The two primary objectives of India’s recent dealings with China have been to resist Beijing’s protectionist tendencies within the global order and to reform global financial institutions to favor emerging economies. Given these guiding principles, India has chosen to participate in some Chinese economic initiatives, such as the Asian Infrastructure Development Bank, but not in others, such as the Belt and Road Initiative. New Delhi continues to evaluate each opportunity for collaboration with China on a case-by-case basis. The two primary objectives of India’s recent dealings with China have been to resist Beijing’s protectionist tendencies within the global order and to reform global financial institutions to favor emerging economies. Given these guiding principles, India has chosen to participate in some Chinese economic initiatives, such as the Asian Infrastructure Development Bank, but not in others, such as the Belt and Road Initiative. New Delhi continues to evaluate each opportunity for collaboration with China on a case-by-case basis.