India and China, two of the world's largest nations, have a shared destiny as regional powers in Asia. Their ongoing border disputes, particularly along the Line of Actual Control (LAC) in eastern Ladakh, have been a source of tension, casting a shadow over the larger goals of economic cooperation and regional stability. However, recent reports of “significant progress” in narrowing differences on pending issues along the LAC offer a glimmer of hope. While this is certainly a positive development, it also prompts us to reflect on why peace is not only desirable but essential for both countries in the long term. Our country and China have emerged as global economic powerhouses, whose economic aspirations are closely tied to regional stability. Both countries are heavily dependent on international trade and are pivotal players in the global supply chain. In 2023, bilateral trade between India and China stood at over $135 billion, despite tensions. The simple reality is that neither country can afford a prolonged conflict, which would have devastating consequences for their economies. For us, maintaining peace along the LAC allows our government to focus on domestic development goals, particularly in infrastructure, healthcare, and education. On the other hand, China, while economically stronger, is facing its own set of challenges, including a slowing economy, trade wars, and internal demands for reforms. A peaceful border with India means fewer military expenses, fewer disruptions in trade routes, and an overall stable environment for growth on both sides. Beyond economics, peace is essential for India's and China’s larger strategic ambitions. India is a key player in the Indo-Pacific region and is increasingly aligning itself with countries like the United States, Japan, and Australia through initiatives like the Quad. A peaceful border would allow us to engage more freely in such partnerships without the baggage of unresolved tensions with China. For China, its Belt and Road Initiative (BRI) and other regional endeavors are premised on stability across Asia. Prolonged tensions with India could risk derailing these ambitions, pushing India further into alliances with countries that seek to counterbalance China’s influence. Both countries recognize the risks of alienating one another and the potential for instability in their shared neighborhood, which includes sensitive areas like Tibet and Kashmir. In an era where global dynamics are shifting rapidly, India and China have the opportunity to set a positive example for conflict resolution. Peace along the LAC will not only stabilize their relationship but also demonstrate that two large powers can coexist and thrive despite deep historical differences. Both nations should capitalize on this moment, not just to defuse tensions but to build a partnership that could reshape the future of Asia.