India and the world have watched China’s growing investment in Asia and beyond with a mix of awe and apprehension. The unprecedented scale of these investments are reshaping political arrangements around South Asia.
Researcher, Gateway House
Chandni Jindal is a Researcher at Gateway House. She holds an MSc in Development Studies from the School of Oriental and African Studies (SOAS), University of London. She graduated from St. Xavier’s College, Mumbai in 2015 with a BA in Economics. Previously, she has interned with the Debt and Capital Markets Department of Standard Chartered Bank in Mumbai.
Nepal has historically enjoyed close economic ties with India. An open border and the large number of Nepalis in the Indian army testify to the two countries’ economic and social proximity. But as with other countries in India’s neighbourhood, Chinese investment is leading Nepal to tilt towards China.
With large investments in local infrastructure and tourism, China has become a key player in Maldivian politics
China has replaced India as Sri Lanka’s biggest economic partner. It is gaining control of Sri Lanka’s ports, which can give it leverage over India’s external trade
While most Asian countries studied by Gateway House are moving toward greater dependence on China, Myanmar is moving in the opposite direction. For decades, China has been one of the few countries willing to do business with Myanmar, sanctioned by Read more
China’s investment in Bangladesh’s stock exchange gives Beijing a chance to shape the financial architecture of the most vibrant economy in India’s neighbourhood
The China-Pakistan Economic Corridor is a strategic play by China disguised as an economic corridor. It may bring some economic benefits to Pakistan in the short run, but will almost certainly cost the country – and India – a big political price in the long run