The Prospects and Challenges of Sino-India Cooperation under “the Belt and Road” Initiative ----Based on the Five-Link Index
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DOI: 10.25236/icidel.2017.073
Corresponding Author
Feiting Lin
Abstract
“Policy co-ordination, facilities connectivity, unimpeded trade, financial integration, and people-to-people bonds” are the five major goals of “the Belt and Road” Initiative. By measuring the present situation of cooperation between China and India with the Five-Link index, the lack of infrastructure in India has damaged the facilities connectivity between China and India, and the lack of credit system in India has slowed down the process of financial integration between China and India. Since the Modi government focused on infrastructure construction and the development of manufacturing industry, China and India have a win-win effect under "The Belt and Road" Initiative.
Keywords
“The Belt and Road” Initiative, Sino-India Cooperation, Win-Win Effect, Facilities Connectivity.