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looking beyond borders

foreign policy and global economy

Archive for the tag “Investment”

Taking A ‘Far East’ Turn To Deepen A Friendship

Some 48 years ago, when the U.S. and British Navies tried to threaten Indian security during the India-Pakistan war in 1971, the Soviet Union dispatched nuclear-armed flotilla from its Pacific Fleet based at Vladivostok in support of India. Ever since then, the city of Vladivostok, located in Russia’s Far East, has had a special place in the hearts of Indians. When Prime Minister Narendra Modi visits the city as the guest of honour at Eastern Economic Forum (EEF) in this month, he would be announcing India’s plans to invest in Russia’s Far East, thus, paying back the long-held Indian debt to Vladivostok.

Read Here – ORF Online

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The Edge That Indian Companies Could Wield In Africa

Indian companies have a head-start in translating those growth trends into profitable, sustainable enterprises. From deep experience in their home market, they know how to overcome the challenges that limit markets and make life harder for ordinary people. Africa should be high on the agenda of Indian companies targeting global growth. Their innovations and investments can create both outsize returns and real social impact.

Read Here – Mint

The Post-Brexit Paradox Of ‘Global Britain’

Brexit is an all-consuming maelstrom of political dysfunction, one that has compelled Britain’s eyes inward. Yet amid the chaos, Prime Minister Theresa May has been steadfast in her determination that the country’s international role should not succumb to the same myopic fate as its departure from the European Union has.

Read Here – The Atlantic

How To Respond To China In Africa

It is indeed true that China is ever more involved in Africa. And that involvement now includes a somewhat extensive security presence. Much has been said about the new Chinese military base in Djibouti. There has been finger-pointing and apparently laser-pointing too.

Read Here – The National Interest

Saudi Arabia Has ‘No Intention’ Of Repeating 1973 Oil Embargo

Saudi Arabia has rejected suggestions that it may restrict global oil supply in response to international pressure over the death of journalist Jamal Khashoggi at its consulate in Istanbul. Asked whether there could be a repetition of the 1973 oil embargo when Saudi Arabia and its allies cut off oil supplies to the United States, the kingdom’s energy minister Khalid Al Falih said: “There is no intention.”

Read Here – CNN

Also Read: How the Khashoggi case and its fallout is affecting global business

Why And How China Should Lead ‘Belt And Road’ Initiative

The natural question is then: Why China? Why should China be that external actor? The reason is that China supplies some critical, missing input. That input is deep pockets — someone has to pay a large initial cost to jump-start the building of the infrastructure network, and the actor needs to be able to absorb a huge amount of risk (liquidity risk, operational risk, construction risk, etc.), and it needs to have a long-term investment and strategic horizon. If we look at America, its own infrastructure is 30 years behind, partly because of the ferocious bipartisan debates on how to spend taxes. America will not have the ability to coordinate across many countries and regions and allocate spending efficiently if it cannot even do so in its own country.

Read Here – Caixin Global

The Big Data And AI Projects China Is Pinning Its Global Tech Ambitions On

A top Chinese drone manufacturer and a police-backed facial ­recognition firm are among dozens of companies set to ­receive state subsidies as China seeks to become a global powerhouse in internet technology, big data and artificial intelligence.

Read Here – South China Morning Post

Also See: The Economic Impact Of Artificial Intelligence

China Is On a Whole-of-Nation Push for AI

Yes, Nations Can Spend Their Way Out of Recessions. Sometimes.

The case for government spending during economic slowdowns has been hotly debated for decades. John Maynard Keynes went as far as to suggest that during a recession governments should pay people to do meaningless tasks — such as digging holes in the ground and then filling them up.

Read Here – BloombergView

China’s Railway Diplomacy Hits The Buffers

When Li Keqiang, China’s premier, took 16 European leaders on a high-speed train ride in 2015, the trip revealed more than an enthusiasm for rolling stock. It was also Beijing’s big sell for an engineering technology that it hoped would spearhead the launch of a grand geo-strategic ambition.

Read Here – Financial Times

Common Interests, And Chinese Ham-Handedness, Boost Indo-U.S. Ties.

As it turned out, Indian wonks needn’t have worried. Modi enveloped Donald Trump in a bear hug — something he tends to do — and whatever the American president may have thought of that, the bilateral relationship has clearly benefited from growing U.S. disillusionment with Asia’s other giant, China. The question for Modi isn’t whether he can get along with Trump, but whether he can manage the relationship better than Chinese leader Xi Jinping has.

Read Here – Bloomberg

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