India Accelerates Chinese Business Visas Amid Diplomatic Thaw

• India is speeding up business visas for Chinese professionals, reducing administrative vetting.
• The move aims to approve business visas within a month, signaling a thaw in India-China ties.
• China's foreign ministry welcomed India's "positive action" to improve people-to-people exchanges.
• Earlier visa restrictions, following 2020 border tensions, caused an estimated $15 billion in production losses.
• Improved relations followed diplomatic dialogues, PM Modi's visit to China, and resumed direct flights.

Why It Matters: This move improves India-China relations and boosts economic activity.