Fresh Tensions Erupt Along Sino-Indian Border Causing Financial Tremors

August 31, 2020

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Fresh Tensions Erupt Along Sino-Indian Border Causing Financial Tremors. — "The Disputed Territory : Shown in green is Kashmiri region under Pakistani control. The dark-brown region represents Indian-controlled Jammu and Kashmir while the Aksai Chin is under Chinese occupation."

Fresh clashes between Indian and Chinese troops were reported along the heavily contested Himalayan border this past weekend.

India's Defense Ministry accused Chinese troops of "provocative military movements" late on Saturday night. Here's the Indian Army's full statement of their account of what happened:

"On the Night of 29/30 August 2020, PLA troops violated the previous consensus arrived at during military and diplomatic engagements during the ongoing standoff in Eastern Ladakh and carried out provocative military movements to change the status quo.
"Indian troops pre-empted this PLA activity on the Southern Bank of Pangong Tso Lake, undertook measures to strengthen our positions and thwart Chinese intentions to unilaterally change facts on the ground. The Indian Army is committed to maintaining peace and tranquility through dialogue but is also equally determined to protect its territorial integrity. A Brigade Commander level Flag Meeting is in progress at Chushul to resolve the issues."

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