" China Offers express Visa to Indians"
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As the Indian economy roaring, seems the another Asian economic power house, China, has realized that there's no permanent friend, no permanent foes, only permanent interests. The Launch of Indo-China business Alliance can be termed as the extension of yeteryear's visit of Hu Jintao and reopening of Nathu- la pass at the border of the two countries. Under the aegis of india's economic chamber ASSOCHAM, the ICBA will work to facilitate the business men from both sides. In the launching Mr. Yuxi announced that in a bid to closely knit business synergies of China and India, the Chinese Embassy would be issuing `Express Visas' that are recommended by the ICBA to Indian businessmen. The express visa will help both side as both are the fastest growing economies and to sustain the growth of same its better to cooperate against to vie. The cooperation will facilitate bilateral retail trade to grow upto$50 billion from the current level of around $20 billion in the next few years,This move can be seen as good Confidence building measure and of high importance in the way of PM manmohan Singh's forthcoming visit to China, which may give us some more exciting and good business announcements.
7.1/10 AMIT
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