be in the offing. Wen Jiabao is an enonomist and a student of realism who escaped the wrath of Deng Xiaping and yet able to rise to this level. Infact, he is seen as the modern driver of the Chinese economic expansion and ther ...more

He just walked out w/ a pile of business contracts, and purchase orders. None of our pending issues w/ China were even discussed by our lameduck govt.

It's not so easy to do this by our present PM.