Unable to persuade India to sign on to its Belt and Road Initiative (BRI), China has entered the Indian market through venture investments in start-ups and penetrated the online ecosystem with its popular smartphones and their applications (apps)
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
Two Chinese foundations donate testing kits to Sri Lanka
China's Alibaba Foundation and Jack Ma Foundation have donated 20,000 COVID-19 testing kits to Sri Lanka, in a bid to scale up testing on the island
India's Assam state receives 50,000 imported PPE kits from China
The government in the northeast Indian state of Assam on Wednesday imported 50,000 personal protective equipment (PPE) kits from China for the frontline healthcare workers combating the Covid-19 pandemic in the state
Pakistan urges China to soften terms for power deals
Pakistan has requested China for ease in payment obligations of over $30 billion worth of about 12,000-megawatt power projects under the China-Pakistan Economic Corridor (CPEC) to minimise its financial and economic difficulties
Nepal seeks Chinese support for medical supplis
Nepal's Minister for Foreign Affairs Pradeep Kumar Gyawali has requested China's cooperation and facilitation for the purchase of essential medicines and medical equipment on G-to-G basis
China aids Afghanistan with medical supplies
In the past five months since arrival in Afghanistan, I have met friends from all walks of life and been deeply impressed by the Afghan hospitality, diligence and courage
Twitter suspends account of Chinese Embassy in Colombo
Social media giant Twitter has suspended the account of the Chinese Embassy in Colombo, days after it had responded to allegations against China using undiplomatic language. “We have already applied to unlock the account,” a spokesman for the embassy told News1st
Xi'an municipality of China donates medical supplies to Nepal
The Xi'an municipality of Shaanxi province of China, has provided medical supplies in the fight against COVID-19 pandemic
People's Bank of China increases stake in India's HDFC
The People's Bank of China has increased its stake in India's banking and financial services company HDFC to 1.01 percent. The central bank of China currently has nearly 1.75 crore shares in HDFC during the quarter ended March, according to data submitted by the company at the BSE
India slams China for raking up Kashmir at UN
The Indain government on Thursday slammed China at the United Nations for raking up India's internal matters and its failure to recognize Pakistan's cross-border terrorism in Jammu and Kashmir
Scope of CPEC to be enhanced in the second phase
The China-Pakistan Economic Corridor (CPEC) is making steady progress, and its scope will be further enhanced in the second phase, a top Pakistani official said
Sri Lanka’s China-run port to oil Indian Ocean shipping
Sri Lanka’s Hambantota Port, run by China’s CM Ports group with Chinese oil group Sinopec, has stocked up bunker oil to supply ships passing the island with the global shipping industry hit by the fallout of Coronavirus
China Railway Group Ltd donates PPE, safety gears to Bangladesh hospital
China Railway Group Limited (CREC) has donated Personal Protective Equipment and other safety gears to the Combined Military Hospital and Kurmitola General Hospital in Dhaka to extend support to the Bangladesh government's fight against the coronavirus outbreak
China reluctant to open customs points
The Chinese government is reluctant to open trade routes with Nepal, saying the coronavirus infection has been gradually spreading in Nepal
China profits from the pandemic it sparked
In what is being called the "cruelest irony" China, that blasted the world with one million coronavirus cases, now stands to gain from the fallout, exporting equipment and supplies needed to fight the pandemic, according to a US leader
