Courtesy: The Print
The Chinese economy has slipped into deflation, partly due to the growing mistrust of foreign investors and the government's strategy of over-management and micromanagement. In an episode of Forbes India’s ToThePoint, Amit Bhandari, Senior Fellow, Energy, Connectivity and Investment, Gateway House discusses the impact of this slowdown on the global economy, while highlighting key takeaways for India, which aims to be a manufacturing hub.
Courtesy: Nikkei Asia
China-centric global supply chains are being disrupted by rising geopolitical tensions between the U.S. and China and multiple global shocks, forcing multinational companies to rethink are global sourcing strategies. India can leverage this moment to become a complementary manufacturing hub in Asia by reaping gains from technology transfers and creating value-adding jobs.
Courtesy: Shutterstock
Pakistan’s latest economic survey reveals the extent of the country’s indebtedness to China. High-interest Chinese loans, reckless multilateral borrowing, and ever-increasing defence budgets have deleteriously impacted Pakistan’s finances. Any lasting solution to these problems will have to involve China.
Courtesy: TIME Magazine
After its fourth summit on May 24, the Quad has emerged stronger and clearer in its initiatives which are aimed at addressing the Indo-Pacific’s geopolitical challenges. India now has a chance to work with like-minded democracies on an equal footing, with much to contribute. The Quad’s strategy for the Indo-Pacific is to deepen internalised cooperation for continued peace, prosperity, and stability.
Courtesy: Twitter- Narendra Modi
A serious stocktaking is expected at the Quad Leaders' Summit in Tokyo, to measure the progress of its wide-ranging list and proposals. In addition to vaccine partnerships, climate change, and connectivity, the Quad must now craft a common strategy for and expedite cooperation in, the economy, higher education, industry, and technology. It will also project unity in the Indo-Pacific region.
Courtesy: Hossain Tareque-wikimedia commons
India has done considerable groundwork to turn into a blue economy nation through its maritime policies and active support of the Indian Ocean Rim Association. The time is right for the country to now focus on blue diplomacy, with an emphasis on maritime security and sustainable, equitable harnessing of maritime resources.
Courtesy: Atlantic Council
The Sino-U.S. contestation is a central tenet of the Indo-Pacific. In this power tussle, the EU strategy for the region provides a new way to engage with partners in the "Third Space" for a free, open, and inclusive Indo-Pacific.
Courtesy: National Army Museum
In the seventeenth century, the British established a monopoly on the opium trade to China. Bombay, a deep-sea port, emerged as a significant opium export hub for Indian and European traders alike. In this podcast, Sifra Lentin traces the events that led to the Opium Wars.
Courtesy: BIMSTEC
BIMSTEC is of special importance to India as it is a crucial link between the Neighbourhood First and Act East policies. This almost 25 year old multilateral can contribute to the Indo-Pacific region by addressing challenges in strategic areas of regional connectivity, security cooperation, free trade, and geoeconomic ties with external partners.
Courtesy: Shutterstock
A shift is taking place in the business of global dominance and hegemony, from the model of expressing force through troop presence to financial sanctions. But China and Russia, in concert, may provide a way out of the sanctions regime.