Politics8/20/2025Bloomberg

Modi Hails China Ties as Bessent Swipes at India’s Rich Families

Modi Hails China Ties as Bessent Swipes at India’s Rich Families

The article discusses the recent developments in India's diplomatic and economic relations. Prime Minister Narendra Modi has expressed optimism about improving ties with China, while US Treasury Secretary Scott Bessent has criticized India's continued purchases of Russian oil amidst the ongoing conflict in Ukraine. The article highlights the complex balancing act that India is navigating, as it attempts to maintain its strategic autonomy and relationships with various global powers. While Modi emphasizes the importance of strengthening ties with China, the US has expressed concerns over India's stance on the Russia-Ukraine war. The article also suggests that Bessent's comments may be part of a broader US effort to pressure India to align more closely with the West and reduce its dependence on Russian energy sources. The article does not provide additional details on the specific nature of the criticism or the potential implications for India's relations with the US and other countries.

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