The second round of the India-China Strategic Economic Dialogue, held in Delhi today, is expected to generate a preliminary agreement to explore Beijing’s participation in the long overdue modernisation of Indian railways. India is said to be considering three major areas for collaboration with China — the development of high-speed rail networks, expansion of heavy freight haulage and the upgrading of major train stations. In all these fields, India is a laggard and can help itself by opening the door to the new world leader, China. Beijing has the money, technology, expertise and experience to accelerate the transformation of Indian railways.
Read Full Article »
