India-Australia trade pact pushes back against 'panda in the room'

Long-stalled deal came together as Quad partners aim to cut dependence on China

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A container ship off Mumbai. The India-Australia deal is expected to almost double bilateral annual trade in the next five years. © Reuters

KIRAN SHARMA, Nikkei staff writer

NEW DELHI -- India and Australia sealed an interim free trade deal early this month after over a decade of on-and-off negotiations. As they signed on the dotted line, each side appears to have had one eye on China.

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