Pakistan Wrestles With Growing ‘Chinese Corridor’ Debt

Two international lending institutions and Pakistan’s central bank have raised concerns about the debt burden of a huge China-led infrastructure program on the country’s improving but fragile finances. Surging Chinese imports for the initiative, known as the China-Pakistan Economic Corridor program, have complicated Pakistan’s balance of payments problems during its second year of economic recovery […]

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China, India Can Help Boost South Asian Development With Benign Competition

India is in a period of rapid economic development, but the nation has not been as generous as its neighbouring countries hoped it would be in providing financial assistance to underdeveloped areas and promoting regional integration. A yawning infrastructure funding gap in South Asian countries creates space for China and those nations to strengthen economic […]

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Saudis Thinking Beyond Oil In Asia Courtship

China’s role and influence in global markets is a big lure to Saudi Arabia. It is the world’s largest energy consumer and the second-biggest importer of crude, after the U.S. Just like the Japanese, China is driven by its need to secure sources of energy. That gives Saudi Arabia an opportunity to solidify its market […]

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Buddhism: A New Frontier In The China-India Rivalry

For both China and India, Buddhism is a useful enhancer of cultural soft power. The religion has, over the past decade, increased in importance for India as New Delhi tries to re-energize the religious tradition and integrate it into the country’s cultural strength; for China, meanwhile, Buddhism is an important means of soothing domestic discontent […]

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How Pakistan Is Planning To Fight A Nuclear War

Pakistani nuclear weapons are under control of the military’s Strategic Plans Division, and are primarily stored in Punjab Province, far from the northwest frontier and the Taliban. Ten thousand Pakistani troops and intelligence personnel from the SPD guard the weapons. Pakistan claims that the weapons are only armed by the appropriate code at the last […]

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The Last Hollow Laugh

This year marks the 25th anniversary of Francis Fukuyama’s The End of History and the Last Man (1992). Rarely read but often denigrated, it might be the most maligned, unfairly dismissed and misunderstood book of the post-war era. Which is unfortunate for at least one reason: Fukuyama might have done a better job of predicting the […]

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