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During Japanese PM Shinzo Abe’s recent visit to India, both countries made important progress in strengthening their security engagement focused on maritime security, defence purchases and counter-terrorism. Nonetheless, Indian policymakers are conscious of regional concerns about Japan’s renewed nationalism and of balancing this relationship with that of China
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The Chinese Renminbi is now the first in the developing world to find a place in IMF’s basket of reserve currencies. But the road to its inclusion becoming effective is still almost a year away. In this time, China will likely further integrate its currency with global markets
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As the discussions at a recent meeting on sustainable infrastructure hosted by the Economic Policy Forum showed, many of the building blocks are already in place. The challenge now is to focus on macro public policy issues, and ask if the short-term compulsions of governments and the private sector will continue to create infrastructure that is unsustainable.
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The recent U.S. and China agreement to contain cyber espionage will not only impact their bilateral relationship, it will also create norms in international cyberspace. But implementation remains a challenge, and businesses, including in India, that have faced cyber threats must proactively plug their vulnerabilities
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At a recent international seminar on BRICS Studies, in addition to the predictable themes such as building a multipolar world order and the One Belt One Road project, fresh ground was also covered, including the contours of the New Development Bank and the potential impact of the refugee crisis on BRICS countries.
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The ‘One Belt, One Road’ initiative announced by China last year is being actively implemented at the provincial level. A recent conference in Lianyungang, Jiangsu province, provided a glimpse of China’s multi-pronged strategy to harness various resources available to make OBOR a success.
Courtesy: yesow.com
The new guidance on the development of internet finance in China provides insight into the future of China's pioneering internet finance industry and the defining role it will play in the country's economic reform process
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The recent meeting between the Taliban and the Afghan governments– brokered China– holds promise to bring peace to Afghanistan. However, the absence of India at the table notable. Given India's investments in Afghanistan and geopolitical importance, China must seek to bring India to the table, otherwise peace will remain elusive
Courtesy: India Strategic
The recent re-evaluation by the US, China, Japan, and Russia of their military strategies reflects new geopolitical equations in which the Asia Pacific is a major strategic intersection. Turmoil in this region can impact India’s trade and security interests, and to avoid this India must craft a balance between its relations with all the countries involved
Courtesy: PK times
India becoming a full member of the Shanghai Cooperation Organisation will be a significant moment in its engagement with Central Asia. However, there are not a lot of security or other benefits to be gained