Discussions are underway with China to obtain a loan facility of USD 700 million, state minister of money Ajith Nivard Cabraal has said
Strong Defence Ties, Yet Limited Trade: The India–Vietnam Economic Puzzle
One highlight is VinFast, Vietnam's electric vehicle producer, announcing an investment commitment of US$500 million for a manufacturing plant in Tamil Nadu in south India. The company has also engaged its Indian supply chain with more than 300 local suppliers, aligning with the host country’s domestic industrialization agenda.
Sri Lanka’s Indirect Taxes are Among the Highest in the World: Negatively Impacting Middle Class
Sri Lanka is already seeing signs of higher inflation together with expected slowdown in overall GDP growth during next two years. But the worst impact is going to be gradual shrinking of the middle class and increase in poverty.
Building ASEAN–India Integration Through Digitalization: A Bridge to Strengthen Economic Relations with Southeast Asia
ASEAN–India integration through digitalization is therefore not merely a technical choice. It is a strategy to strengthen competitiveness, expand economic self-reliance, and build a stronger position within the Indo-Pacific economic order.
India's Poverty Reduction: But Is It Translating into Shared Economic Prosperity?
India has demonstrated that economic growth, social transfers and improved access to essential services can substantially reduce extreme deprivation. But the next stage will be considerably more demanding. It requires a different pattern of growth: one that creates productive jobs, raises real wages, increases women's economic independence and distributes the gains from growth more widely
More on Geoeconomics, Trade and Development
Rohingya: Dhaka wants Suu Kyi to join talks in Beijing
Bangladesh wants Myanmar leader Aung San Suu Kyi to be present at a tripartite meeting in Beijing, as proposed by China to discuss Rohingya repatriation issues
Maldives economic minister does not support China-Maldives FTA
The Free Trade Agreement established between Maldives and China during the administration of former president Abdulla Yameen Abdul Gayyoom will hinder trade relations with other countries, Maldives’ Economic Minister has stated
Nepali Congress-led team reports Chinese encroachment in Humla
A team led by Nepali Congress lawmaker of Karnali Province Jeevan Bahadur Shahi that returned from an 11-day visit to Nepal-China border in Humla district has accused China of encroaching Nepal’s territory in the district
China grants Sri Lanka $89 million for the well-being of people after high-level visit
China announced Sunday that it was providing a 600 million RMB Yuan ($89.6 million) grant assistance to Sri Lanka for the well-being of Sri Lankan people
China's BRI promised prosperity, gave debt trap to countries like Pakistan, Sri Lanka, Maldives
Several countries like Sri Lanka, Zambia, Djibouti, Laos, Maldives, Republic of Congo, Tonga, Pakistan and Kyrgyzstan, among others, where China has invested through its much-hyped Belt and Road Initiative (BRI) have run into serious financial threat and debt trap, contrary to the expectation that the infrastructure exercise would help in their economic growth
Pakistan's Orange Line metro train project under CPEC completed
The Orange Line Metro Train project in Lahore under the China-Pakistan Economic Corridor (CPEC), has been completed and was delivered to the Pakistani side, it was announced
Sri Lanka PM seeks China’s support to rebuild investor confidence and tourism industry
A seven-member high-level Chinese delegation led by former Chinese Foreign Minister and current member of the Communist Party Political Bureau Yang Jiechi called on Prime Minister Mahinda Rajapaksa at Temple Trees Friday (Oct 09)
'Sri Lanka aims to bring about development of country similar to China'
The head of the high-level delegation from the People’s Republic of China, who is currently visiting Sri Lanka has assured that China will continue to assist Sri Lanka for the success of the country’s development drive
Pharma imports from China handicap India's security: Madras High Court
The Madras High Court has observed that dependence on China for Active Pharmaceutical Ingredients (API) handicaps India in responding to security and other breaches by the Communist country
Quad meeting rattles China
The second meeting of foreign ministers of the Indo-Pacific Quad comprising India, Japan, Australia and the United States has rattled China, which appears to be groping for a suitable response
Chinese delegation assures continuous assistance towards Sri Lanka’s development
A high-powered Chinese delegation led by former Chinese Foreign Minister and the current Communist Party Political Bureau Member Yang Jiechi had conveyed to President Gotabaya Rajapaksa, fostering and further developing the relations between Sri Lanka and China is Chinese President Xi Jinping’s priority
Majority in advanced world perceive China negatively: Pew survey
Majority of the people in the 14 most economically advanced countries have a negative view of China, especially since the outbreak of the Coronavirus pandemic, as per the latest survey of the Pew Research Center
High-powered Chinese delegation to visit Colombo
A high-powered Chinese delegation led by former Chinese Foreign Minister and the current Communist Party Political Bureau Member Yang Jiechi, is expected in Colombo today (Oct. 08), the Foreign Ministry said on Wednesday (Oct. 07)
As consensus fails, Indian, Chinese soldiers battle minus 20-degree temperatures
Temperatures at critical mountain peaks and passes in the Himalayas along the disputed India-China border have dropped to minus 20 degrees Celsius, presenting a fresh challenge to the thousands of troops deployed on both sides
