Oh, for Gawd's sake. It's NOT a military alliance!!

Quote Originally Posted by That link Neel posted.
“It is not a military alliance, but corporatisation of both the economies. With the increased role of China and India in the world economy, both agree that it has acquired a more global dimension."
I think it's an awesome thing that's happened, for both countries. By new world order...well, I'm pretty sure that's just some thing referring to how Chine and India are both rising economic powers. This means big things for Asia! It should be a great thing!

It also means that relations between China and India (which have been oh-so-very shaky!) are improving. They went to war in 1962! Hel-lo? Don't we all want world peace? Isn't that like, our ultimate goal? (Impossible though it is...). This could mean a whole set of great things for all the poor people who die of starvation in India each day, more jobs, better relation, not needing to live in territory that two countries fight over....(Like Sikkim, apparently. xD Awesome news!).