China has expressed its eagerness in cooperating with India on deep seabed mining in the Indian Ocean. It is reported earlier that the China’s deep diving vessel have founded large deposits of precious metals like gold and silver in the Indian Ocean.
The Deputy Director of China Ocean Mineral Resource R&D Association, He Zongyu, who proposed the joint mining of Indian Ocean, termed India an Ideal Partner and said both countries are on about the same level in terms of the development of deep seabed mining. He also added deep seabed mining is high-cost and high-risk work, with costs for a mining site topping $1.6 billion.
The proposal from China is totally unexpected and it came ahead of PM Modi’s three-day visit from May 14. In his maiden visit, Modi will hold talks with Chinese President Xi Jinping and Premier Li Keqiang in Xi’an and Beijing.
Tidbits
- China is the fourth largest country in the world (after Russia, Canada, and the US).
- China is the second largest economy in the world, after the United States of America.
- The Great Wall of China is the largest man made structure in the world (stretches around 8850 kilometers)
GK Questions
- Name the Emperor who built the Great Wall of China? Qin Shihuang, the first Emperor of China.
- what is the currency of china? Renminbi
- What are the Special Administrative Regions of China? Hong Kong SAR and the Macau SAR.
