What about "shared values" that Obama and Modi have flaunted? They help in dealing with a shabby world but only up to a point. The pragmatist in Modi knows that since India is China's neighbor, it is imperative to calm a neighbor's angst -- and the angst of distant neighbors -- rather than to merely revel in the effusive cordiality of a country located beyond the seven seas. The basic instincts of the two ancient civilizations might yet astound the world.
India and China both see themselves as having outgrown a world order dominated by the West. They are moving beyond traditional bromides like their joint advocacy of the "Five Principles of Peaceful Coexistence," to pragmatic cooperation in the framework of the BRICS grouping. They recently came together to announce the creation of the BRICS Bank, which will be located in Shanghai and headed by an Indian.
Indian Prime Minister Narendra Modi is determined to build close strategic ties with Japan in order to put discreet checks on China's exercise of its rapidly accumulating power. China's strategy of constant outward pressure on its borders not only threatens to destabilize Asia's status quo but is also pushing countries like India, Japan, and Vietnam to strategically collaborate. Modi's priority is to ensure stable power equilibrium in Asia.