China is frustrated with India in Ladakh because a journey that used to take 16 to 18 days for the Indian Army to reach the Line of Actual Control (LAC) in 1962 takes just a day today
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
No pullback of Chinese troops, material from Pangong Lake, Depsang
The Indian military sees no pullback of Chinese People's Liberation Army troops and material from Pangong Lake and Depsang in eastern Ladakh, knowledgeable sources told IANS on Tuesday
CPEC will be a game-changer: Pakistan PM
Pakistan Prime Minister Imran Khan has said that China-Pakistan Economic Corridor (CPEC) will be a "game-changer", bringing unprecedented prosperity and progress to the country
Both Indian, Chinese troops retreat 2 km each in Galwan
Both Indian and Chinese troops have retreated two kilometres each along the Line of Actual Control (LAC) in the Galwan Valley, where 20 Indian and an unknown number of Chinese soldiers were killed in a violent face-off last month
Nepal's Chinese conundrum: The imbalance and debt trap
China's cheap loans to Nepal in the garb of infrastructure development to facilitate trade will lead to another debt trap, concerned Indian government sources have said
Nepal-China border opens for cargo trucks
After six months of closure, Rasuwagadhi-Kerung, a key crossing point for bilateral trade between Nepal and China, was reopened on Monday
30,000 Indian troops in eyeball-to-eyeball confrontation with Chinese
Around 30,000 troops of Indian Army are in an eyeball-to-eyeball confrontation with Chinese troops along the Line of Actual Control (LoC) in Ladakh, following the additional deployment of three brigades since the violent face-off last month
Seriously injured Indian soldiers shifted out of Ladakh
Around 40 Indian soldiers who were seriously injured in the violent face-off with Chinese troops in the Galwan Valley along the Line of Actual Control (LAC) last month had been moved for specialized treatment to Chandigarh and New Delhi ten days before the Prime Minister Narendra Modi visited Ladakh on Friday
Tibetan body digs out rights violations by China in new report
Whatever China might do -- attack neighbours, badmouth countries, sink fishermen's boats or even fly medicines across a world crippled by coronavirus -- the stain of the pandemic refuses to leave Wuhan, and China
China mulls unblocking Khunjarab border with Pakistan to let stuck-up freight cross
China is mulling temporarily reopening of Khunjarab border with Pakistan to allow movement of freight vehicles, stuck up due to coronavirus lockdown, its envoy said on Saturday
Containing China’s aggressions: Need for a united front
Indeed, China has gone astray from peaceful ascendance and has taken recourse to grabbing lands, maritime channels, and air space of many other countries
Gwadar International Airport construction underway, confirms CPEC chairman
China-Pakistan Economic Corridor (CPEC) Chairman Asim Saleem Bajwa on Saturday said the Gwadar International Airport construction is underway
Chinese hand in Pakistan's Gilgit-Baltistan move hits separatists' plans
The controversial proposal to 'annex' Gilgit-Baltistan region of Pakistan-occupied Kashmir (PoK), which is to change the semi-autonomous status of the region, is being pushed by Pakistan to help China secure the China-Pakistan Economic Corridor (CPEC), Indian security agencies have told the government
Pakistan reiterates support to 'One China Policy'
Pakistan Foreign Minister Shah Mahmood Qureshi has reaffirmed Islamabad's extended support to China's "One China Policy", along with a complete alliance against India
CPEC to be completed at all costs, says PM Imran Khan
Prime Minister Imran Khan vowed on Friday that the government would complete the ambitious China Pakistan Economic Corridor (CPEC) project at any cost and pass its benefits to the nation
