Traders recently demonstrated against the decision taken by the administration to keep the Pakistan-China border closed for the past 20 months
South Asia's Balance of Payments Challenge: The Changing Dynamics of External Balances in South Asia
South Asia remains one of the least integrated regions in the world despite geographical proximity and complementary economic structures. Greater regional trade, improved transport connectivity, cross-border electricity markets, digital payment systems and investment partnerships could substantially reduce external vulnerabilities.
India's Employment Debate: A Future With Plenty of Work, But Fewer Jobs
Between 2004 and 2023, India produced roughly five million graduates every year, but graduate employment increased by only around 2.8 million annually. Even fewer obtained salaried employment. Millions are either unemployed or working below their qualifications or in the waiting room for the elusive government job.
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.
More on Economy, Trade and Development
Take a hard line on China, reduce trade, economic and technological dependence: EICC tells EU
The Brussels-based Europe India Chamber of Commerce (EICC) has urged the European Union to fundamentally revisit its China policy keeping in mind long-term strategic interests and substantially reduce trade, economic and technological dependence on the Communist nation
An alternative to China’s BRI? But G7’s B3W needs backing of big business, US allies
Several BRI-related projects in developing countries in Asia and Africa have drawn criticism for lacking transparency, and not being economically sustainable, leading to debts that make countries dependent upon China or leads to a 'debt Trap', writes Tridivesh Singh Maini for South Asia Monitor
Pakistani PM praises Chinese and Pakistani engineers, workers for under-construction Dasu Hydropower project
Lauding the efforts of Pakistani and Chinese engineers and workers for the construction of the World Bank aided 4,320-megawatt Dasu hydropower project, Prime Minister Imran Khan has said the dam is vital for the development of Pakistan, as it will meet the country’s electricity need at a very reasonable tariff
Indian Navy keeping a close watch on China’s port projects in Sri Lanka
With the Chinese getting new port projects in Sri Lanka, a top Indian Navy officer said it "could pose a threat" to Indian interests in the region and there is a need to keep a close watch on such activities
China miffed as details of vaccine deal leaked in Nepal
China has expressed its displeasure with Nepal over the continuous leak to media of negotiations regarding the proposed vaccine deal between the two countries, reports say
China world’s most powerful economy under CPC: Former Sri Lankan PM
Former Sri Lankan Prime Minister Ranil Wickremesinghe has hailed China for its emergence as the world’s most powerful economy under the leadership of the Communist Party of China and said it was important for his country to understand how it can ensure progress by tapping the potential of the future cyber age
Chinese Communist Party seeks closer ties with Pakistan’s political parties for development of CPEC
The Communist Party of China (CPC) has sought more exchanges and closer cooperation with Pakistan’s political parties to bolster bilateral ties and create a good environment for the development of China-Pakistan Economic Corridor (CPEC)
Gwadar fishermen demonstrate decision to grant fishing rights to Chinese trawlers
A large number of fishermen in Pakistan's Gwadar region recently demonstrated against the federal government for granting Chinese trawlers fishing rights in Gwadar by issuing them licenses, local media reports said
CREA analysis reveals major flaws in environmental paperwork of China-backed coal power project
A Helsinki-based Centre for Research on Energy and Clean Air has claimed that a Chinese-backed coal-fired power plant in Bangladesh is failing to ensure proper environmental inspections
Nepal to procure four million vaccines from China
Nepal will procure four million Covid-19 vaccines from China, and would launch another inoculation drive from July, media reports say
Completing China-Pakistan Economic Corridor a top priority: Imran Khan
Pakistan Prime Minister Imran Khan has termed the timely completion of the China-Pakistan Economic Corridor (CPEC) as one of the top priorities of the government and stressed that the government is taking steps to promote investment in the export industry in the Special Economic Zones
China never ‘invaded’ others, ‘greatly helped’ to preserve our ‘independence’, says Sri Lankan PM
China has “greatly helped” Sri Lanka to preserve its independence and the former never invaded other countries, Sri Lankan Prime Minister Mahinda Rajapaksa said on the very same day when India was marking the first anniversary of its bloody Galwan valley border clash with China
Sri Lanka president inaugurates hospital received as full grant from Chinese government
Sri Lankan President Gotabaya Rajapaksa on Friday declared open the China-Sri Lanka Friendship National Nephrology Hospital in Polonnaruwa, the second-largest city in the island nation’s North Central Province
Bangladesh signs deal with China to buy Sinopharm Covid 19 vaccine
Bangladesh has signed a deal with China to buy the Sinopharm Covid-19 vaccine, Health Minister Zahid Maleque said on Saturday
