Xi-Modi BRICS Breakthrough Followed Months of Pressure From Indian Businesses

Xi-Modi BRICS Breakthrough Followed Months of Pressure From Indian Businesses

After a 2020 border clash killed at least 20 Indian soldiers, Prime Minister Narendra Modi took a range of steps to block investment from China, even going further than the US in some areas. Now there’s a recognition in New Delhi that he may have gone too far.

Modi met Chinese President Xi Jinping on Wednesday at the BRICS summit in Russia, where the two leaders pledged to stabilize relations. Xi said both sides should strengthen cooperation and manage “differences and disagreements.” India said that special representatives from both sides would meet to plan next steps.

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