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India can catalyse trading in oil on its domestic exchanges, and thereby adjust global oil prices so they reflect the changing patterns of global trade. In the process, this can help Indian companies and government reduce the risks arising from high energy prices. And in the long run, it can give India a more central position in the global financial system
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The China-Pakistan Economic Corridor with its unaffordable power projects is one reason for Pakistan’s current economic crisis. Pakistan has ended up with capacity it does not need, relying on fuels it is importing at a high cost
Courtesy: Penguin RandomHouse
This timely book on a controversial subject attempts to sum up the scope and ambitious scale of the BRI. It does not offer judgement nor copious detail, but shows how an infrastructure project now seems to be the basis of a China-centred global economic system
Courtesy: Washington Post
China’s large investments in Sri Lanka, Pakistan and the Maldives and the economic dependence this creates make it impervious to the internal political upheavals in these countries. This blog explores how it will retain its influence in Sri Lanka regardless of how the turmoil is resolved
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The current political unrest in Sri Lanka and coups in Maldives and Zimbabwe bear a Chinese imprint. China’s use of strong-arm tactics smacks of the very behaviour that it had earlier criticised in former colonial powers
Courtesy: Wikimedia Commons
America’s withdrawal from a Cold War arms control agreement seems to be dictated by China’s development and deployment of thousands of short and medium range ballistic missiles.
Courtesy: Lifeforex
Basing the global oil trade on the Yuan instead of the U.S. Dollar is one leg of China’s bid to convert its currency into the international reserve currency, replacing the dollar-dominated global financial architecture. But many factors impede the Yuan from reaching the maturity required for its global adoption.
Courtesy: Gateway House
America is increasingly using sanctions as a geopolitical tool against its rivals, Russia, Iran and Venezuela. These countries are important partners for India, which needs to find ways around unilateral American sanctions.
Courtesy: Caixin Global
China’s foreign direct investment is shifting away from natural resources to high-tech areas, such as Artificial Intelligence and robotics. The scale of these acquisitions, along with questions about intellectual property and national security, are causing widespread concern in the West
Courtesy: Gateway House
Pakistan’s upcoming general election is an example of a slow-motion coup without the accompanying violence as the military deposes an inconvenient prime minister with a more pliable candidate
