Optimism remains amid row

Economic relations between neighbors can be advanced despite daunting challenges: Experts

Editor's note: Chinese smartphone makers such as Xiaomi and Transsion have made a huge mark in South Asia. This page looks at these smartphone makers' localization strategies as well as challenges they are facing.

Despite the daunting challenges that some Chinese companies, such as Xiaomi, face in India, economic relations between the two neighbors can be advanced through closer collaboration, analysts say, pointing to an abundance of business and investment opportunities.

Xiaomi India is struggling after a recent dispute with the Indian authorities that led to $725 million worth of its assets being seized in April after it allegedly breached India's foreign exchange laws.