NEW DELHI (Agencies) India has to take adequate precautions but not give up hope of peaceful resolution of issues with China, Indian Prime Minister Manmohan Singh said on Monday in reaction to pinpricks by Beijing on Kashmir and other issues, reports The Times of India. Relations between the two Asian giants continued to be a mix of competition and coop-eration and the effort should be to create a milieu in which there can be peaceful com-petition, he emphasised during an interaction with a group of editors at his residence here. He pointed out that he had worked with the Chinese President Hu Jintao and Prime Minister Wen Jiabao, whom he had been meeting almost every year. About Pakistan, the Indian Prime Minister maintained that it was his sincere belief that India had to engage it regardless of the complexity of the set-up in that country, but he was also sensitive to the Indian public opinion after the Mumbai attacks. Asked about the failure of the talks between Indian External Affairs Minister SM Krishna and his Pakistani counterpart Shah Mehmood Qureshi in July, Manmohan said there are always mishaps in Indo-Pak ties. Engagement and dialogue were the only way forward in Indo-Pak ties, he said, adding that he hoped that Qureshi would accept Krishnas invitation to visit India.