SINO-INDIAN RAPPROCHEMENT IN THE CHANGING DYNAMICS OF THE SOUTH ASIAN REGION

India  and  China- the  most populous countries in the world, have assumed a global dimension and impact. Both are emerging  economic  powerhouses, engines of global peace and security. The post cold war  era  is  considered  as  a  watershed  in  the  annals  of  international  relations.  Aftermath  of  this change  was  in  the  shape  of  nationalism,  ethnicity,  civil wars, and decolonization. India  and China are considered to be two-third of world population and evolving economic engines. With the increasing wave of anti-Americanism in the South East and South West  Asia, regional powers: China and India are attracting and inspiring their neighbors for defense, economic investment and development. The power equation that is going to take place at regional and global level will not be devoid of challenges and opportunities. It is widely believed that China is going to be an  emerging economic power. Since Chinese economy has passed various successful phases of modernizations  and  its  changing foreign policy, rapprochement with her immediate neighbor (India), has marked a new chapter in India-China relations. This article highlights the concept of rapprochement, peace overtures  made after Rajiv Gandhi period in trade and commerce and border issue with China.