Chinese Foreign Ministry spokesperson Lu Kang said that the BRI initiative does not involve territorial and maritime disputes unlike what India has understood of it.
Chinese foreign ministry spokesman Lu Kang said the informal summit between President Jinping and PM Modi in Wuhan last year has opened up new prospects for the bilateral ties.
The repo rate cut should be interpreted as a pre-emptive measure to create a buffer, ensuring that the economy enters the forthcoming year with adequate liquidity.
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
India is now the only country still operating the Jaguar, long retired by its original users, France in 2005 and the UK in 2007, and secondary operators like Oman, Nigeria and Ecuador.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
At a future date, when there is more trust between the two sides, the issue could be reconsidered. India’s concerns on the status of PoK could be suitably addressed by way of formal protocols / caveats to the documentation. Equally important are concerns India has raised about the viability of projects, debt servicing becoming burdensome, etc. China has first hand experience of some of these fears coming true, with Sri Lanka, Malaysia, the Maldives. CPEC itself at the moment rests at $ 20 billion, one third of the initial planning, because Pakistan’s fragile economy cannot handle so much high cholesterol. Other things being equal, China would find many more viable projects to finance and execute in India than in Pakistan.
At a future date, when there is more trust between the two sides, the issue could be reconsidered. India’s concerns on the status of PoK could be suitably addressed by way of formal protocols / caveats to the documentation. Equally important are concerns India has raised about the viability of projects, debt servicing becoming burdensome, etc. China has first hand experience of some of these fears coming true, with Sri Lanka, Malaysia, the Maldives. CPEC itself at the moment rests at $ 20 billion, one third of the initial planning, because Pakistan’s fragile economy cannot handle so much high cholesterol. Other things being equal, China would find many more viable projects to finance and execute in India than in Pakistan.