China pledged investments worth $20 billion to India and the two neighbors signed more than a dozen agreements and committed to settling their contentious border disputes during Chinese President Xi Jinping’s maiden official visit to India, which began Wednesday and ends today.
Over the next five years, China promised to help India upgrade its rail system and put in place high-speed train corridors. It has also promised to invest in roads and two industrial parks in Gujarat and Maharashtra states, and to give more market access to products from India. The two nations called for better people-to-people ties and more cultural exchanges, dedicating 2015 as “Visit India” year in China and vice versa for 2016.
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