Sri Lankan President Gotabaya Rajapaksa has invited investors across the world to tap the potential of Chinese-funded Colombo Port City and join a “transformational journey” by investing in the island nation
Strong Defence Ties, Yet Limited Trade: The India–Vietnam Economic Puzzle
One highlight is VinFast, Vietnam's electric vehicle producer, announcing an investment commitment of US$500 million for a manufacturing plant in Tamil Nadu in south India. The company has also engaged its Indian supply chain with more than 300 local suppliers, aligning with the host country’s domestic industrialization agenda.
Sri Lanka’s Indirect Taxes are Among the Highest in the World: Negatively Impacting Middle Class
Sri Lanka is already seeing signs of higher inflation together with expected slowdown in overall GDP growth during next two years. But the worst impact is going to be gradual shrinking of the middle class and increase in poverty.
Building ASEAN–India Integration Through Digitalization: A Bridge to Strengthen Economic Relations with Southeast Asia
ASEAN–India integration through digitalization is therefore not merely a technical choice. It is a strategy to strengthen competitiveness, expand economic self-reliance, and build a stronger position within the Indo-Pacific economic order.
India's Poverty Reduction: But Is It Translating into Shared Economic Prosperity?
India has demonstrated that economic growth, social transfers and improved access to essential services can substantially reduce extreme deprivation. But the next stage will be considerably more demanding. It requires a different pattern of growth: one that creates productive jobs, raises real wages, increases women's economic independence and distributes the gains from growth more widely
More on Geoeconomics, Trade and Development
China's aggressive Indo-Pacific policy: Quad needs to thwart Beijing's designs
If the Quad can thwart China’s attempt to take over Taiwan, it will prove its relevance to the world and send a strong warning against the imperialist agenda of the ‘lovable’ Chinese Communist Party, write Pradeep S. Mehta and Krithika Subramanian for South Asia Monitor
Pakistan PM Imran Khan applauds Chinese President Xi's leadership on climate change
Pakistan’s Prime Minister Imran Khan thanked Chinese President Xi Jinping for the message the latter delivered on World Environment Day, which was hosted by Pakistan this year
Ban Chinese video-sharing apps like Likee and Tik Tok: Bangladesh security force chief
Bangladesh’s elite security battalion chief has recommended a ban on video-sharing apps like Chinese TikTok and Likee as they are being used to “conduct criminal activities”, Dhaka Tribune reported
Indian-American attorney says China must release data on origins of coronavirus
An effective response to tackling the coronavirus is impossible without knowing “exact information” on what makes this virus “tick” and hence it is imperative to investigate the origins of the virus, said Indian American attorney, businessman, author, and philanthropist Dr. Ravi Batra
China upset over disclosure of its vaccine price in Bangladesh
Bangladesh Foreign Minister AK Abdul Momen has said China is a little upset that the procurement price of Sinopharm vaccine was made public in Bangladesh, The Daily Star reported
Pakistan to give minimum two-year visas to Chinese workers in only 48 hours
Chinese citizens working on various projects in Pakistan will now get new visas for a minimum duration of two years with the permits being handed over within only 48 hours from the time of application, a senior minister said in Islamabad
Colombo archbishop slams Sri Lankan government over China-funded Port City project
Launching a verbal assault on the Sri Lankan government apparently over the China-funded Colombo Port City project, Archbishop Cardinal Malcolm Ranjith, the Archbishop of Colombo, said the island nation was being dragged down a path of destruction by those who came to power claiming to protect the country
Afghanistan at ‘critical stage’, security situation remains ‘uncertain’: China
Afghanistan has reached a “critical stage” as foreign troops are departing and the country’s security situation remains “uncertain”, the Chinese foreign ministry said after holding the 4th trilateral conference involving Afghanistan, Pakistan, and China
China-funded railway project in Pakistan may be launched early
China on Wednesday hinted at an early launch of the Main Line-I project of Pakistan Railways – the biggest infrastructure project in the country’s history with an estimated cost of around USD 6.8 billion – that has been funded by Beijing as part of the China-Pakistan Economic Corridor
China stands with India in fighting second wave of COVID pandemic, says Foreign Minister Wang Yi
Chinese Foreign Minister Wang Yi has assured that all BRICS member nations will help India in combating the second and deadly wave of the COVID-19 pandemic
Not a dumping ground for Chinese 'garbage', says Sri Lanka
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
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
