Work on the China Pakistan Economic Corridor’s (CPEC) first hydropower project is now 88 percent complete, its top official 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
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Bangladesh receives 500,000 doses of Chinese Sinopharm vaccines
Bangladesh received 500,000 doses of Sinopharm COVID-19 vaccine on Wednesday from China, reported The Daily Star
“We decide our foreign policy”: Bangladesh responds to Chinese threat over Quad
Bangladesh is an independent, sovereign country and we decide our own foreign policy, said Bangladesh’s Foreign Minister AK Abdul Momin, in response to what seemed like a threatening comment by the Chinese envoy over Quad
Bangladesh won’t get commercial supply of Chinese vaccine so soon, says ambassador
Bangladesh will have to wait for some time to get the first commercial supply of Covid 19 vaccines from China, according to Chinese Ambassador in Dhaka Li Jiming
China warns of damage to bilateral ties if Bangladesh joins Quad
China has warned Bangladesh that their bilateral ties would be "substantially damaged" if Dhaka participated in any form in the Quadrilateral Security Dialogue, better known as Quad
Circular debt hits CPEC projects
The China Pakistan Economic Corridor (CPEC) power projects have been affected by circular debt and the Pakistani government has not been able to clear Rs 188 billion due payments in breach of a bilateral energy framework agreement, media reports said
China to create 'line of separation' on Mount Everest over COVID-19 fear in Nepal
As the Everest base camp in Nepal reported several COVID-19 cases, China has decided to create a “line of separation” at the summit to prevent climbers from COVID-19 hit Nepal from mingling with those from the Chinese side
China 'working closely' for co-production of Covid vaccine in Sri Lanka
China has said it was working closely with Sri Lankan authorities to encourage collaboration among biotech companies of the two countries to produce a covid vaccine in the island nation
China reluctant to approve loan to Pakistan citing mounting debt
Expressing concern over Pakistan’s growing debt, China has shown reluctance to approve USD 6 billion loan for the Mainline-I (ML-I) railway track -- the single largest project under the China-Pakistan Economic Corridor -- according to the record of a meeting and senior Pakistani officials, Express Tribune reported
Chinese Covid vaccine processed in Pakistan to be available by May end: Minister
The first batch of a Chinese made Covid 19 vaccine being processed in Pakistan would be available for use by May end, a senior Minister said
Pakistan witnessing sharp decline in pangolin numbers due to Chinese demand
Pakistan's deep bond with China also costs its wildlife species
$354 million power extension project in Pakistan awarded to Chinese firm
Authorities in Pakistan have awarded a hydropower extension project worth $354 million to a Chinese firm, reported Dawn
US lawmaker welcomes India's decision not to allow Chinese telecom companies for 5G trials
A top US lawmaker has welcomed India's decision to not allow Chinese telecom companies to conduct 5G trials in the nation, a move seen as a strong message sent to Beijing by New Delhi
With China in mind, India, Australia, France vow to create rules-based Indo-Pacific
India’s External Affairs Minister S. Jaishankar, France’s Minister for Europe and Foreign Affairs Jean-Yves Le Drian, and Australia’s Minister for Foreign Affairs Marise Payne met in London for the first India-France-Australia Trilateral Ministerial Dialogue on 4 May on the sidelines of the G7 Foreign Ministers’ Meeting where they once again reiterated the commitment to advance shared values and working together to achieve a free, open, inclusive and rules-based Indo-Pacific
Pakistan to seek debt restructuring from China
In a bid to preempt any possibility of raising power tariff, Pakistan will seek debt restructuring of USD 3 billion against the China-Pakistan Economic Corridor (CPEC) energy projects, a top official said
