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The impressive victory scored in last spring’s parliamentary elections in India by Prime Minister Narendra Modi inspired numerous comments about the start of a new stage in the development of one of the largest countries around. However, the spate of dramatic events that have since happened in India has drawn attention to the negative trends in the world’s second most populous nation.
  • Category: Analytics |
  • Date: 14-01-2020, 10:17
  • Views: 344
With the year 2019 already on the way out, its preliminary results can already be summed up, and one of the main takeaways is the systematic effort by the United States to deter China by waging a trade and economic war on it and using technological boycott and military-political pressure. US Defense Secretary Mark Esper recently went on record saying that Washington views China’s importance in “a new era of great-power competition” as a top priority, adding that the Pentagon will be looking for additional forces and means to dispatch to the Indo-Pacific region.
Denmark-based Saxo Bank has released a new batch of "outrageous" predictions for 2020 that it believes could potentially destabilize the entire international system existing today. The bank’s experts predict, among other things, that in the coming year, the Asian Infrastructure Investment Bank (AIIB) may launch “a new reserve asset, called the Asian Drawing Right, or ADR, with 1 ADR equivalent to 2 US dollars, making the ADR the world's largest currency unit."
  • Category: Analytics |
  • Date: 16-12-2019, 11:00
  • Views: 350
At the end of September, the EU and Japan signed an agreement designed to add a new dimension to these two global economic powerhouses’ joint effort in the field of transport, energy and digital technology. This expansion of ties between the Old World and Japan is seen by Western media as a counterweight to, and even a pushback against China’s One Belt, One Road mega-project. What are the prospects of various projects dealing with the ongoing competition between transport corridors in Eurasia?
  • Category: Experts |
  • Date: 30-11-2019, 10:36
  • Views: 358
An honorary reception has been held in the run-up to preparations to celebrate Years of Sino-Russian Scientific-Technical and Innovative Cooperation in 2020–2021. Bilateral ties between Russia and China boast a history of 70 years of cooperation that feature coordination of efforts in science, technology and innovation, pursuit of bilateral projects, and the elaboration of a joint plan of action.
China and the United States have achieved tangible progress in their recent round of trade talks. This has given rise to cautious optimism about the possibility of striking a deal, writes the Chinese edition of Global Times. “Top-level economic and trade consultations in Washington proved successful in areas such as agriculture, intellectual property rights, currency exchange rates, financial services, expansion of trade and handover of ttechnologies,”- the article said.
  • Category: Experts |
  • Date: 25-10-2019, 10:39
  • Views: 308
Members of the Visegrad Group (Poland, Hungary, Czech Republic, Slovakia) are set on expanding cooperation with India. That such cooperation is of mutual interest was confirmed by Indian Foreign Minister Subramaniam Jaishankar’s visit to Hungary and Poland in August. Hungary and Poland pursue the most active foreign policy within the Visegrad Four.​
The New York-based Nova Science Publishers has published a collection of works, Macroeconomic Policies in Countries of the Global South, which was compiled by the Dialogue of Civilizations Research Institute and prominent scientists from Russia, Germany, Switzerland, Brazil, Australia, and the Philippines. Some of the authors are employees of international economic organizations, such as the Asian Development Bank, which provided support for the publication.
  • Category: Analytics |
  • Date: 15-10-2019, 16:26
  • Views: 319
The decision of the Indian authorities to abolish the special status of Jammu and Kashmir has caused a predictably angry reaction from Pakistan. Pakistani Prime Minister Imran Khan has signalled his country's readiness to use “all means available” to counteract such a “unilateral” move on the part of New Delhi. Also, a statemetn condemning the decision has been made by Beijing. According to Pakistani media, Chinese Foreign Minister Wang Yi, while in Islamabad, “stated that China would oppose any unilateral actions by India in Kashmir which could worsen the situation in the region.”
In the wake of Indian Prime Minister Narendra Modi’s landslide victory in the recent parliamentary elections, observers are now discussing the prospects of a new phase in the role their country is playing in the world. Indian experts believe that "the world is moving in the direction of multi-polarity, albeit asymmetric, which in the long haul can turn into a US-Chinese bipolar system."