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BRICS group of countries have broadly agreed they are not bound by "unilateral" sanctions on Iran.
HSBC said the growth was supported by further expansion in new business.
The Soviet air squadron volunteered to help China drive out invading Japanese troops during World War II.
India signed on as a founding member of the China-led Asian Infrastructure Investment Bank (AIIB) last year.
A slowing manufacturing industry reinforces expectations that Central Banks in both India and China will again cut interest rates soon.
Xi is expected to further push Beijing's plan to create a modern Silk Road.
BRICS GDP grew 300% in the last decade as opposed to 60% growth registered by the developed world.
The death toll of Saturday's devastating earthquake in Nepal has climbed to 6621.
Beijing is interested in funding Russia’s first high-speed rail line between Moscow and Kazan.
China's GDP grew an annual 7.0 per cent in the first quarter.
