Tensions rise as the nuclear-armed neighbours trade accusations and denials
India and China have moved thousands of troops, fighter jets and materiel close to the disputed Himalayan borderAn Indian army convoy drives towards a highway bordering China, June 19 2020. Picture: YAWAR NAZIR/GETTY IMAGES
Beijing denied its troops had strayed into Indian territory and said it was in close communication with New Delhi, Chinese foreign ministry spokesperson Zhao Lijian said at a daily briefing in Beijing on Monday. “Chinese border troops always strictly abide by theThe Indian army undermined the consensus reached in previous talks between the two sides and once again illegally crossed the line on the south bank of Pangong Tso, the People’s Liberation Army in the region said late on Monday evening.
India’s benchmark stock index S&P BSE Sensex plunged 2.1% in Mumbai, the biggest drop since May 18. The rupee weakened 0.3%.
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