Economic troubles have left Chinese provincial governments on a sticky wicket, leading to the slowdown of the country's ambitious Belt and Road Initiative.
While the EU realises that China will continue to be a major trade and investment partner, it needs to devise impactful economic strategies to counter Beijing’s economic coercion.
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.
China has invested $1.4 billion in the strategically located project. But the Rajapaksa govt wants India to invest in the potential metropolis, which is Sri Lanka's first SEZ.
China insists that BRI projects, of which CPEC is the centerpiece, are strictly vetted for environmental impacts and meant to benefit the locals. But in practice, it has fallen short.
Xi Jinping wants obedient clients, not independent partners. Galwan had to be the place where it finally dawned on India that ties with China are only possible with military strength.
If elections happen in Bangladesh next year with the Awami League’s participation, there is every possibility of a sudden surprise around the bend. One can only hope it would not be bloody.
Naidu’s summit brings in MoUs on same scale as Jagan’s, but CM says his plans built on speed, certainty & investor trust, with escrow accounts, simplified incentives & real-time oversight.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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