The United States has placed several subsidiaries of China Communications Construction Company (CCCC), the ultimate parent of China Harbhour Engineering which building an artificial city extending Sri Lanka’s capital Colombo, on an export blacklist
India’s Balance-of-Payments Challenge: Need for Structural Transformation in Uncertain Times
India possesses immense talent, entrepreneurial capacity, and a large domestic market, yet it still lacks sufficient depth in high-end manufacturing, research and development, semiconductor ecosystems, advanced engineering, and globally dominant product companies.
What Trade Patterns Reveal About South Asia’s Economic Future
One of the most striking features of South Asian trade is how little the region trades internally. Intra-regional trade within South Asia remains among the lowest in the world relative to geographic proximity. Political tensions — especially between India and Pakistan — have prevented the emergence of a deeply integrated regional production system comparable to ASEAN or the European Union. This is a major missed opportunity.
The West Asia Conflict: Challenging Times for Indian Economy
Scarcity of cooking fuel is pushing people, particularly across South Asia, toward hunger. Livelihoods have been lost among the large unorganised labour force while thousands of self-employed street vendors, smaller restaurants and eateries are being forced to close shop, facing a scary, insecure future. For middle class households across India, everyday snacks like the samosa or dosa have become scarce because of shortage and high prices of cooking gas cylinders.
New EU Medicines Law Could Impact FTA With India
India is one of the world’s largest suppliers of generic medicines and APIs to Europe. If the EU begins favouring “Made in EU” pharmaceutical production through procurement preferences, subsidies or state aid, Indian drug manufacturers could face reduced access to EU public procurement contracts and tougher supply-chain resilience requirements.
More on Geoeconomics, Trade and Development
India opts out from Russian military exercise where China, Pakistan participating
Amid a hostile situation on its borders with China and Pakistan, India HAS decided not to take part in a multilateral strategic command post exercise in Russia next month in which its two hostile neighbors were also participating
US imposes sanctions on Colombo Port City builders and other Chinese companies
The US has imposed sanctions on 24 Chinese companies–including the builders of Colombo Port City–making it illegal for American companies to export products to these entities without a Government licence
Sri Lanka eyes more exports to China, mulls re-activating FTA talks
Sri Lanka is eying more exports to China in the Covid-19 era by participating in an import fair in the country and also reactivating talks on a proposed free trade deal, the Indian Ocean Island’s state export promotion agency said
China builds 5G infra along LAC, fresh construction at Pangong Tso
As India and China continue to be in a border-dispute deadlock, Beijing has started laying fibre optics cables and installing other equipment for fifth-generation wireless technology -- commonly known as 5G -- along the Line of Actual Control (LAC)
US imposes visa ban on Chinese people responsible for occupation of South China Sea
The US has imposed a visa ban on members of the Chinese Communist Party (CCP) regime, People's Liberation Army (PLA) and some state-owned businesses responsible for the occupation and militarization of the disputed South China Sea
China fired two deadly missiles ahead of US visa ban
Just before the US imposed a visa ban on Chinese government members in response to the militarization of the South China Sea, Beijing had fired two missiles, including an 'aircraft-carrier killer', into the disputed sea
Pakistan-China coziness sees rising intensity
The proximity between Pakistan and China seems to be increasing with every passing week as Islamabad is opening every door for China, banking on the projects under the China Pakistan Economic Corridor (CPEC), the flagship project of the Belt and Road Initiation (BRI) for its economic and financial revival
Sri Lanka to expand cooperation in trade and tourism with Southern China
Sri Lanka is exploring the opportunities to expand cooperation in diverse areas focusing on trade and tourism with Hainan Province in Southern China
Pakistan miraculously overcomes virus, says Chinese envoy
Chinese Ambassaor Yao Jing has said Pakistan has miraculously overcome COVID-19 adding Pakistan govt led by Prime Minister Imran Khan needs full credit for this
China asks Pakistan to open five key borders with Afghanistan
As ways are being paved towards peace negotiations between the Taliban and the Afghanistan government, China is calling on Pakistan to open its five key border crossings with Afghanistan to allow bilateral and transit trade of Afghan exports to India
PM Imran Khan asks Chinese businesses to establish offices in Pakistan
Emphasising the need for more cooperation between China and Pakistan in all fields, Prime Minister Imran Khan on Monday asked Chinese entrepreneurs to establish their regional offices in Pakistan
If talks fail with China, then military options on table: India's CDS
India's Chief of Defence Staff General Bipin Rawat said on Monday that if diplomatic talks with China over the border issue fail, then military options are on the table
Pakistan PM aide urges people to ignore 'propaganda' stories against CPEC
The prime minister’s aide on information Asim Saleem Bajwa has said that attempts being made to undermine the China-Pakistan Economic Corridor (CPEC) through “lies and propaganda stories”
All efforts to get China-funded projects back on track in Bangladesh
The Bangladesh government would hold talks with Chinese officials tomorrow as part of its desperate efforts to give impetus to the mega projects held up by the coronavirus pandemic
