Shillong: Keeping in mind the economic slowdown in the country, Adviser to the Prime Minister TKA Nair on Thursday said India had to learn to live with China, compete with it, live as friends in the neighbourhood and do business with it.

"We have to learn to live with China. We have to learn to compete with China and to learn to live as friends in the neighbourhood," the Adviser to the Prime Minister said.

"You have to do business with that great country in the context of global economy, in the context of changing relationship between India and China. China is not just one of the emerging economies, but it is a leading economy in today’s world," Nair said.

He was addressing students enrolled for the Executive Post Graduate Program, the first Indo-Chinese business management program launched by the IIM-Shillong in collaboration with the Ocean University of China, Qingdao.

"We have had a very difficult time with China ... to put it bluntly we have had humiliating experiences at one point of time with China. But times have changed and times are changing," Nair said.

"We know of Chinese intellectuals who came to India in search of knowledge, of the great University of Nalanda and others. But those glorious days of the past have gone by, he said.

"The days of conflict also are behind us. We have to live in the present and in the present, changing international relations is often dictated to a great extend by the markets.

The future of Indo-China relation would to a great extent be controlled by what happened in the field of trade and commerce he said. Nair said, "We should catch up with China in enhancing our economy so that we could find our markets not only in China but in the rest of the world."


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