One such opportunity lies in the realm of electric vehicles (EVs). Both India and China are on the cusp of transformative shifts in transportation, and the adoption of EVs could play a pivotal role in sustainable development and poverty alleviation in India. As India considers domestic EV manufacturing in collaboration with Chinese companies such as BYD, Leapmotor, and NIO, the potential for job creation, trade, and technology transfer is enormous. Chinese expertise in EV technology could help India meet its ambitious environmental goals while bolstering economic growth.
In such a scenario, closer engagement with Beijing, does not mean that New Delhi needs to abandon its call for open sea lanes and unhindered movement through the South China Seas, or its support to QUAD, or participate in the naval exercises in the Pacific, or disown His Holiness the Dalai Lama, or break trade and other contacts with Taiwan, to name a few. Each is critical to crafting India's foreign and security policy towards China, the ASEAN, and the Indo-Pacific.
Trump's strategic motivations would likely involve promoting a pro-American government in Dhaka, with Modi playing a role in shaping Bangladesh’s political future. This could open up avenues for joint Indo-US ventures in Bangladesh, possibly even enabling American companies to facilitate energy projects connecting Nepal’s hydropower resources through India to Bangladesh.
Michael Kugelman, a senior fellow at the Washington-based Wilson Centre, noted in a Foreign Policy Brief that the Biden administration’s growing engagement with countries like Sri Lanka, Nepal, and the Maldives, “marks a shift for Washington, which in recent decades has expended most of its diplomatic capital in the region on India, Pakistan, and Afghanistan.”
Beijing also seems nervous as its earlier run, largely on the back of support of the now-discredited Rajapaksa brothers, appears to have come to an end. Unlike earlier, a crisis-hit Sri Lanka in need of assistance is more eager than any time before in recent years to embrace India, the West, and the United States.
Kim Jong-un's new strategy shifts the region's counter-reaction to a new level of risk that will invite changes in the dynamics of the military spectrum, writes Collins Chong Yew Keat for South Asia Monitor
The summit is taking place under the shadow of the Russia-Ukraine conflict. It is also taking place at a time when relations between China and the Quad member countries have become fraught, with Beijing increasingly challenging democratic values and resorting to coercive trade practices.
A review of Quad initiatives is one of the key agendas for the four world leaders, an Indian government statement quoted the prime minister as saying before his departure. The grouping includes the world’s oldest and largest democracies — Japan, India, Australia and US — and represents a combined GDP of $34 trillion, or 40 per cent of the global total.
Bachelet, during her China visit between 23-28 May, will “meet with a number of high-level officials at the national and local levels, civil society organizations, business representatives, academics, and deliver a lecture to students at Guangzhou University,” the statement released by her office said on Friday
But what came as surprise amid this report was the Chinese state media's defence of India after criticism from Group of Seven (G7) nations, ANI news agency said. Global Times, a Chinese government outlet said, "Blaming India won't solve the food problem."
Chinese firms also raised objections to Pakistan’s new draft renewable energy policy, which, interestingly, calls for international competitive bidding—something the Chinese have been advocating in the Sri Lankan power sector, mainly to counter Indian influence
In his book "India-China Boundary Issues", late Indian diplomat R S Kalha observed that, "China will continue its policy of keeping India strategically confined to South Asia with the active assistance of Pakistan, and strategically imbalanced by continuing incursions across the LAC.In such an event, there is little change that there will be any meaningful forward movement in the settlement of the boundary dispute between India and China."
“Earlier, we used to say Chinese have strategic patience. They are ready to wait. Now, the present India has come up a long way and we also have strategic patience and we are also ready to wait,” he said
Currently, the total trade between India and China is exchanged through US dollar per se. As the Chinese yuan is not a global currency, it is more stable than the US dollar, writes S. Majumder for South Asia Monitor
Significantly, Colombo is also seeking bridge financing through bilateral means from India and China as the negotiations with the IMF will take at least three-four months. So far, New Delhi has provided assistance worth $2.4 billion dollars in form of lines of credits and loan repayment deferment.
“Conventional security for CPEC projects is essential, but state institutions cannot ignore the strategic and political context. Cursing external elements alone cannot solve the problem,” Muhammad Ameer Rana, a security expert, wrote in Dawn. He suggested engaging with the Baloch people to address their concerns, the most prominent among them are the cases of missing people.
Xiaomi India is a trader and distributor of mobile phones in India under the brand name MI. It procures the completely manufactured mobile sets and other products from the manufacturers in India. "It has not availed any service from the three foreign-based entities to whom such amounts have been transferred," the ED said.
But there was no clarity on what China meant by allowing the return of "some" Indian students, when over 23,000 Indian students, mostly studying medicine in Chinese colleges, are stuck in India after they returned home as the coronavirus broke out in China in December 2019
