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China-centric global supply chains, the backbone of East Asia’s prosperity, are shifting out as tensions over tariffs and strategic contest between the West and China soars. Ganeshan Wignaraja, Professorial Fellow, Economics and Trade, Gateway House, discusses diversifying supply chains, the China plus one strategy, and the role of India as a supply chain magnet for its South Asian neighbours.
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The authors convincingly analyse the bewildering diversity, size and scale of the challenges of South Asia in a volume that is a rare treasure for those interested in deciphering the history, ethnic identities, colonial legacy, political economy, environmental risks, and geopolitical dynamics of the region.
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Prime Minister Modi’s third term began with India’s participation at the BRICS Foreign Ministers Meeting in Russia and the Outreach Session of G7 in Italy. India’s participation at both conferences highlighted New Delhi’s continuing preoccupation with great powers. How Indian diplomacy navigates ties between the West and BRICS will shape and decide its strategic autonomy in a multipolar world.
Courtesy: Hindustan Times
Since the military coup in 2021, fighting continues unabated in several parts of Myanmar, including the strategically important Rakhine state. The country’s internal problems can't be solved by the Myanmarese people alone. Experts in ASEAN and Myanmar's neighbours should be given the chance to offer solutions driven by their understanding of the history, national identity, diversity, challenges and potential of this country.
Courtesy: Realty Plus
The Golden Visa, an investment-for-residence offered by 100 countries, is a status symbol for the wealthy and their investments. Now governments are discovering it is also a safe hideout for tax evaders and money launderers, and several countries that offer it are no longer as attractive to live in. High net worth Indians who have enjoyed the status, may be better off investing at home in GIFT City.
Courtesy: CGTN
China’s hostile actions in the East and South China Seas have led to a deepening of naval partnerships within the Indo-Pacific such as the U.S., Japan, Philippines, Australia and South Korea. As crises in West Asia escalate and the strategic contest between the U.S. and China hardens in the Pacific Ocean, India – placed strategically in the Indo-Pacific – can’t neglect either the west nor east.
Courtesy: The Indian Express
Over three years of civil war in Myanmar, and there is no end in sight. The country’s stakeholders are unable to de-escalate the conflict or reliably distribute aid to those affected. Friends, including India, must step in — not only to stop the fighting and alleviate the suffering, but to help facilitate a return to normalcy.
Courtesy: The Hindu
During his visit to New Delhi this week, Australia's navy chief highlighted the need for greater maritime cooperation on security issues in the Indo-Pacific. While India is aware of its growing role in maintaining a free, open and inclusive Indo-Pacific, it must also convey to its partners that on matters of security, it prioritises dangers closer to home in its Indian Ocean neighbourhood.
Courtesy: Global Times
China’s world vision has entered its next phase. After the Belt and Road Initiative (BRI), come the Global Initiative on Data Security (GIDS) so Chinese tech standards can lead, Global Development Initiative (GDI) so China leads the development dialogue, and Global Security Initiative (GSI), so China’s security is ‘indivisible’ from other countries – all in time for China’s 2049 goal of becoming a global power.
Courtesy: Hindustan Times
South Asia requires resilient and cost-effective regional supply chains. This can be achieved through Indian investment, fostering local linkages while reducing dependency on Chinese financing of regional partners. A new approach enhances India's regional influence, creating a win-win scenario for the entire South Asian neighbourhood in a changing global landscape.