Can Beijing and New Delhi’s interests converge?

• While most Chinese scholars and critics received the dialogue positively, believing it may thaw the atmosphere and propel the bilateral relations into a new era, their Indian counterparts turned out to be rather pessimistic - if not cynical, quoting the "unsolved" issues regarding India's NSG bid as well as the UN ban on JeM chief Masood Azhar.

• First, China and India both receive a large dividend from each other's economic development via optimizing their capital, entrepreneurship, and market and resources endowment.

• Second, as a result of such rises, both China and India want to see the unipolar world order replaced by multipolarity, in which each of them can play a larger role and command an effective sphere of influence that is more proportional to their sizes.

• Recent history of the Sino-US relations since the waning years of the Cold War sheds much light on how India may maximize its interests by restructuring its tie with China.

• In this regard, lowering expectation and situating the bilateral ties in a greater historical-strategic context certainly helps India to better tap any opportunities China brings to the table, like the Bangladesh-China-India-Myanmar (BCIM) economic corridor.

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