In his address at the civic reception on Saturday in Lahore, Hu quoted a Chinese proverb saying that China may forsake gold but not friendship.
Stating this, Chinese Foreign Minister Yang Jiechie added that Hu held bilateral meetings with 12 foreign leaders at the G-8 summit in Germany, which boosted cooperation between nations concerned about international affairs.
The state visit of the Chinese President, Hu Jintao, beginning today is different from Obama's November trip to India, it added. "It (Hu's US visit)'s a little different than our trip to India, in the sense that the economic relationship that we have with the Chinese is different on a scale with what we do with India," said Robert Gibbs.
Menon said there is a large degree of congruence or identity of views between China and India.
Seeking to build on the "great cooperation potential" between India and China, President Hu Jintao has told Prime Minister Manmohan Singh that it is Beijing's "unswerving policy" to develop bilateral ties and deepen strategic cooperation.
Chinese President Hu Jintao on Thursday proposed five steps, including trade liberalisation and trade expansion and diversification between India and China, to solidify mutual relationship.
Prime Minister Manmohan Singh and Chinese President Hu Jintao met in Sanya on Wednesday, with the Indian leader conveying the intention to expand cooperation in all areas and strengthen the strategic and economic partnership.
Chinese President Hu Jintao on Friday said his country placed "importance" to friendly ties with India.
Human Rights Watch said India's respect for Tibetans' human rights have long distinguished its conduct with China.
China on Thursday said it will speed up modernisation of military and build itself into a 'maritime power', an announcement which may cause anxiety in India and some other neighbours of the Communist giant.
In written responses to questions from The Washington Post and The Wall Street Journal published on Monday, Chinese President Hu Jintao insisted that his country believes in the principle of peaceful co-existence, as he prepared to meet his counterpart Barack Obama at the White House next week.
Chinese President Hu Jintao on Friday got the backing of the country's powerful military for his call to retain the supremacy of the Communist Party over the army, measures to speed up defence modernisation and the war against corruption.
Tapir Goan, Bharatiya Janata Party member of parliament from Arunachal Pradesh, has decribed the talks between Prime Minister Manmohan Singh and visiting Chinese President Hu Jintao as meaningless.
Chinese President Hu Jintao has warned the United States to keep away from Tibet or else bilateral ties would be greatly affected, a day after his American counterpart Barack Obama asked him to talk to representatives of the Dalai Lama to resolve the issue.
China's new leader in waiting, Xi Jinping will have a surprise head-start to emerge as the most influential leader, as outgoing President Hu Jintao has reportedly decided to step down from all posts including the all-powerful post of the military chief.
While United States President Barack Obama is expected to announce trade deals worth $10 billion with India, Chinese President.Hu Jintao has already signed trade deals worth $20 billion with French President Nicholas Sarkozy during his visit to the European nation.France also sought China's help during the upcoming G20 summit that will be held from Seoul from November 13. The two leaders also reportedly discussed reforms in the international monetary system.
Russia is the first stop on Hu's four-nation trip and he is seeking to use his debut on the world stage to repair China's battered image after its cover-up of the SARS outbreak.
A release from White House said Obama held in-depth, productive and candid discussions on the US-China relations and other issues of mutual interest.
Xi Jinping was on Thursday appointed the new general secretary of China's ruling Communist Party of China in a smooth power transition that ushered in a fifth generation of leaders to steer the world's second largest economy over the next decade, ending the 10-year reign of President Hu Jintao.
"China welcomes and supports improvement in relations between India and Pakistan," he said.
D S Rajan analyses the outgoing Chinese president's keynote address to the once-in-a-decade Congress and his take on corruption, foreign policy and political reforms
Ahead of Chinese President Hu Jintao's visit, Beijing is vigorously pushing New Delhi to sign a bilateral free trade agreement and grant 'market economy' status to the Communist trading giant.
As Chinese President Hu Jintao arrives in Washington, DC, to begin his four-day state visit, senior analyst B Raman takes a closer look on the attempts to redefine the relations between the two most powerful nations in the world.
Prime Minister Manmohan Singh on Thursday met Chinese President Hu Jintao and discussed the entire gamut of bilateral issues, particularly trade and investments.
Rediff.com's Editor-in-chief Nikhil Lakshman, who is traveling with Prime Minister Manmohan Singh to the BRICS summit in the Chinese town of Sanya, offers an insight into what the Indian delegation can expect during the visit
The heads of state, major religious figures, entrepreneurs and outlaws on the second annual list were chosen "because, in various ways, they bend the world to their will."
Chinese President Hu Jintao's exit from the G-8+5 summit to return home to deal with rioting in Xinjiang is considered a setback to the summit at L'Aquila in Italy.
Tibetan activists protest Hu Jintao's visit
Chinese President Hu Jintao officially launched the Beijing Olympic torch relay on Monday at Tiananmen Square.
Chinese Vice-President Xi Jinping was on Monday promoted and made vice-chairman of the powerful Central Military Commission of the ruling Communist party, in clear indications that he will succeed Chinese President and party chief Hu Jintao in 2012.
Several bilateral economic agreements were expected to be signed on Thursday.
Purged Chinese leader Bo Xilai ran a sophisticated bugging system that did not even spare his party boss and President Hu Jintao and this led to his downfall, the New York Times reported on Thursday.
Hu, also general secretary of the ruling Communist Party of China, will attend the multilateral meeting of leaders of five developing countries -- India, Brazil, China, Mexico and South Africa on June 8.
Mohan Guruswamy, chairman of the Centre for Policy Alternatives, New Delhi, on the Indo-China relations.
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