India-China diplomatic thaw reflected in Reliance’s collaborations with Shein and Hisense

Reliance Industries, an Indian conglomerate, has formed partnerships with Chinese companies, marking a shift in Indian policies towards Chinese investors. This move comes after a period of restrictions on Chinese investments in India, imposed as a response to security concerns and trade tensions. The new partnerships suggest a potential easing of bilateral economic relations between India and China, which had strained in recent years. This development is significant, as it indicates a willingness by India to engage with Chinese companies and pursue economic cooperation despite earlier tensions. The partnerships, which may lead to increased trade and investment between the two countries, are seen as a step towards improving overall relations. This move may also pave the way for other Indian companies to form ties with Chinese partners, promoting greater economic collaboration and cooperation between the two nations. The outcome may not be without its challenges, but it represents a significant step towards stabilizing and strengthening the India-China economic corridor.