A 10 billion yuan (about 1.5 billion US dollar) swap line for Sri Lanka’s central bank with the People’s Bank of China amount to 10 billion yuan is in an advanced stage, State Minister for Money and Capital Markets Nivard Cabraal said
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.
Can Iran's Chabahar Help Turkiye and India do Business?
Chabahar will not transform Türkiye–India relations. It can, however, show whether two countries with serious political disagreements are capable of making one difficult commercial route work.
Are Neoliberal Policies Slowing Down Sri Lanka's Growth?
Sri Lankan economy is heading for a phase of slower growth due to neoliberal policy framework. Policy planners must rethink the suitability of neoliberal policies for a small developing country like Sri Lanka.
More on Economy, Trade and Development
'Chinese Army uses nomads to transgress into Indian territory'
The Chinese People's Liberation Army (PLA) is using nomads in Ladakh to transgress into Indian territory while the Indian Army has restricted its own nomads to pasture lands, severely impacting the lives of locals, the Ladakh Hill Development Council has flagged to Defence Minister Rajnath Singh
Citing India, Trump blocks eight Chinese apps over national security
Taking India's example of banning more than 200 Chinese apps, US President Donald Trump has signed a new executive order that blocks transactions with Chinese companies running eight apps, including Jack Ma-owned Ant Group's Alipay, Tencent's QQ and WeChat Pay applications
'China used 'unorthodox weapons', made unilateral attempts to change status quo at LAC'
China's People Liberation Army escalated the situation at Line of Actual Control in Eastern Ladakh by utilisation of "unorthodox weapons and amassing large number of troops", said India's Ministry of Defence in its year-end review
China’s foreign aid agency is all set to make foray into Nepal
For the first time, China’s external aid and development agency, China International Development Cooperation Agency (CIDCA) is making a foray into Nepal, pledging to finance 15 pilot development projects in 13 northern districts of the country
US asks China to end aggression against India and in Indo-Pacific
The US Congress through a bipartisan law, the National Defence Authorisation Act (NDAA) 2021 has condemned China for its aggression in eastern Ladakh
Pakistan to push agriculture sector in the next phase of CPEC
Pakistan’s Prime Minister Imran Khan announced that the next phase of CPEC would include the country’s agriculture sector, and it would emphasize increasing agricultural products in the country
China continues to invest in Pakistan
Year 2020 proved to be yet another period of misunderstanding the China-Pakistan Economic Corridor (CPEC)
Tibetan exiles vote to elect their next 'Prime Minister'
Tibetan exiles across the world on Sunday voted to elect their new 'Sikyong' or Prime Minister as well as members of the Tibetan Parliament-in-exile based here in this northern Indian hill town in Himachal Pradesh state
Next phase of CPEC to include agricultural sector: Pakistan PM Imran Khan
Pakistan Prime Minister Imran Khan said on Friday that the next phase of the China-Pakistan Economic Corridor (CPEC) would lay emphasis on the agricultural sector
Locals protest China-sponsored project in Nepal
Locals have been protesting against China-sponsored Damak Clean Industrial Park in Damak Municipality, demanding adequate compensation for the acquired land and transparency regarding the Chinese investment project located in Prime Minister KP Sharma Oli’s home constituency Jhapa-5
Pakistan to purchase vaccine from China's Sinopharm
Pakistan has decided to pre-book a COVID-19 vaccine from Chinese state-owned company Sinopharm for emergency use for healthcare workers, the Ministry of National Health Services, Regulations and Coordination said on Thursday
Chinese, Pakistani FMs agree on need to deepen cooperation
Pakistan and China on Thursday decided to deepen their cooperation and work together for peace and stability in the region
Goods ‘worth billions’ stuck at Nepal's China border
A huge volume of goods destined for Nepal is stuck on the China border due to restrictions in movement along the northern border
China denies seeking guarantees from Pakistan
After reports emerged about Pakistan's ally and "all-weather friend" China asking Islamabad to provide guarantees if it intends to avail the $6 billion package; Beijing has rejected "what it called rumors" of gradually ending financial support to Pakistan, pledged under the China Pakistan Economic Corridor (CPEC)
