China is testing the world with its incursions into Indian territory but the tide is turning against Beijing, according to US Secretary of State Mike Pompeo
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
Three in every four smartphones shipped in India were Chinese in Q2
Despite the supply chain issues and curtailed domestic production owing to lockdowns, almost three in four smartphones shipped in India during the June quarter were Chinese, a new report said on Thursday
Leasing Hambantota Port to China helped ease debt burden: Former Sri Lanka PM
By leasing the “white elephant” Hambantota Port to China, the Yahapalana Government was able to free the people of Sri Lanka from the burden of debt owed to China, a burden too heavy for them to bear, Former Prime Minister Ranil Wickremesinghe said
Google has absolutely no links to China's military, asserts CEO Pichai
Google's Indian American CEO Sundar Pichai has denied the company has links to China's military and said it had only a “handful of people” in China working on open-source artificial intelligence project
China donates 50,000 face masks for Sri Lankan three-wheeler drivers
“To protect the three-wheeler drivers is to protect ourselves,” Hu Wei, Chargé d’affaires of the Chinese Embassy in Sri Lanka, said today donating 50,000 face masks for Sri Lankan three-wheeler drivers
India, China troop disengagement remains uphill task; India enhances deployment
Prospects of disengagement of troops at the disputed border between India and China appear to be dim and uphill
China imports all-time high PVC polymers from India amid border tension (Ld)
China imported record high PVC from India in June at a time when the two countries are locked in a tussle at the border amid calls for reducing trade flows
A regional bulwark a must to contain China's designs in South China Sea
In fact, China’s rising imperialist aggressions and assertions over the South China Sea, followed by China-India standoff, have prompted the US to display its awe-inspiring military power in the disputed waters of this region
A journey to the land of the Dalai Lamas
At a time when phrases like “Indo-Tibetan border” and “Tibet card” are frequently heard in the Indian discourse amid the continuing India-China military faceoff on the border, a travelogue by an intrepid Indian traveller takes us to the Sino-Tibetan frontier areas where deep reverence for the Dalai Lama brings tears to the eyes of Tibetans living there
Govt bans 47 more Chinese mobile apps
Nearly a month after banning 59 Chinese apps, the Indian government has barred 47 more Chinese apps from operating in the country, which were largely clones of the previously banned apps, sources said
Tibetans, Uyghurs, Indians protest against China in Canada
Canadian Tibetans, Uyghurs and Indians led a major protest against Beijing outside the Chinese Consulate in Vancouver
Indian spy satellite passes over Tibet, China mobilises troops
India's premier intelligence-gathering satellite EMISAT, operated by the Defence Research and Development Organisation (DRDO), has taken a good look at the positions of the Chinese People's Liberation Army (PLA) in occupied Tibet
China has built new structures in Pangong Tso area
A month and a half after the violent face-off with Indian soldiers along the Line of Actual Control (LAC) in Ladakh, Chinese troops have disengaged but built and retained several news constructions in the Pangong Tso area, as per the latest satellite images
More steps likely to check China re-routing goods into India
India is looking at ways to restrict inward shipment of goods from China which are being re-routed through other countries such as Singapore and Malaysia with which New Delhi has trade agreements
Ten Chinese nationals hospitalised with COVID-19 in Bahawalpur
Ten Chinese engineers and workers were admitted to the hospital after they tested positive for coronavirus here on Friday
