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
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.
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Nepal President Bhandari, Chinese President Xi hold telephone conversation
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China includes Arunachal Pradesh in its updated map
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China slams India's new FDI norms, says it violates WTO rules
Just days after India amended the Foreign Direct Investment (FDI) policy to check opportunistic takeovers of Indian companies amid the Covid-19 pandemic, China on Monday criticised the move and said that it violates the World Trade Organizations principle of non-discrimination
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Chinese investment under scanner, as India tweaks law post-Covid
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 arrives in Sri Lanka
Another Chinese plane carrying medical aid for Sri Lanka arrived at the Bandaranaike International Airport in Katunayake Friday evening
Unable to get India to sign up for BRI, China penetrates through tech
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)
