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looking beyond borders

foreign policy and global economy

Archive for the tag “Sri Lanka”

How India’s Cash Chaos Is Screwing Over Their Neighbours — Oops!

Nepalese citizens hold an estimated $500 million in the banned notes, most of them sent back as savings by the more than one million Nepalese nationals working in India, says Chiranjibi Nepal, governor of the country’s central bank, the Nepal Rashtra Bank. Yet seven months after the ban, India has yet to exchange those notes with valid ones. Talks are on with India’s central bank, he says. As for Bhutan, its nationals hold $16 million in defunct Indian notes, says Dasho Penjore, governor of the country’s central bank, the Royal Monetary Authority.

Read Here – Ozy

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How To Hunt A Lone Wolf

Lone wolves are an old problem, but in recent decades, the number of attacks by them has grown. And it won’t fall anytime soon: ISIS has embraced the tactic, and recent successes may well inspire copycats. And although lone wolves usually kill few people, they have an outsize political impact. In both the United States and Europe, they are fuelling Islamophobia, isolating Muslim communities, and empowering populist demagogues.

Read Here – Foreign Affiars

Chinese President Pledges Billions Of Dollars For New Silk Road, ‘Snubs’ Absentee India

Chinese President Xi Jinping pledged to pump billions of dollars into the new Silk Road initiative as he described his signature foreign policy push as inclusive, one that should not be held hostage to old rivalries and power games. China is hosting at least 29 heads of state, including Russian President Vladimir Putin and Pakistan Prime Minister Nawaz, Sharif, for a two-day “Belt and Road” conference which India has chosen to give a miss.

Read Here – Hindustan Times

Also Read: Belt and Road new model of win-win, not outdated geopolitical manoeuvring

A Strategic Encirclement

India is encircled by a growing ring of Chinese power and influence. To the north, garrisons, airfields and missile sites linked by modern road-rail networks underpin China’s dominant posture on the Tibetan plateau.

Read Here – The Indian Express

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 cooperation.

Read Here – Global Times

China Feels India Over-Sensitive About Beijing’s South Asia Engagement

China hopes India can understand the pursuit of China and regional countries for common development, and be part of it. However, New Delhi doesn’t share this thinking, instead seeking to balance China. If such tendencies in India continue, China will have to fight back, because its core interests will have been violated. This is not what we hope for, but the ball is in India’s court.

Read Here – Global Times

Cambodia, Sri Lanka And The China Debt Trap

The influx of Chinese economic assistance into Sri Lanka and Cambodia has raised questions regarding the intentions behind these massive loans. While China may still be considered a developing economy, its current strategy of providing soft power loans and aid to its regional neighbours is reminiscent of the tributary system that the country employed back in its empire days.

Read Here – East Asia Forum

Why It’s Time The Indian Media Ended Its War On China

Not a shot has been fired across the India-China border since 1962, but the Indian media’s China “war” never quite ended. Border “skirmishes” and Chinese “intrusions” into Indian territory still dominate the coverage of China by Indian newspapers and television channels more than half a century on.

Read Here – South China Morning Post

How China Rules The Waves

Investments into a vast network of harbours across the globe have made Chinese port operators the world leaders. Its shipping companies carry more cargo than those of any other nation — five of the top 10 container ports in the world are in mainland China with another in Hong Kong. Its coastguard has the globe’s largest maritime law enforcement fleet, its navy is the world’s fastest growing among major powers and its fishing armada numbers some 200,000 seagoing vessels.

Read Here – Financial Times

The Fractured North

It has been said before, but bears repeating. A permanent political solution within Rajavarothiam Sampanthan’s lifetime is Sri Lanka’s last best hope for achieving peace within this generation. The TNA after Sampanthan will be a fragmented and disintegrating alliance, whose conflicting interests will make a final solution to an ethnic conflict that has spanned six decades only ever more elusive.

Read Here – Daily FT

 

 

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