ABSTRACT
During his visit to India in January 2002 – the first by a Chinese Premier in the new millennium – Zhu Rongji expressed the hope that bilateral trade, which was at US$3 billion then, would grow to US$10 billion in near future (Cherian 2002). When Premier Wen Jiabao came to India in April 2005, the two countries aimed to take bilateral trade to US$20 billion by 2008. The target was upgraded to US$40 billion to be achieved by 2010 during President Hu Jintao's visit to India in November 2006. The latest target set during Premier Wen's second visit to India in December 2010 aims bilateral trade to reach US$100 billion by 2015. 1
