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Pakistan tensions loom over India-China Strategic Economic Dialogue
Nyshka Chandran | @nyshkac
22 Mins AgoCNBC.com
Pakistan may not be officially included in this year's round of talks between India and China, but it's certainly high up on the agenda.
The world's number two economy has so far attempted to remain neutral amid the current geopolitical crisis in Kashmir, where New Delhi and Islamabad have revived a decades-old territorial conflict. But as the fourth annual India-China Strategic Economic Dialogue (SED) begins in New Delhi on Thursday, Beijing could intervene further.
Lintao Zhang | Getty Images
Chinese President Xi Jinping shakes hands with Indian Prime Minister Narendra Modi to the G20 Summit on September 4, 2016 in Hangzhou, China.
China may lean on India to moderate tensions in the disputed Himalayan region, Nicholas Consonery, senior Asia-Pacific director at advisory firm FTI Consulting, told CNBC's "The Rundown."
While Beijing has historically maintained a deeper alliance with Islamabad, the mainland calls itself a close friend to both Southeast Asian nations. In a press conference on Friday, Chinese foreign ministry spokesperson Geng Shuang said his country remained a friendly neighbor to both India and Pakistan and called on the two sides to exercise restraint and avoid further tensions.
The nuclear-armed rivals exchanged more fire across their de-factor border in Kashmir—known as the Line of Control—on Wednesday, after Indian military officials said they conducted "surgical strikes" inside Pakistan-controlled Kashmir last week. Prime Minister Narendra Modi's administration had accused Islamabad of attacking an Indian army base in the conflicted zone last month, but his counterpart Prime Minister Nawaz Sharif has denied the claims.
The India-China dynamic has certainly become testier than before, C. Raja Mohan, Carnegie India director at the Carnegie Endowment for International Peace, said.
There's a sense in New Delhi that China had not been supportive when it cames to India-Pakistan tensions, while China believes Delhi is growing too close to Washington, so it's using Pakistan as leverage, he told CNBC's "Squawk Box Asia."
The geopolitical triangle is further entangled by reports out this week that the Shanghai Stock Exchange is eyeing a 40 percent stake in Pakistan's main bourse.
Nyshka Chandran | @nyshkac
22 Mins AgoCNBC.com
Pakistan may not be officially included in this year's round of talks between India and China, but it's certainly high up on the agenda.
The world's number two economy has so far attempted to remain neutral amid the current geopolitical crisis in Kashmir, where New Delhi and Islamabad have revived a decades-old territorial conflict. But as the fourth annual India-China Strategic Economic Dialogue (SED) begins in New Delhi on Thursday, Beijing could intervene further.
Lintao Zhang | Getty Images
Chinese President Xi Jinping shakes hands with Indian Prime Minister Narendra Modi to the G20 Summit on September 4, 2016 in Hangzhou, China.
China may lean on India to moderate tensions in the disputed Himalayan region, Nicholas Consonery, senior Asia-Pacific director at advisory firm FTI Consulting, told CNBC's "The Rundown."
While Beijing has historically maintained a deeper alliance with Islamabad, the mainland calls itself a close friend to both Southeast Asian nations. In a press conference on Friday, Chinese foreign ministry spokesperson Geng Shuang said his country remained a friendly neighbor to both India and Pakistan and called on the two sides to exercise restraint and avoid further tensions.
The nuclear-armed rivals exchanged more fire across their de-factor border in Kashmir—known as the Line of Control—on Wednesday, after Indian military officials said they conducted "surgical strikes" inside Pakistan-controlled Kashmir last week. Prime Minister Narendra Modi's administration had accused Islamabad of attacking an Indian army base in the conflicted zone last month, but his counterpart Prime Minister Nawaz Sharif has denied the claims.
The India-China dynamic has certainly become testier than before, C. Raja Mohan, Carnegie India director at the Carnegie Endowment for International Peace, said.
There's a sense in New Delhi that China had not been supportive when it cames to India-Pakistan tensions, while China believes Delhi is growing too close to Washington, so it's using Pakistan as leverage, he told CNBC's "Squawk Box Asia."
The geopolitical triangle is further entangled by reports out this week that the Shanghai Stock Exchange is eyeing a 40 percent stake in Pakistan's main bourse.
