BUSINESS
The Eastern Window: The surreal rise of Xi Jinping Thought and its many pitfalls
Amid a stalling economy and uncertainty about the country’s policies, China's ruling Communists are busy engaging millions of people in studying the thoughts of President Xi Jinping, who is being given a god-like image. This is surreal at a time when the defence minister has gone missing soon after the foreign minister at the time vanished in June
BUSINESS
The Eastern Window: Countering China’s BRI would lift India’s global status
The US wants to use the newly announced India, Middle East, and Europe Economic Corridor as a means to counter China’s Belt and Road Initiative (BRI). The plan’s success would boost India’s global image. This is why India has a key role to play in the project in which 10 developed countries are invested
BUSINESS
The Eastern Window: Why so many countries are losing faith in the dollar
Political leaders controlling five different currencies are trying to not just reduce their reliance on the US dollar but also look for alternative trading mechanisms. It may not be easy to shake off the dollar’s dominance both as trading and reserve currency. But determined and strongly motivated efforts are being made to dislodge it
BUSINESS
The Eastern Window: China’s dominance over South China Sea seriously challenged
The Philippines and Australia recently conducted a rare military drill to challenge China’s dominance over the South China Sea. This is of great importance to India which recently supported the Philippines’ claim over a part of the South China Sea, an important sea route.
BUSINESS
The Eastern Window: Pakistan politicians rake up Kashmir issue before elections
Pakistan’s new caretaker government is taking time off from its obsession to crush Imran Khan to rake up the Kashmir controversy. Two of the new appointments in the new government including the foreign minister are connected to the Kashmir problem
BUSINESS
The Eastern Window: Is the Chinese economy really a 'ticking bomb'?
The Chinese economy is in doldrums. But US President Joe Biden had political reasons for describing it as a “ticking bomb” after doing what he can to restrict its growth
BUSINESS
The Eastern Window: Pakistan wooing the US—Should India be worried?
Pakistan is trying to enter into a security pact with the US and shed its image as a camp follower of China. India has reasons to worry if the US agrees to sign an agreement and supply more military hardware to Pakistan. For the US, it is an opportunity to counter Chinese influence in Pakistan and Afghanistan
BUSINESS
The Eastern Window: The implications of the disappearance of China’s foreign minister
The disappearance of China’s foreign minister for one month before he was removed from office has affected President Xi Jinping’s image as a strong leader in full control of the situation. Diplomats are assessing if this episode would affect China’s foreign policy
BUSINESS
The Eastern Window: Why the US secretly fears a thaw in the India-China relationship
A thaw in the disturbed relationship between India and China may appear theoretical at this time. But Western strategists are already worrying about an improvement in their relationship because that would negate US plans to contain China
BUSINESS
The Eastern Window: Sri Lanka speaks in two voices to please India, China
Several important milestones were crossed in the India-Sri Lanka relationship during the recent visit of the Sri Lankan President to New Delhi. Though India is generous in assisting the crisis-hit country, it must take careful steps to counter Chinese designs in Sri Lanka and the Indian Ocean region
POLITICS
The Eastern Window | Can the US isolate China in Southeast Asia?
The US is presenting itself as a ‘protector’ of Southeast Asian countries like Singapore and Vietnam from China’s aggressiveness. But it cannot replace China's economic heft
BUSINESS
The Eastern Window: US remains politically aggressive towards China, but ready to soften trade rules
US Treasury Secretary Janet Yellen has assured China that investment restrictions would be limited to security areas and not affect the broader Chinese economy. The US is clearly trying to enhance cooperation in business areas while continuing with its aggressive stance towards China on political and security issues
BUSINESS
The Eastern Window: SCO meet to advance India’s multipolarity game
Under India’s presidency of the SCO, heads of eight countries will discuss international issues at an online summit on Tuesday. It will be an opportunity for member countries to reassess their relations with Russia after President Vladimir Putin survived the mutiny in his security apparatus
BUSINESS
The Eastern Window: US readying India to share some of the burden of decoupling with China
The US might want India to play an even greater role as the Russian mutiny has thrown up the possibility of major changes in the Ukraine war
BUSINESS
The Eastern Window: High unemployment among Chinese youth poses a serious challenge to Xi Jinping
China’s claim of recovering from the economic slide seen during the Covid pandemic years has proven to be false. Official figures show a serious downturn in different economic segments. But what poses a serious political challenge is the record level of joblessness among the young population
BUSINESS
The Eastern Window: US backs Japan’s chip war against China
Japan has now joined US efforts to decouple China from the global technology supply chain. The idea is to slow down China’s arms manufacturing. But China is responding by pouring more money into semiconductors and arms manufacture. It has also banned US-based Micron, which counted China as its third biggest market. India is closely watching the evolving situation.
BUSINESS
The Eastern Window: Elon Musk joins rising chorus against Biden’s China policy
Elon Musk and Jamie Dimon are among those directly challenging the Biden administration’s move to decouple from China at the economic level. The CEOs are concerned about their future business, but they may also influence US policy because the interest of American workers and consumers are at stake
POLITICS
The Eastern Window: Is Pakistan heading towards yet another military dictatorship?
The military is cracking down on Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party and instigating desertions from its cadre. But the army is also fighting with its back to the wall after its reputation has been besmirched by accusations and mob attacks on its installations. The question is whether the army will organize a coup and seize power
BUSINESS
The Eastern Window: An expanded BRICS will be a challenge to US hegemony
BRICS is due to play a key role in oil politics with six crude producing nations including Saudi Arabia seeking its membership. This is among the efforts being made to reduce US influence in world affairs with China and Russia playing a key role. Efforts include an attempt to create a BRICS currency to ditch the US dollar
BUSINESS
The Eastern Window: Political turmoil may hit Pakistan’s link with China
The possibility of the military imposing martial law in Pakistan appears imminent as its reputation has suffered a beating. China is watching closely and even preparing for a change of guard
BUSINESS
The Eastern Window: Internet nationalism targets foreign brands in China
Global brands have come under severe attack by nationalistic Chinese in one of the world’s biggest markets. This is partly the result of the rising bitterness and trade war with the US. But western companies are compounding the situation with PR mistakes
BUSINESS
The Eastern Window: Why pretend to keep the US at arm's length?
India may adopt a neutral stance to meet short-term goals like getting cheap Russian oil, but in the long term, India’s future will be best served by closer alignment with the western hemisphere
BUSINESS
The Eastern Window: Tightrope walk for India at SCO meet
India is hosting the meetings of the Shanghai Cooperation Organisation which represents 40 percent of the world population and diverse political ideologies. The big question is whether this will provide an opportunity for India to reduce tensions with Pakistan and China and also preserve its non-alignment on the Ukraine issue
BUSINESS
The Eastern Window: Is Bhutan warming up to China?
The Bhutan King’s recent visit to New Delhi helped to further strengthen the ages old bond between the two countries. But a statement by Bhutan’s Prime Minister in late March seemed to boost China’s position on the Doklam issue, raising serious concerns in India
