Banking service chronicle published this article page no 1 china and india were involved in a border conflict in 1962 over competing territorial claims principally in arunachal pradesh and in the aksai chin region of ladakh. the conflict of 1962 in which india suffered military reverses had long-term implications for india–china relations. diplomatic relations between the two countries were downgraded until 1976. thereafter relations between the two countries began to improve slowly. after the change in chinas political leadership from the mid to late 1970s chinas policy became more pragmatic and less ideological. so it was prepared to put off the settlement of contentious issues while improving relations with india. a series of talks to resolve the border issue were also initiated in 1981. since the end of the cold war there have been significant changes in india– china relations. their relations now have a strategic as well as an economic dimension banking service chronicle magazine subscription.
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