BRICS finance

Beyond De-Dollarisation: Payment Diversification and Debt Resilience for Global South Nations

India could potentially become a bridge between regional economies and the wider Asian and Global South payment architecture. Greater interoperability could support remittances, tourism, trade and financial inclusion while reducing some transaction costs.

Critical Minerals: The New Oil of the 21st Century?

Critical minerals are not literally the new oil, but they may play a comparable role in defining the balance of power. The race has already begun, and India’s preparedness will determine whether it merely secures access to the resources of the new century or helps shape the industrial order that emerges from them.

Trade Pivot Weakens Pakistan’s Grip on Afghanistan, as Others Move in

Afghanistan has sought to limit or reduce its structural vulnerability by moving trade through Iran’s Chabahar Port and Central Asian corridors. Kabul is realigning Afghanistan’s external economic geography by looking towards Iran, Central Asia, China and India.

India's Sugar Economy and Ethanol Politics: The Demand-Supply Imbalance Threatens to Mar Festival Season

The current rise in Indian sugar prices is the result of several factors rather than ethanol alone. Lower-than-expected production—from an initial estimate of 343 LMT to about 306 LMT—is central to the supply concern. Weather damage, disease, festival demand, global prices and market speculation have added to the pressure.

More on Economy, Trade and Development

China terms Indian minister's statement as 'unwitting confession'

Minister and former Indian Army chief Gen (retd) V.K. Singh's comment about Indian troops crossing the Line of Actual Control (LAC) has sparked a war of words between the two countries, prompting Beijing to blame New Delhi for the military tension on the borders

Nepal's trade with China struggles to bounce back

When the Tatopani-Khasa border point reopened on May 29, 2019, after remaining closed for four years following the 2015 earthquakes, there were hopes that bilateral trade with China would bounce back

China’s CanSino Covid vaccine efficacy in Pakistan almost 75%: PM's aide

Special Assistant to the Prime Minister (SAPM) on Health Dr Faisal Sultan on Monday said that CanSino Biologics Inc’s coronavirus shot has an efficacy rate of 65.7% at preventing symptomatic cases based on multi-country analysis, making it the latest vaccine candidate to show protection against COVID-19

China donates COVID-19 vaccine for Pakistan's armed forces

The Inter-Services Public Relations (ISPR) said that the People's Liberation Army (PLA) had donated vaccines, making Pakistan's military the first foreign military to receive vaccine assistance from Beijing

China pressurised Nepal to accept its Covid vaccine: Leaked documents

Leaked documents of correspondence between Nepal's Ministry of Foreign Affairs and the Chinese Embassy in Kathmandu show that Beijing had put pressure on the Himalayan country to accept its Covid vaccine without its efficiency and efficacy being established

China builds 'Digital Silk Road' to bypass India for Pakistani internet traffic

As part of the broader Chinese Belt and Road Initiative (BRI), China is set to lay the final stretch of a cross-border fiber optic cable in Pakistan that will create the Digital Silk Road, serving the geostrategic interests of both countries, Nikkei Asia reported

Sri Lanka's engine drivers boycotting Chinese made train carriages

China has rejected claims that Chinese-made railway carriages pose a threat to passengers in Sri Lanka

China sees India and US as rivals, will try to browbeat both

China will try to assert itself more across the world as it now feels confident that it has the economic, political and military capabilities to ensure that its views are heard on the global stage

China 500K COVID-19 vaccines to Nepal

China has announced that it will provide half a million doses of the COVID-19 vaccine to Nepal

Sri Lanka showing signs of falling deep into Chinese trap

A U-turn on the Colombo port's East Container Terminal and then an attempt to create negativity around the India-supplied COVID-19 vaccine signals that there could be more powerful forces than just mere trade unions and some local groups which are nudging Sri Lanka to adopt an aggressive stand against India right now

Nepali traders acuse China of imposing ‘undeclared blockade’

Nepali traders have accused China of conducting an 'undeclared trade blockade' as their merchandise-laden container trucks have not been allowed to cross the border into Nepal for the past 16 months

New leap of Chinese economy beneficial for China-Pakistan cooperation

At the beginning of 2021, there comes encouraging news from China. According to the preliminary calculation of the National Bureau of Statistics of China, China’s GDP in 2020 reached 101.6 trillion yuan (around 14.7 trillion USD), increased by 2.3% from 2019. For the first time, China's GDP exceeded the 100-trillion-yuan threshold?achieving a historic leap

Was the military coup in Myanmar to forestall China?

The Myanmar army may not be comfortable with the manner in which the NLD has given in to China for the China-Myanmar-Economic Corridor (CMEC), which is an invitation for the People’s Liberation Army to establish in Myanmar, like Pakistan, including Chinese marines posted at Kyaukphyu port like in Gwadar of Pakistan, writes Lt Gen Prakash Katoch (retd) for South Asia Monitor 

Chinese hand behind scuttling of ECT port deal?

A day after the Sri Lanka government decided to operate the East Container Terminal (ECT) of Colombo Port locally after tremendous pressure from trade unions, India seems to see a Chinese hand in orchestrating and funding the protests against the ECT deal by the trade unions in Sri Lanka

Pakistan government bulldozes CPEC Authority bill through National Assembly

Helped by National Assembly Speaker Asad Qaiser, the government on Monday hurriedly passed three bills, including the one seeking establishment of the China-Pakistan Economic Corridor (CPEC) Authority, amid ruckus by the opposition members