Courtesy: file photo/Xinhua, Wikipedia
The AIIB is a step along a path that started with the Asian financial crisis, which defined ASEAN’s views about the U.S.’s commitment to the region. Although the bank may signal the rise of China, it is also a coming together of Chinese and ASEAN goals—ASEAN’s focus on infrastructure for growth requires another source of finance, and this forecasts its strong relationship with the AIIB
Courtesy: U.S. State department/Flickr
With the EU, Iran, and other entities taking decisive steps on April 2 to ensure a non-nuclear Iran, President Obama must now counter interests in the U.S. that want to stymie the final agreement. But having come this far, and considering the comprehensive benefits of an agreement, all sides are sure to deliver
Courtesy: 一大抄/Wikipedia
The annual meeting of the National People’s Congress in Beijing in March covered wide and significant ground, including President Xi’s vision of deepening reform and law-based governance. The meeting also emphasised environmental protection and enforcement of IPR. But the outcome of these plans remains to be seen
Courtesy: file photo/Xinhua
The announcement that major European powers will join the AIIB as founding members means the bank is now clearly accepted as a tangible game changer in the multilateral financial architecture. The formidable intentions of AIIB and the new transnational corridors project are both a challenge and an opportunity for India
Courtesy: Wanted China
WeBank, China’s first online-only bank has been launched with great expectations. It can potentially reform the country’s mismanaged financial sector by opening up credit to private SMEs and prove a model for other developing countries.
Courtesy: wantchinatimes.com
Economic development and increments in scientific knowledge and technology, which in turn rest on R&D, are interconnected. India is falling behind and must allocate a greater share to R&D, while China must elevate the efficiency of its research expenditure—this focus will allow the two countries to continue to grow
Courtesy: MEA/Government of India
2015 is likely to begin with India-China boundary talks in New Delhi, and strategic analysts believe it can be a unique window—arising out of the new political dynamism in both countries—to resolve the dispute. Besides, if Modi visits China in 2015, it can expedite investments—also making it a big year for bilateral ties
Courtesy: Ministry of External Affairs/GoI
The style and substance of the foreign policies of Narendra Modi’s six-month-old government have been remarkably different from those of his predecessors. Gateway House examines the changes in India’s equations with three critical countries—the US, China and Pakistan—and outlines a foreign policy forecast for 2015
Courtesy: Wikimedia Commons
This year has seen a disturbing increase in brutal violence by terrorist groups across the world—the Islamic State in Iraq and Syria, Boko Haram in Nigeria and the Tehreek-e-Taliban in Pakistan. With non-traditional terror targets like Belgium, Canada and Australia also being attacked this year, 2015 could see a more lethal spread of jihadist terror
Courtesy: Make in India & Wikimedia commons
From the Indian perspective, how China manages the readjustment of its economy and how secure South Asia remains, will be two major determinants that will influence world affairs in 2015. Gateway House has developed four scenarios to explain the outcomes that will ensue, starting 2015, when these two determinants intersect.