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According to prosecutors, the trial of Patrick Ho was simply business. The Chinese financier, found guilty of orchestrating a multi-million dollar bribery scheme in Africa, wasn’t the victim of a US smear campaign as his defense claimed. No, he was simply brought to justice for violating US laws while working for an US-based organization. Yet […]
With protests against China’s investments in Sri Lanka, Bangladesh, Myanmar, and Pakistan, the country’s ambitious expansion via economics in the Indian subcontinent is not going as well as Beijing had imagined.
Trade blocs are often instruments of geopolitics. India’s cooperation with the South Asian nations east of Pakistan plays witness to this age-old truism.
In the face of China’s continued assertiveness, other nations are partnering up to increase defense cooperation, including Vietnam and India.
Sri Lanka is expanding its free trade agreement with India. Nationalism is acting against, as usual. But the state regulatory structure is the real issue.
Ahead of India Prime Minister Narendra Modi’s visit to Sri Lanka on Friday, Indian Foreign Secretary S. Jaishankar announced New Delhi’s cooperation with Sri Lanka’s new government on the repatriation of 100,000 Tamils currently residing in the southern state of Tamil Nadu.
Beijing’s announcement on Thursday of a 10 percent increase in military spending, to $145 billion, marks the fifth consecutive year of double-digit increases, and is not without significant repercussions in Asia.
In his first foreign trip since assuming power, Sri Lankan President Maithripala Sirisena will visit India on Feb. 16 for two days, hailing a potential warming of relations between the two countries.
Before Narendra Modi became the prime minister of India, some observers in China believed that he could well be “the Deng Xiaoping of India,” comparing him with the Chinese leader who led the economic reform that has transformed China to a global power from a Third World country.
Following the withdrawal of support on Sunday from the Muslim Congress, Sri Lanka’s largest Muslim political party, Sri Lankan President Mahinda Rajapaksa’s bid for a third term in office on Jan. 8 looks increasingly shaky.
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