'Both Modi and Xi know that if all that there is to show for Modi's visit -- barely eight months after Xi's India trip -- is a repeat of the same old declarations, there will be a terrible sense of letdown in the public mood resulting in future summits losing credibility. Only the possibility of new ground being broken can justify Modi's trip at this time,' says B S Raghavan.
The greatest challenge before India is how to strike a fine balance of its relationship between its neighbour and strategic rival China, and the US.
Admiral Samuel J Locklear III, Commander of the US Pacific Command, has not ruled out militants fighting in Afghanistan today switching their attention back to Kashmir post-US and NATO withdrawal of its troops from Afghanistan, and expressed concern over the recent terrorist attacks across the Line of Control that has exacerbated tensions between India and Pakistan.
North Korea is unlikely to strike first, but its response in retaliation, if attacked, could be massive even at the expense of its own destruction, says Rajaram Panda.
'It's hard to call whether the Indian markets will go through a time or price correction.' 'There could be a swift 5 to 10 per cent fall in the market in the next two months or there could be a gradual fall and six months sideway movement.' 'Eventually, I think there will be a bit of both.'
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
'China made it evident that neither the swing-ride at Ahmedabad nor the red carpet at New Delhi worked, by timing its muscle-flexing in Ladakh to coincide with Xi's visit.'
Prime Minister Narendra Modi's visit to South Korea is considered essential in strengthening defence ties, enhancing economic cooperation and forging cultural ties between the two countries, says Dr Rahul Mishra
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
While trying to persuade North Korea to give up its provocative actions, engaging China is the first hurdle that world leaders will have to deal with, says Rajaram Panda.
'Young IFS officers today would take it for granted that they represent a major country with strengths and capabilities.' 'They will be aware that India is seen as one of the 10 significant countries in the world and therefore their voice will be heard whether on climate change or regime change,' says Ambassador B S Prakash.
'China's latest defence White Paper has been issued against the backdrop of the upgraded Sino-Pakistan strategic relationship which has impinged on India's sovereignty and territorial integrity, and Beijing's continuing intransigence on tackling the issue of the disputed border or intrusion by PLA troops,' says Jayadeva Ranade.
'If the dimensions of the strategic partnership worked out by India and the US seem like a grand alliance targeted at you-know-who, China had better realise that it has fathered it,' says B S Raghavan, a long time observer of China.
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