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
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
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
China and Afghanistan join hands against COVID-19 in strengthened BRI cooperation
While COVID-19 continues spreading around the world, world economies all face huge challenges. A few days ago, China successfully held the High-Level Video Conference on Belt and Road International Cooperation
India's Reliance Jio praised as 'clean' by US for spurning Huawei
While ramping up the international campaign against Chinese telecommunications manufacturer Huawei, US Secretary of State Mike Pompeo has declared India's Reliance Jio a "clean" network for not using the Chinese company Huawei's equipment, keeping it safe from Beijing's intelligence intrusions
Tibetan refugees in Ladakh come out strongly in India's support
As the situation is unfolding along the Line of Actual Control (LAC) in Ladakh, a groundswell of support for India has come from a small group of Tibetan refugees in Leh
What does Nepal PM have to say about ‘encroachment by China’?
While the Prime Minister has been trying to spark nationalism by alleging Indian encroachment in border areas with the southern neighbour in order to divert attention from allegations of poor governance, corruption and questionable handling of the coronavirus crisis, he has not uttered a word on encroachment of Nepali land by the northern neighbour, The Himalayan Times asked
