China's geographic proximity and growing power remain the core reasons ASEAN clings to its long-standing hedging and neutrality strategy. Fear of retaliation—whether economic or military—has deterred ASEAN from adopting a firm position against Beijing, which could compromise the region’s economic survival.
The Chinese making inroads into Pakistan for a while now may also be a significant factor behind President Donald Trump not taking an unambiguously supportive position towards India. Trump’s comments have been calibrated to achieve equivalence between India and Pakistan and quite strikingly handed Islamabad some bragging rights by offering to intervene in resolving the Kashmir issue.
Over the past 40 years, the U.S. has transitioned from an industrial to a consumption-driven economy. Manufacturing, which contributed about 25% to GDP in 1970, now accounts for just 10%. The outsourcing of production to China, Mexico, Vietnam, and others has led to the loss of nearly 5 million factory jobs between 2000 and 2020 alone.
A landmark event in 2023 was the MoU with Japan’s Rapidus Corporation to establish semiconductor manufacturing in India. Backed by Japanese giants like Sony, Toyota, Kioxia, NEC, NTT, and MUFG Bank, this move could be a game-changer for India’s electronics ecosystem, which currently lacks indigenous chip production.
In a move presumably aimed at blocking China and its companies from opportunistic takeovers of Indian companies due to the Covid pandemic and subsequent crisis, India has clarified that foreign investments from countries with which India shares land border shall be only after government approval
Another Chinese plane carrying medical aid for Sri Lanka arrived at the Bandaranaike International Airport in Katunayake Friday evening
Unable to persuade India to sign on to its Belt and Road Initiative (BRI), China has entered the Indian market through venture investments in start-ups and penetrated the online ecosystem with its popular smartphones and their applications (apps)
China's Alibaba Foundation and Jack Ma Foundation have donated 20,000 COVID-19 testing kits to Sri Lanka, in a bid to scale up testing on the island
The government in the northeast Indian state of Assam on Wednesday imported 50,000 personal protective equipment (PPE) kits from China for the frontline healthcare workers combating the Covid-19 pandemic in the state
Pakistan has requested China for ease in payment obligations of over $30 billion worth of about 12,000-megawatt power projects under the China-Pakistan Economic Corridor (CPEC) to minimise its financial and economic difficulties
Nepal's Minister for Foreign Affairs Pradeep Kumar Gyawali has requested China's cooperation and facilitation for the purchase of essential medicines and medical equipment on G-to-G basis
In the past five months since arrival in Afghanistan, I have met friends from all walks of life and been deeply impressed by the Afghan hospitality, diligence and courage
Social media giant Twitter has suspended the account of the Chinese Embassy in Colombo, days after it had responded to allegations against China using undiplomatic language. “We have already applied to unlock the account,” a spokesman for the embassy told News1st
The Xi'an municipality of Shaanxi province of China, has provided medical supplies in the fight against COVID-19 pandemic
The People's Bank of China has increased its stake in India's banking and financial services company HDFC to 1.01 percent. The central bank of China currently has nearly 1.75 crore shares in HDFC during the quarter ended March, according to data submitted by the company at the BSE
The Indain government on Thursday slammed China at the United Nations for raking up India's internal matters and its failure to recognize Pakistan's cross-border terrorism in Jammu and Kashmir
The China-Pakistan Economic Corridor (CPEC) is making steady progress, and its scope will be further enhanced in the second phase, a top Pakistani official said
Sri Lanka’s Hambantota Port, run by China’s CM Ports group with Chinese oil group Sinopec, has stocked up bunker oil to supply ships passing the island with the global shipping industry hit by the fallout of Coronavirus
China Railway Group Limited (CREC) has donated Personal Protective Equipment and other safety gears to the Combined Military Hospital and Kurmitola General Hospital in Dhaka to extend support to the Bangladesh government's fight against the coronavirus outbreak
