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    <title>Restructuring of India’s Domestic and External Policies needed for Effective Partnership between India and China: RBI’s Project Research Study</title>
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    <description>Restructuring of India&#039;s domestic and external policies is urged to preserve long term national interests in bilateral economic engagement with China. The study finds India imports many uncompetitive products from China across sectors, that regionalism could augment trade, that ASEAN+3 liberalisation may not yield expected welfare gains under CGE modelling, and that Yuan exchange rate movements significantly affect India&#039;s exports. These conclusions support a cautious, policy restructuring approach to recalibrate trade and domestic regulatory measures and to assess sectoral complementarities and exchange rate impacts for sustainable partnership.</description>
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    <pubDate>Thu, 13 Jun 2013 17:22:01 +0530</pubDate>
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      <description>Restructuring of India&#039;s domestic and external policies is urged to preserve long term national interests in bilateral economic engagement with China. The study finds India imports many uncompetitive products from China across sectors, that regionalism could augment trade, that ASEAN+3 liberalisation may not yield expected welfare gains under CGE modelling, and that Yuan exchange rate movements significantly affect India&#039;s exports. These conclusions support a cautious, policy restructuring approach to recalibrate trade and domestic regulatory measures and to assess sectoral complementarities and exchange rate impacts for sustainable partnership.</description>
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