Debt Traps from China, Western Stringency, and the Future of South Asian Democracy

Introduction If one were to look at two events in South Asia – the economic crisis in Sri Lanka and the downfall of the Imran Khan-led Pakistan Tehreek-E-Insaaf (PTI) government in Pakistan, one of the points which clearly emerges is that both the South Asian nations have moved closer to China, and there are pitfalls … Continue reading Debt Traps from China, Western Stringency, and the Future of South Asian Democracy

Hegemony is hard to do: China, globalization, and “debt traps”

As a result of an increasingly insular United States, with US President Donald Trump’s imposition of tariffs, China has been trying to find common cause with a number of countries, including US allies such as Japan, India and South Korea, on the issue of globalization. While unequivocally batting in favor of an open economic world … Continue reading Hegemony is hard to do: China, globalization, and “debt traps”

“Building Back A Better World”: Can it challenge the BRI?

Introduction Ever since taking over as President, Joe Biden has reiterated the need for the US and its allies to work together to check China’s economic rise by providing alternatives to China’s ambitious Belt and Road Initiative (BRI) project as well as its burgeoning technology scene. During his State of the Union address in April … Continue reading “Building Back A Better World”: Can it challenge the BRI?

Coronavirus and the BRI

The Corona Virus epidemic has shaken the world in numerous ways. The virus, which first emerged in the Chinese city of Wuhan (Hubei province), has led to the loss of over 12,000 lives globally. The three countries most impacted so far have been Italy (4,825 lives lost), China (3,287 lives lost), and Iran (1,500 lives … Continue reading Coronavirus and the BRI

How the United States can woo Africa away from China

On December 13, 2018, US National Security Advisor John Bolton, while speaking at the Heritage Foundation, highlighted the key aims and objectives of ‘Prosper Africa,’ which shall probably be announced at a later date. The emphasis of this policy, according to Bolton, would be on countering China’s exploitative economics unleashed by the Belt and Road Initiative, … Continue reading How the United States can woo Africa away from China

Sri Lankan strongmen and Chinese initiatives: India’s neighborhood is as bustling as ever

On October 25, 2018 Sri Lankan President Maithripala Sirisena suspended Parliament (till November 16, 2018) and sacked his Prime Minister, Ranil Wickremesinghe, replacing him with Mahindra Rajapaksa (who served as President of Sri Lanka for a decade, from 2005 till 2015). Sirisena had wrested power from Rajapaksa in 2015. Wickremesinghe decided to battle it out, … Continue reading Sri Lankan strongmen and Chinese initiatives: India’s neighborhood is as bustling as ever

The EU’s laudable Asia Connectivity Strategy

The European Union (EU) has put forward a plan for enhancing connectivity within Asia, and has been dubbed as the Asia Connectivity Strategy. The EU does not want to give an impression that the Asia Connectivity Strategy (ACS) is a counter to the Belt and Road Initiative (BRI). Yet, senior officials of the EU, while … Continue reading The EU’s laudable Asia Connectivity Strategy

China-Myanmar Economic Corridor and the limits of ‘Cheque Book Diplomacy’

On September 9, 2018 Myanmar and China signed a memorandum of understanding (MoU) for establishing the China-Myanmar Economic Corridor (CMEC), as part of China’s ambitious Belt and Road Initiative (BRI). The corridor will traverse a distance of approximately 1700 kilometres and seeks to connect Kunming (in China’s Yunnan Province) with Myanmar’s key economic points – … Continue reading China-Myanmar Economic Corridor and the limits of ‘Cheque Book Diplomacy’

India’s approach towards BRI: Need for pragmatism

(new title) Recently, China’s consular general in Kolkata, Ma Zhanwu, while speaking at a function, proposed a bullet train connecting Kunming (in China’s Yunnan Province) with Kolkata, the capital of India’s eastern state of West Bengal. Said Ma: With joint efforts of India and China, a high-speed rail link could be established between the two … Continue reading India’s approach towards BRI: Need for pragmatism

A short note from New Delhi on the 2018 Eastern Economic Forum

Chinese President Xi Jinping recently attended the Eastern Economic Forum (EEF), hosted by the Russian city of Vladivostok, which was held on September 11th and 12th of 2018. President Xi (who became the first Chinese President to attend the EEF) met with Russian President Vladimir Putin for the third time in as many months. Significantly, … Continue reading A short note from New Delhi on the 2018 Eastern Economic Forum

China and the liberal vision of the Indo-Pacific

Mike Pompeo’s recent speech (titled ‘America’s Indo-Pacific Economic Vision’) at the Indo-Pacific Business Forum hosted by the US Chamber of Commerce in Washington, DC, has been carefully observed across Asia. Beijing has understandably paid close special attention to it. Pompeo emphasized the need for greater connectivity within the Indo-Pacific, while also highlighting the role which … Continue reading China and the liberal vision of the Indo-Pacific

Two visions of multilateralism are competing in the Indo-Pacific

The Indo Pacific Economic Framework (IPEF), signed by a total of 13 countries on May 23, 2022, in Tokyo, is being dubbed by many as a means of checking China’s economic clout in Asia and sending out a message that the US is keen to bolster economic ties with its allies and partners in the … Continue reading Two visions of multilateralism are competing in the Indo-Pacific

Why developing countries need to reduce their economic reliance on China

After the resignation of Mahinda Rajapaksa, Ranil Wickremesinghe was sworn in as Sri Lankan Prime Minister on Thursday, May 12, 2022. Wickremesinghe, who is the sole member of the United National Party (UNP), will be holding the position of Sri Lankan PM for the sixth time. While the new Sri Lankan PM is a seasoned … Continue reading Why developing countries need to reduce their economic reliance on China

Italy and the Belt and Road Initiative

There has been a growing scepticism with regard to the Belt and Road Initiative (BRI) project in many quarters, due to the lack of transparency with regards to terms and conditions as well as the economic implications for countries which are part of the project. A report published in April 2018 by the Center for … Continue reading Italy and the Belt and Road Initiative

Southeast Asia, China, and Trumpian foreign policy in 2019

A survey titled, ‘State of Southeast Asia: 2019’ conducted by the ASEAN Studies Centre (between November 18 and December 5, 2018 and released on January 7, 2019) at the think-tank Iseas-Yusof Ishak Institute came up with some interesting findings. The sample size of the survey was over 1,000 and consisted of policy makers, academics, business persons, and members of … Continue reading Southeast Asia, China, and Trumpian foreign policy in 2019