India and China's Trade Ties with ASEAN Nations

Abstract

This paper provides the key details on China and India's and mysterious ties, their mutual ambitions in ASEAN nations, and numerous economic modes of cooperation. Economic relations between China and ASEAN have greatly grown with revenues from its trade change, trade liberalization, and economies' resources. India - ASEAN has regularly promoted stronger bilateral relations, foreign contacts, and global finance. China and India are two forces that are very challenging to establish: completion as well as cooperation, collaboration, and confrontation. However, China and India are seen as complementary nations to each other's position in ASEAN relations. They have such big political gaps that there is no hope of their differences being completely settled in the next decade. Despite their mutually advantageous economic ties, China and India remain two challengers. According to the knowledge gathered, ties between China and India are more characterized by combat than cooperation. However, there is still a great deal of room for partnership between India and China that has taken the two nations closer together.