Chinese economy reported today that the nation in talks for mergers and acquisitions in deal with India during this year, where the global deals had increased by 89% last year, this deal aims to the both countries are looking for coal and iron ore supply for the next 10 years.

At mean time, the Indian government plans to spend about 1 trillion American dollars to improve the nation's dilapidated road, rail and power networks that the government says these improvements will boost economic expansion by 2%.

Indian companies such as Ernst & Young (which one of the largest professional secrecies in India), was one of the seventh-most acquisitive in mining and metals last year, up from the 14th a year earlier. The country, which recorded $4.6 billion of deals, for the first time surpassed China, with $4.5 billion.