In what seems a temporary respite for Sri Lanka’s dwindling forex reserve, the Central Bank of Sri Lanka (CBSL) has signed a $1.5 billion currency swap agreement with China, reported Colombopage
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More on Economy, Trade and Development
Chinese nationals in Sri Lanka to get priority vaccination
Authorities in Sri Lanka will administer the Chinese-made Sinopharm COVID-19 vaccines first to Chinese nationals living in the country
US, India to expand defence and security cooperation - with China in mind
As part of expanding global security cooperation between the world's oldest and largest democracies, India will intensify military cooperation with the US Central Command in Florida and with the US Commands in the Indo-Pacific region and Africa
US Defence Secretary Lloyd Austin in Delhi to discuss ‘pressing’ Indo-Pacific 'challenges'
US Defence Secretary Lloyd Austin arrived here on Friday for discussions on cooperating to face “most pressing challenges” in the Indo-Pacific, an euphemism for China’a maritime muscle-flexing in the region
UK PM Johnson to visit India, discuss China threat
Calling the Indo-Pacific "increasingly the geopolitical centre of the world", United Kingdom Prime Minister Boris Johnson will visit India in April to ostensibly create a democratic counterweight to China
China says Quad reflects 'ideological bias'
China has accused the Quadrilateral Security Dialogue (QUAD), a four-nation grouping comprising Australia, India, United States and Japan, of "ideological bias and cold war mentality" and described it as a clique based on an ideology that is "detrimental to the border"
China steps up cyber-attacks after Ladakh disengagement
Indian government organisations such as Computer Emergency Response Team (CERT-IN) and National Critical Information Infrastructure Protection Centre (NCIIPC) have reported that Chinese hackers have attempted to infiltrate the country's cyberspace after troops from the two neighbours disengaged from Pangong Lake in eastern Ladak
Sri Lankan flag on doormat: Colombo raises objection with Beijing
A controversy erupted in Sri Lanka on Friday when people in Sri Lanka noticed that Amazon, an online platform, was selling doormats with imprinted Sri Lankan flag on them, reported Colombopage
IMF closely monitoring Lanka’s $1.5 billion currency swap with China
The International Monetary Fund (IMF) has said that they are “closely monitoring” the Sri Lanka’s recent currency swap deal of $1.5 billion with China, reported Colombopage
Islamist groups ask Bangladesh government to sever ties with China over 'Uighur Muslims brutality' issue
Islamic political parties have called upon the Bangladesh government to sever all diplomatic ties with China, owing to alleged persecution of Uighur Muslims in the country
US defence secretary to visit India to discuss security partnership, China threat
On the heels of the Quad summit, US Defence Secretary Lloyd Austin will visit India next week to confer with Defence Minister Rajnath Singh as the US focuses on China as an emerging threat, according to a Pentagon official
China harvesting 20% of world's data, including from India
As the virtual private network (VPN) usage grows in countries like India and South Asia to have a more secure and private Internet browsing experience, a new report has warned that Chinese government have access to massive sets of data like private emails, messenger conversations and personal records, as most of the VPNs being used are Chinese-owned, a new report has warned
Quad to harness India's vaccine capability, secure free and open Indo Pacific
Leaders at the first Quad summit committed Friday to harness India's vaccine manufacturing prowess in what Prime Minister Narendra Modi called a “landmark” partnership to deliver a billion doses to the Indo-Pacific region and beyond as the four-nation group eyes a broader cooperation agenda centred around their common democratic ethos
Quad a force for global good, united by democratic values, says Modi at four-nation virtual summit
“The Quad has come of age,” Indian Prime Minister Narendra Modi declared on Friday at the summit of their leaders to take the group to a next level of enhanced cooperation between the four countries - the US, Australia, Japan and India
China should have no role to play in deciding Dalai Lama's successor:US
The United States has said China should have no role to play in deciding the successor of spiritual leader Dalai Lama
