The World Bank revealed that Maldives was included among nine countries ranked to be in debt distress or at high risk as a result of loans from China
What Trade Patterns Reveal About South Asia’s Economic Future
One of the most striking features of South Asian trade is how little the region trades internally. Intra-regional trade within South Asia remains among the lowest in the world relative to geographic proximity. Political tensions — especially between India and Pakistan — have prevented the emergence of a deeply integrated regional production system comparable to ASEAN or the European Union. This is a major missed opportunity.
The West Asia Conflict: Challenging Times for Indian Economy
Scarcity of cooking fuel is pushing people, particularly across South Asia, toward hunger. Livelihoods have been lost among the large unorganised labour force while thousands of self-employed street vendors, smaller restaurants and eateries are being forced to close shop, facing a scary, insecure future. For middle class households across India, everyday snacks like the samosa or dosa have become scarce because of shortage and high prices of cooking gas cylinders.
New EU Medicines Law Could Impact FTA With India
India is one of the world’s largest suppliers of generic medicines and APIs to Europe. If the EU begins favouring “Made in EU” pharmaceutical production through procurement preferences, subsidies or state aid, Indian drug manufacturers could face reduced access to EU public procurement contracts and tougher supply-chain resilience requirements.
Caught in Geopolitical Quagmire, West Asia Crisis Looms Large Over Indian Supply and Demand Metrics
India’s pharma export market has been affected as India supplies medicines to more than 200 countries. Supply chain interruption not only hurts Indian producers but also creates medicine scarcity in the US, UK, and African markets that highly depend on Indian generics. From the logistics end, re-routing of cargo away from conflict-ridden corridors such as the Red Sea and Strait of Hormuz has increased freight insurance premiums, distressing Indian exporters who function on lean cost structures.
More on Geoeconomics, Trade and Development
India should not hesitate to start a trade war with China
Certainly, a trade war with India would not destabilise the Chinese economy in a big way, but it would cause concern to China, writes N.S.Venkataraman for South Asia Monitor
Nepal also has boundary issues with China
Pressure is mounting on Nepal to deal with boundary issues with China on a similar level as it did with India over its claim of Limpiyadhura, after media reports that several of its Himalayan villages are now in Chinese territory
New camps set up by China, India deploys more troops in Eastern Ladakh
The situation in the four flashpoints -- Galwan Valley, Hot Springs, Depsang and Pangong Lake -- in Eastern Ladakh is still tense despite military-level talks between India and China ending on a positive trajectory, sources said on Thursday
Government of China, Chinese Embassy were donors to RGF led by Sonia Gandhi
A startling revelation has come to light that the government of the Peoples Republic of China and the Chinese Embassy in India have been funding the Rajiv Gandhi Foundation (RGF) led by Congress President Sonia Gandhi, reports IANS
Ladakh clashes: China hindered Indian patrols, attempted changes in status quo, says MEA
The stopping of India's "normal, traditional patrolling pattern" in the Galwan Valley area by Chinese troops in early May led to a tense situation across the Line of Actual Control and caused the relationship between two countries to deteriorate, India's Ministry of External Affairs said on Thursday
'CPEC to be game-changer for Pakistan's Balochistan'
The China-Pakistan Economic Corridor (CPEC) will be a game-changer for Pakistan's southwest Balochistan province, according to experts
Pakistan signs $2.4bn tripartite agreement with China for Kohala hydropower project
A tripartite agreement was signed on Thursday between a Chinese company and the governments of Pakistan and China for construction of a 1,124 megawatt hydropower project in Kohala costing $2.4 billion
Survey document shows Chinese encroachment in seven districts of Nepal
Nepal's Ministry of Foreign Affairs and the agriculture ministry have refuted media reports of encroachment of Nepali territory by China on the northern border, but a document issued by the Survey Department of the Ministry of Agriculture in 2017 shows that China had encroached 36 hectares of Nepal’s territory at 10 places along the northern border
China donates the third batch of COVID-19 medical aid to Sri Lanka
China on Wednesday donated its third batch of medical aid to Sri Lanka to help the country fight the COVID-19 epidemic to control and prevent the spread of coronavirus in the country
China tries to pacify families of 'unsung' PLA soldiers killed in Ladakh
China is attempting to pacify the aggrieved families of the Chinese soldiers who were killed in clashes with Indian troops along the Line of Actual Control (LAC) in Ladakh's Galwan vVlley, without any official recognition from Beijing
Chinese brands fear acute shortage, price hike as containers stuck
Smartphone brands in India on Thursday said that if their containers carrying essential parts, components and accessories from China are not cleared by customs soon, there will be massive shortage and end users will only suffer
China says India betrayed accords, consensus
China on Thursday once again claimed the violent face-off along the Line of Actual Control (LAC) in Ladakh was caused by India's "betrayal of consensuses and unilateral provocations" and that it "took place on the Chinese side"
Chinese guests not allowed in Delhi budget hotels
Chinese nationals will not be able to access budget hotel or guest house accommodation in the national capital, as the tussle between the Asian giants has led to an avalanche of anti-China sentiment in India
PLA troops return to Galwan Valley, defying mutual consensus to disengage
Defying the agreed mutual consensus to disengage, Chinese People's Liberation Army troops have returned to Patrolling Post 14 on the Line of Actual Control in Galwan Valley in eastern Ladakh where the barbaric June 15 attack, in which 20 Indian Army soldiers were killed, occurred
