After facing heat from opposition leaders on vaccine procurement, the Sri Lankan government has said that the country was not a dumping ground for "Chinese garbage", a report in Daily Mirror says
How Sri Lanka Missed the Opportunity to Become a 200-billion dollar economy
Policy instability during the 2015-2024 likely pushed back Sri Lanka’s path towards becoming South Asia’s first High-Income Country. The 2022 financial crisis would never have happened as stable growth during the first half of 2015–2024 would have built enough buffer to weather impact of the Covid pandemic
When Nations Employ the Expansionary Grammar of Corporate Acquisitions
China’s Belt and Road Initiative - which funded Sri Lanka’s Hambantota Port through loans resulting in a 99-year lease to Chinese State-owned enterprise in 2017 due to Colombo’s struggle to service said loans - follows the same expansionary script.
Will Sri Lanka's Trincomalee Fulfil its Long-Promised Potential? New Strategic Convergence to Revamp Assets Neglected for Eight Decades
If one location matters most to India in Sri Lanka, it is Trincomalee. With one of the finest natural harbours in the world, Trincomalee has immense commercial, naval, and energy value. For decades, strategists in New Delhi have viewed it as critical to the security architecture of the Bay of Bengal.
EU and India Deepen Strategic Partnership, but Contentious Issues Remain Unresolved
It also demonstrated that the EU increasingly sees India as a strategic alternative to excessive dependence on China and India increasingly sees the EU as an important technology and investment partner amid a more fragmented global trading system.
More on Economy, Trade and Development
Don't be soft on doing business with China, EICC tells EU
The Brussels-based Europe India Chamber of Commerce (EICC) has accused China of creating "discriminatory" trade barriers, resorting to "forced" technology transfer and intellectual property theft and asked the European Union to confront and counter Beijing’s "disinformation" campaign and expressed displeasure over some EU countries being “soft on doing business” with China
China-funded Gwadar Port, Free Zone in Pakistan to generate USD 10 billion annually
After becoming fully operational, the Gwadar Port and Gwadar Free Zone would generate economic activities of around USD 10 billion per annum, said China Pakistan Economic Corridor (CPEC) Authority Chairman Lt-Gen (retd) Asim Saleem Bajwa on Monday
Either you transform China or China will transform you, warns outgoing Tibetan president-in-exile
Outgoing Tibetan president-in-exile Lobsang Sangay has warned his people and the world against Chinese aggression in no uncertain terms
China is expanding influence in the UN system: Indian think tank
A leading Indina think tank has claimed that China has been steadily increasing its influence within the United Nations using a combination of increased funding, strategically placing its key officials and selecting the most influential agencies and bodies to lead
Controversy over price of Chinese Sinopharm vaccine in Sri Lanka
A controversy erupted in Sri Lanka over the alleged differential pricing of Sinopharm COVID-19 vaccines that the Sri Lankan government has been procuring from China, with authorities facing the allegation of signing the deal at a relatively higher price
China-backed Port City told to comply with Sri Lanka‘s language policy: Minister
Sri Lanka has officially told a state enterprise of China investing in the island nation’s language policy in the Colombo Port City following controversy over a name board, a minister said
Chinese national stabs two Bangladeshi men in Dhaka
A Chinese national hacked and injured two Bangladeshi youths working on the Dhaka-Mawa railway project in Keraniganj near capital Dhaka
China stacking border with India with advanced weapons?
There seems to be no end to the Sino-Indian border standoff as Beijing is trying to equip its Western high-altitude plateau regions with new weapons systems, said reports quoting Chinese Communist Party-run media
CPEC a perfect fit with Pakistan’s geo-economic vision: NSA
The China-Pakistan Economic Corridor (CPEC) fits perfectly with “Pakistan’s geo-economic paradigm that is now the vision of the government”, a top official said
Chinese vaccine manufacturer seeks non-disclosure agreement with Nepalese government
China has so far donated around 1.8 million Sinopharm vaccines to Nepal, and the latter is now looking for a commercial agreement to seek more vaccines
Chinese investor sets up textile factory in Pakistan’s Lahore
China-Pakistan Economic Corridor Authority Chairman Lt Gen (retd.) Asim Saleem Bajwa has termed an export-oriented textile factory, established by a Chinese investor in the country’s most fashionable city Lahore, as a role model for new special economic zones
Bangladesh to buy 15 million vaccines from China
Bangladesh will purchase 15 million vaccines from China at $10 per dose rate, reported Daily Star. As per the plan, 5 million doses will be supplied to Dhaka every month from June to August
Build closer China-Pakistan community for a shared future: Pakistan foreign minister
Pakistan Foreign Minister Shah Mahmood Qureshi has called for forging energies to jointly build a closer China-Pakistan community of shared future in the emerging era, adding that the ties between the two countries have transformed into an ‘All-weather Strategic Cooperative Partnership’ after seven decades
China to donate million Covid vaccines to Nepal; Xi speaks to President Bhandari
China will provide one million Covid vaccines to Nepal under grant assistance, Chinese ambassador to Kathmandu Hou Yanki announced after Nepal President Bidhya Devi Bhandari had a telephonic conversation with Chinese President Xi Jinping
