China has extended Sri Lanka a concessionary loan of USD 500 million, upon a request made by the government, to financially aid its efforts to combat the COVID – 19 pandemic, News 1st reported
Neutrality and balance — Colombo’s habitual vocabulary — have yielded little economic benefit. Ultimately, Sri Lanka slid into bankruptcy. Given this background, the land link is not merely a strategic starting point but a necessity. India’s strategic position on Sri Lanka is perennial; whether the bridge is built or not, India’s concerns remain fundamental. As an immediate neighbour and rising global power, India will not allow rivals to use Sri Lanka as a base.
If India and China choose collaboration by setting aside strategic suspicion in the climate domain, they could fundamentally reshape the trajectory of the 21st century, as they have already demonstrated individually through their pursuit of clean energy over the past decade. More importantly, such a coalition could revive the COP28 fossil-fuel phase-down pledge, which stalled at COP29 in Baku and appears to be drifting further at COP30 in Belém.
Increased industrial activity in India could generate demand for raw materials, intermediate goods, and services from countries such as Nepal, Bhutan, Bangladesh, and Sri Lanka. Bangladesh’s textile industry could strengthen its links with Indian manufacturing networks, while Sri Lanka may gain from expanded opportunities in tourism, logistics, and services.
ADB’s role has evolved beyond financing into shaping India’s structural transformation into a high-growth, technology-driven, and climate-conscious economy. Compared to other multilateral institutions, it offers a more agile, implementation-focused, and regionally attuned approach. As India moves toward becoming one of the world’s largest economies, this partnership will play a defining role in shaping not only India’s growth trajectory but also the broader economic future of Asia.
China has extended Sri Lanka a concessionary loan of USD 500 million, upon a request made by the government, to financially aid its efforts to combat the COVID – 19 pandemic, News 1st reported
China and Pakistan have reaffirmed to further strengthen their “All-Weather Strategic Cooperative Partnership” aimed at building a community of shared future in the new era
Experts at a conference in Kolkata discussed ties between India and China and how the two powerful Asian neighbours could work on finding ways to end their strained ties, find a modus vivendi, and mutually benefit from trade and investment
The Chinese media continued its scrutiny of the contentious citizenship Amendment Act (CAA) in India and its nationwide protests
China has strongly rejected an Indian allegation that a detained Karachi-bound Chinese merchant vessel carried cargo that breached non-proliferation and export control restrictions, Dawn reported
Peng Liyuan, wife of Chinese President Xi Jinping, has written back to a group of students from a girls school in Sri Lanka, expressing her appreciation for their support for China’s fight against the COVID-19 epidemic and encouraging them to make contributions to carrying forward China-Sri Lanka friendship, the Xinhua news agency reported.
Twenty-three more Bangladeshi nationals have been evacuated from China’s Wuhan, the epicenter of the coronavirus outbreak
Chinese President Xi Jinping has appreciated the support of Bangladesh government towards the East Asian country when the country is in a battle against the outbreak of the novel coronavirus.
A 22-year-old engineer from Andhra Pradesh, who is stranded in coronavirus-hit Chinese city of Wuhan, is surviving on rice and pickle for nearly a month, her relatives said.
The multibillion-dollar projects being implemented under the China-Pakistan Economic Corridor (CPEC) would not be affected by the temporary challenge of coronavirus, declared Chinese Ambassador to Pakistan Yao Jing.
China reiterated its gratitude and appreciation over the enormous support and assistance offered by Pakistan in the wake of the novel coronavirus epidemic.
Chinese President Xi Jinping is expected to visit Pakistan either in May or June to further expand strategic partnership and trade ties between the two neighbouring countries, according to informed sources.
Bangladesh's apex trade body has urged banks to exercise more flexibility in the wake of coronavirus outbreak in China that has hit the supply chain of imported raw materials and products for local businesses.
India's national passenger carrier Air India has extended the suspension period for its Delhi-Shanghai and Delhi-Hong Kong services till June 30, owing to the outbreak of deadly Coronavirus (COVID-19)
Chinese workers in Sri Lanka, who were subjected to a 14-day quarantine amidst fears of the novel coronavirus, have resumed work this week, a media report said on Friday