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Modi in China: Prime Minister likely to sign $10-billion deals

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By NewsGram Staff Writer

​Prime Minister Narendra Modi is planning to seal deals worth $10 billion on the first day of his trip to China, according to the reports by a leading English daily of the country on Thursday.

Talking about his plans during the China visit, the Global Times said, “Both the countries are likely to sign deals worth $10 billion during Modi’s first visit as prime minister. The visit will also include going to Beijing and Shanghai as he attempts to attract investments for Indian manufacturing and infrastructure.”

Modi arrived at Xian,capital of China’s Shaanxi province, today. This is the first leg of his three-nation tour, which will also include Mongolia and South Korea.

He is scheduled to meet Chinese President Xi Jinping on Thursday in Xian.

“It is a rare practice for a Chinese leader to receive a foreign leader outside the capital city Beijing,” told Jiang Jingkui, director of the Department of South Asian Languages at Peking University to the Global Times.

“It has been less than a year since Xi’s maiden visit to India in September, when he went to Modi’s hometown (Ahmedabad) in Gujarat. This makes Xi’s invitation to Modi to visit Xian a reciprocal gesture of goodwill,” Jingkui added.

The differences between both the countries can be overcome by the increasing economic exchanges which have drawn the two emerging Asian economies closer than ever, the report examines.

India has also signed up as a founding member of the China-initiated Asian Infrastructure Investment Bank.

Indian and China are the biggest trading partner with bilateral trade of $70 billion and India’s trade deficit with China rose to $37.8 billion last year.

According to the report, Modi is expected to bridge this gap during his three-day China visit by tapping into the potential of the Chinese market.​

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itel Launches First Dual Camera Smartphone in India

itel "A62" is powered by 3000mAh battery and is equipped with 2GB RAM and 16GB internal storage that can be expanded up to 128GB

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The smartphone is equipped with a 5MP selfie camera with flash and 13.0MP+VGA dual rear-camera. (IANS)

China-based Transsion Holdings’ itel Mobile on Tuesday launched its first dual rear camera smartphone “A62” in India for Rs 7,499.

The latest addition to the company’s line-up of 4G smartphones comes with face unlock, fingerprint sensor, bike mode and dual rear camera set-up.

The smartphone is equipped with a 5MP selfie camera with flash and 13.0MP+VGA dual rear-camera.

“Camera on a phone has seen maximum innovations and improvements. With this insight, we have launched our first dual rear camera smartphone — ‘A62’, with full screen and multiple value added features,” Goldee Patnaik, Head of Marketing, itel Business Unit, said in a statement.

Also Read: itel Extends Partnership With Airtel

The device has a an 8.1-mm body with a full laminated body and thin bezels.

Running on the latest Android 8.1 Oreo OS, the smartphone powered by 1.3 GHz processor, a 5.65-inch HD+ IPS full view display with 18:9 aspect ratio.

itel “A62” is powered by 3000mAh battery and is equipped with 2GB RAM and 16GB internal storage that can be expanded up to 128GB. (IANS)

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