Pakistan has decided to bring back via special flights its students stuck in Wuhan, China, ground zero of the novel coronavirus
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
Chinese Nationals In Nepal Should Follow Nepali Laws: Chinese Embassy
The Chinese embassy in Nepal has instructed Chinese nationals in Nepal to strictly abide by the laws and regulations and the lockdown measures adopted in Nepal
China-based Afghan traders, students assist health facilities
Afghan traders and university students residing and studying in China, have donated medical equipment cost some one million dollars to the ministry of public health, the ministry said
Sri Lanka to get another stock of test kits, medical supplies from China
China will be sending by air another stock of medical supplies, including test kits, to Sri Lanka tomorrow in response to the urgent need of the government, the Chinese Embassy in Colombo said
Can Beijing absorb the blowback of Wuhan Virus?
With the magnitude of deaths inflicted by the Wuhan Virus worldwide, a response is inevitable in due course of time in whatever form, writes Lt Gen P. C. Katoch (retd). for South Asia Monitor
No compromise on CPEC, says Pakistani official
The China-Pakistan Economic Corridor (CPEC) is a non-political international project and work for its completion is in progress on a fast pace, Special Assistant to Prime Minister on Information Lt-Gen (retd) Asim Saleem Bajwa has said
China must up its game in controlling its oil and gas resources better
As the world is at a long battle with the COVID-19 pandemic, the international oil market, being an area that is highly susceptible to geopolitics, emergencies, and fluctuation in the economy, is a key area that has been affected too
Chinese envoy intensifies political meetings in Nepal
Chinese Ambassador to Nepal Hou Yanqi has recently held political meetings with top leaders of ruling Nepal Communist Party (NCP) at a time when rift within the party has deepened
China sends additional aid to help Pakistan decimate locusts
Aid containing 300,000 litres of pesticides and 50 sets of equipment from China has reached Pakistan, waiting to destroy locust swarms that are evolving into their second generation, Sui Pengfei, Director of International Cooperation Department, Chinese Agriculture Ministry said at a press conference
India’s revised FDI policy in right direction; no appeasement for China
Chinese President Xi Jinping must have been surprised when he heard the news that Government of India has issued orders that any Foreign Direct Investment (FDI) from countries bordering India, including China, would be closely scrutinized and specific permission is required for such investment to take place
Chartered flight to bring in essentials from China to Maldives
Maldives' State Trading Organization (STO) has chartered a flight of the country’s national airline, Maldivian, to carry essential supplies from China
China to continue offering support to Nepal's COVID-19 fight
Chinese President Xi Jinping said on Monday evening that the Chinese side has been following the epidemic situation in Nepal, and will continue to firmly support its combat against the COVID-19 outbreak
Nepal President Bhandari, Chinese President Xi hold telephone conversation
Nepalese President Bidya Devi Bhandari held a telephone conversation with her Chinese Counterpart President Xi Jinping
China donates another batch of medical equipment to Sri Lanka
China has donated over another stock of essential medical equipment and supplies worth over Rs. 211 million to Sri Lanka to control and prevent the spread of coronavirus in the country
China to build two quarantine facilities with a 1,100 person capacity in the Maldives
Two construction groups from China have initiated reconstruct and build two quarantine facilities in the Maldives
