Abstract:The four South Asian countries,including Sri Lanka,Bangladesh,Nepal and Maldives,are becoming more and more important trade partners of China and critical partners in further promoting “the Belt and Road” Initiative. From 2018 to 2020,China has made great progress with those four south Asian countries in infrastructure construction in more than 30 projects,while released new joint statements with only Nepal and Maldives and not much achievement in financial cooperation and people-to-people exchanges. The main problems and challenges are as follows. Firstly,the change of regime increases the risk of Chinese enterprises’ local economic activities. Secondly,the four countries in South Asia are greatly affected by India,a third country. Thirdly,China’s trade deficit is serious and showing a growing trend. Fourthly,the mode of cooperation is single,and the cooperation between industrial parks is single. Fifth,people’s understanding of China is not comprehensive enough. This paper proposes to deepen the economic and trade cooperation between China and the four South Asian countries from the following four aspects. Firstly,strengthen political mutual trust and establish a comprehensive and balanced political party relationship. Secondly,handle the relationship with India from the perspective of security mutual trust and common interests. Thirdly,promote trade facilitation and assist the development of export industries in order to reduce trade. Fourthly,cultural exchanges should be strengthen to enhance consensus and understanding.
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