India-Middle East-Europe Economic Corridor to involve India-Saudi ship transit, then rail link to UAE & likely to Jordan. Shipment will then move by sea to Turkey & further by rail.
CCP-controlled China Investment Corporation replaced Norway’s SWF as the world’s largest sovereign wealth fund. While the latter reported a loss in 2022, CIC has reported a profitable return.
President Xi Jinping’s Belt and Road Initiative & cheque-book diplomacy face real-world test of post-Covid financial distress, as nations indebted to China are confronted with default on loans.
Economic troubles have left Chinese provincial governments on a sticky wicket, leading to the slowdown of the country's ambitious Belt and Road Initiative.
Beijing's spending & investment abroad through Belt and Road Initiative has dipped by 11.77% in first half of 2022, Chinese govt data shows. Saudi Arabia became biggest recipient.
Yuan Wang 5 is currently 599 nautical miles away from Hambantota, having been at sea for 35 hours since departing the Chinese port of Taicang, according to latest data.
Silk roads are getting bumpier but Beijing will maximise its pursuit of global leadership as long as it perceives that Washington seeks to deny it any.
India's centrality in the Indo-Pacific trade architecture should have made New Delhi launch IPEF much before US President Joe Biden did. It can still be a rule maker.
Rajeev Chandrasekhar is up against Shashi Tharoor in Thiruvananthapuram. He’s marketing himself to a state that has traditionally radiated contempt for the BJP.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.
COMMENTS