Tridivesh Singh Maini is a strategic analyst at the Jindal School of International Affairs, Sonipat India. One of his areas of interest is the Belt and Road Initiative (BRI).
Alice Wells, the Principal Deputy Assistant Secretary of State for South and Central Asia at the US Department of State, recently criticised China's Belt and Road Initiative (BRI) for lacking transparency and being economically unsustainable.
After India withdrew the special status of Jammu and Kashmir, Pakistan suspended trade ties with India and banned all imports and exports. Pakistan also decided to suspend the import of Indian goods to Afghanistan under the Pakistan-Afghanistan transit treaty.
Joe Biden, who served as Vice President under Former US President Barack Obama, stated that the TPP in its current form was unacceptable and if elected as President, he would only make the US join the agreement if parts of it are “renegotiated”.
The first half of 2019 witnessed a decline in the number of Chinese tourists visiting ASEAN nations. Countries like Thailand can look to India to fill the gap. In 2018, 1.6 million Indians visited Thailand.
New Delhi and Beijing have taken steps to find common ground in new areas such as in the information technology sector. The National Association of Software and Services Company of India has set up IT corridors in Guiyang, Xuzhou and Dalian of China.
Pakistan’s Economic Survey released in June 2019 strongly underscored the point that the country’s economy is in doldrums. Growth is estimated at 3.3 percent (GDP to fall below 4 percent for the first time), down from well over 5 percent last year.
The UK may not be China’s first priority in terms of economic engagement, it has however become important as a consequence of China’s ties souring with not just the US but also with Australia.
While India views the Chabahar Port project as a means of bypassing Pakistan, Iran has on more than one occasion spoken about making China and Pakistan part of the Chabahar project.