Both the countries have increased prices of gas recently.
If prices remain low the next decade might well see global trade stagnate.
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
Chinese President Xi Jinping has suggested five thrust areas to improve relations with India. It is likely all these issues, in addition to the points raised by Xi at Fortaleza, will be part of the joint declaration at the end of his visit to India, says Srikanth Kondapalli.
Here's your weekly digest of the most weird, true and funny news from the across the world.
'As the first leaders of their respective countries born after Indian Independence and the Chinese Liberation, Modi and Xi would be expected to have the ability to overcome the traditional mindsets and the hierarchical nature of their official/bureaucratic establishments,' say Alka Acharya and Jabin T Jacob.
