'Both nations have a common problem: A rampaging, jingoistic and hostile China which is making substantial territorial claims. In the long run, Japan and India are going to be the victims of Chinese aggression -- so they might as well hang together to contain China,' argues Rajeev Srinivasan.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.