China has met with undeniable success in facilitating the long-pending rapprochement between two bitter sectarian rivals across the Persian Gulf i.e., Shia-dominated Iran and Sunni-dominated Saudi Arabia. Ummah (Muslim World) has seen these two powers shadowbox with each other by supporting their respective proxies in countries like Lebanon, Iraq, Syria, Yemen etc., even though they ostensibly hold similar positions on issues like Palestine and Islamophobia
Senior officials from Nepal and China reviewed the entire gamut of bilateral ties in Beijing but failed to mention that the Belt and Road Initiative (BRI) and Global Security Initiative (GSI) were also discussed.
The Chinese Communist Party's (CCP) unplanned money shower in these disputed nations may possibly result in a blowback to the BRI, which further strains its own economy and its people as the nation is recovering from the devastating impact of the Covid-19 pandemic.
As a result, Moscow may soon find it possible to resume the Central Asian spaces from which it had been pushed back. Additionally, EU nations, independently of the US and UK, would be encouraged to reset relations with Moscow.
It is true they are not presently expanding militarily like Nazi Germany, but they are aggressively expanding economically by penetrating and undermining the economies of many countries of the world.
Pakistan has requested for a $12 billion help because its economy is in a shambles. The foreign exchange reserve is at $7.3 billion whereas a dollar itself buys 140 Pakistani Rupees. The monthly trade deficit is at $1.7 billion.
If BRI does materialise, it will usher in a paradigm shift in the regional power dynamics for a long time to come. Whether India stands on the right side of that shift will depend entirely on how we as a nation are able to comprehend, visualise and position ourselves in the whole matrix of competitive and cooperative interactions with China.
The new shipment passage, International North-South Transport Corridor (INSTC), is set to connect the Indian Ocean to the Persian Gulf through Iran to Russia and Europe.
The worthies who had gathered at Papua New Guinea over the weekend have agreed to disagree. The Asia-Pacific Economic Cooperation…
Sangay cautioned the Tibetans that providing information about citizens of your country to another country is a crime while referring to the Tibetan man in Sweden who was charged with espionage in April 2018.
