The recently-concluded elections in Sri Lanka was widely covered in the Chinese media, an indication of the strategic interest of Beijing in the island nation and the Indian Ocean Region
Why not begin by reopening serious discussions with Chinese conglomerate BYD about an Indian factory? BYD is now one of the world’s dominant EV manufacturers. Its Indian ambitions were caught in the post-Galwan investment freeze. Invite it back to the table—but on Indian terms
But the choice test applies to India as much as to the countries it hopes will follow its lead. If BRICS genuinely widens India's menu of markets, technology partners and financing sources without deepening its dependence on any one of them, it becomes a credible model for the rest of the Global South.
India’s stand for a dollar-based system is not a rejection of BRICS alignment or unity, but it is a determined choice to act in favour of self-interest like any other founding member. The key difference is India’s position has been the most transparent of all founding members rather than standing behind the collective rhetoric.
The evidence indicates that the increase in state borrowing over the past decade is best understood as the outcome of a changing fiscal federal system rather than simply an expansion of welfare politics.
The recently-concluded elections in Sri Lanka was widely covered in the Chinese media, an indication of the strategic interest of Beijing in the island nation and the Indian Ocean Region