New Delhi has actively worked with Beijing to address its massive bilateral trade deficit. However, it has another option. India can seek greater economic integration with ASEAN and substitute its imports from China with that of ASEAN. The India-ASEAN Summit on December 20 would be a good place to start.
Courtesy: Gateway House
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.
Courtesy: Manipur Police/WikimediaCommons
What have economic blockades in India's North East achieved? For one, they choked off the supply chain of an already isolated region. With Myanmar showing signs of warming towards India, New Delhi must establish ties with its eastern neighbour, but first, it needs to fix Manipur’s broken socio-political landscape.
Amidst myriad country groupings that already exist – BRICS, IBSA, APEC, SCO and many others – a new initiative in the Pacific is looking to integrate more powerful countries to form a multilateral free trade agreement – the Trans Pacific Partnership. How important is this towards the reshaping of trade and power?
Courtesy: SurfaceForces/Flickr
The turbulent waters of the South China Sea may soon see a major addition: an aircraft carrier, from China. The carrier - already seventy percent complete - is sure to change the equation and further Beijing's Four Modernisations programme.