India will increase barriers to Chinese investment

2021 ◽  
Keyword(s):  
Bilateral Trade ◽  
Western Himalayas ◽  
Content Type ◽  
Chinese Investment ◽  
China And India ◽  
Japanese Investment ◽  
Large Numbers ◽  
No Man's Land ◽  
India And China

Significance China and India, which have long had difficult relations, have only partially disengaged from a border stand-off in the Western Himalayas that began in May 2020. Although bilateral trade is up this year, several deals for China to invest in Indian businesses are now frozen. Impacts India and China will maintain large numbers of troops along their mutual border, with a reduced no man’s land between them. Delhi will increase defence purchases from Washington and other key partners. Western and Japanese investment in India’s tech sector will grow markedly.

Future of China-UK engagement lies in Beijing’s hands

2020 ◽  
Keyword(s):  
United Kingdom ◽  
Nuclear Power ◽  
Bilateral Trade ◽  
Prime Minister ◽  
Educational Partnerships ◽  
Economic Sectors ◽  
China Policy ◽  
Content Type ◽  
The United Kingdom ◽  
Large Numbers

Significance Prime Minister Boris Johnson talks of a “calibrated” China policy that combines toughness in particular areas with continued engagement in others. Impacts Migration of Hongkongers to the United Kingdom in large numbers would invigorate anti-Beijing activism. Chinese investments in UK nuclear power are unlikely to proceed as planned. Beijing’s extraterritorial attempts to suppress dissent in the United Kingdom will intensify. Universities and researchers should expect a push for government-mandated reviews of UK-China research and educational partnerships. Beijing may target particular firms or economic sectors to ‘punish’ London, but most bilateral trade will continue.

US moves against Chinese technology may backfire

2018 ◽  
Keyword(s):  
Bilateral Trade ◽  
Trade Deficit ◽  
Policy Framework ◽  
High Tech ◽  
Investment Policies ◽  
Content Type ◽  
Chinese Investment ◽  
Made In China ◽  
The Impact ◽  
Made In

Subject The impact of US tariffs on China's Made In China 2025 industrial policy framework. Significance 'Made in China 2025' has become a byword for US grievances against China's trade and investment policies. US tariffs against Chinese products are primarily aimed not at trimming the bilateral trade deficit, but at forcing China to abandon policies by which it hopes to challenge the US position as the global high-tech leader. As such, the tariffs target the high-tech sectors Beijing seeks to develop. Impacts China will step up efforts to reduce reliance on US suppliers. Washington may press other countries to block Chinese investment or supplies of key components. China will seek greater high-tech cooperation with Russia; Russia will oblige. China may make greater use of cyberattacks in order to obtain advanced US technology.

scholarly journals Trade intensity and revealed comparative advantage: an analysis of Intra-BRICS trade

2018 ◽  
Vol 13 (5) ◽  
pp. 1182-1195 ◽  
Author(s):  
Javeria Maryam ◽  
Umer Jeelanie Banday ◽  
Ashok Mittal
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Trade Flows ◽  
Trade Intensity ◽  
Revealed Comparative Advantage ◽  
Holistic View ◽  
Content Type ◽  
Brics Countries ◽  
Comparative Advantages ◽  
India And China

Purpose In the recent international scenario, the rise of emerging economies, in particular, Brazil, Russia, India, China and South Africa (BRICS) has gained ample of attention. The global trade flows of the BRICS countries have significantly increased during the last one-and-a-half decade. The purpose of this paper is to examine the intra-BRICS and BRICS–EU trade flows. Design/methodology/approach To study the intensity of trade among BRICS countries and with EU, the Trade Intensity Index is employed for the period 2001–2015. Balassa’s revealed comparative advantage (RCA) index is computed for the assessment of comparative advantages of exports by BRICS countries in the year 2015 in the global markets. A comparative analysis of export similarity is done for India and other BRICS countries in EU. Findings The findings of trade intensity showed large bilateral trade flows among BRICS member. Russia has emerged as the main trading partner with EU in BRICS. For the year 2015, the comparative study of RCA at HS-two digits and HS-four digits classification highlights marginal structural changes in the export composition of these countries. The analysis revealed that Brazil and Russia have comparative advantages in natural resource-based products, while India and China possessed comparative advantages in manufactured and processed products. The export similarity index shows the presence of competition between India and China in EU. Practical implications This paper highlights the need for closer cooperation to promote intra-BRICS trade and to make structural transformations in the basket of trading products by them to have trade benefits at large. Originality/value Numerous studies are available on bilateral trade of BRICS members. However, limited studies are available to get a holistic view of intra-BRICS trade. This paper is an attempt to examine the BRICS countries trade profile both at global levels and within the group.

Institutional Distances and Economic Engagement Between India and China

China Report ◽  
2017 ◽  
Vol 53 (2) ◽  
pp. 214-231
Author(s):  
Santosh Pai ◽  
Aravind Yelery
Keyword(s):  
Institutional Distance ◽  
Chinese Enterprises ◽  
Chinese Investment ◽  
China And India ◽  
Major Trading Partner ◽  
Institutional Differences ◽  
Growing Economy ◽  
Economic Engagement ◽  
Case Basis ◽  
India And China

This article argues that bridging institutional distance is a reliable method to increase the flow of Chinese investments into India. India’s growing economy and ability to attract investments from China meets most of the conditions that can be considered attractive for investments from China. This is complemented by China also fulfilling many of the criteria as a source of foreign direct investment (FDI) into India. China is a major trading partner of India but the Indian economy remains highly deficient in Chinese investment which undermines reciprocity in economic affairs. The possible reasons for underinvestment by Chinese enterprises in India are partly associated with the lack of sufficient interactions between institutions of both the countries, which in turn creates ‘institutional distances’ impacting economic affairs. This article attempts to throw light on these issues from theoretical and behavioural perspectives. Apart from instances of ‘institutional differences’, the article will also attempt to address how select ministries in China and India function while dealing with each other on a case by case basis.

Police corruption: a comparison between China and India

2018 ◽  
Vol 25 (2) ◽  
pp. 248-276
Author(s):  
George Chak man Lee
Keyword(s):  
Qualitative Research ◽  
Success Factor ◽  
Police Corruption ◽  
Content Type ◽  
China And India ◽  
Critical Success ◽  
Social Modernization ◽  
Criminal Legislation ◽  
Chinese Police ◽  
India And China

Purpose There is no comparative research into the Chinese (PSB) police and the Indian police generally and none on police corruption in particular. This paper aims to show what police corruption and malpractices look like in China and India and offer up some suggestions as to why wide spread malpractices persists. Design/methodology/approach Horses’ mouth qualitative research is supported by primary public and police survey data. Findings There are many similarities in corruption “tricks of the trade” in both the countries, as well as in the reasons for its persistence. However, petty police corruption is more pervasive and less subtle in India. But both the forces suffer from politicization of policing, criminalization of politics, culture of tolerance towards substantive justice over procedural justice and master/servant attitude towards the public. In China, the police have administrative powers beyond criminal legislation, and Indian corruption is underscored by the culture of “Jugaad”. Research limitations/implications This is largely a qualitative research, so the usual arguments regarding limitations on its generalization applies. However, the insights in this article may provide some understanding of this under-researched topic and may stimulate further research in this field. It may also offer pointers to potential solutions for practitioners and policymakers. Practical implications By providing data on what corruption looks like and why it persists, policymakers can use the findings of this study to develop measures to address them. In so doing they would create a police service in India and China that is less prone to corruption and misconduct, thereby increasing public trust in these institutions. Social implications Peace and security is a prerequisite condition for economic and social modernization through the rule of law. Reform of the police is a critical success factor in this process. Therefore, by reforming the police, India and China stand a better chance of eradicating poverty and reducing inequality. Originality/value There is little in the way of research into the Chinese Police and none into Chinese police corruption. There is also no comparative study of the Chinese and Indian police generally and none on police corruption in particular.

Beyond copper: China and Chile relations

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Juan Enrique Serrano Moreno ◽  
Alejandra Pérez Ceballos ◽  
María Gabriela De Abreu Negrón
Keyword(s):  
Latin American ◽  
Bilateral Trade ◽  
Trade Agreement ◽  
Content Type ◽  
Economic Relations ◽  
Chinese Investment ◽  
Challenges And Opportunities ◽  
Belt And Road ◽  
Andean Country ◽  
Chinese Foreign Direct Investment

PurposeThis study aims to investigate the Chile–China diplomatic and economic relations in the light of the extension of the bilateral free trade agreement (FTA) and the Chile's accession to the Belt and Road Initiative (BRI) in 2019.Design/methodology/approachThis study takes Chile as a case of study to identify the main upcoming challenges and opportunities for relations between China and Latin American and the Caribbean (LAC) countries. The study examines news and official data on trade, investment and foreign policy.FindingsThe findings are twofold. First, the increasing and diversification of exports from Chile to China. Second, the participation of Chinese companies in public tendering procedures, which is increasing Chinese foreign direct investment (FDI) in the country. The growing volume of trade does not make Chile's economy more dependent on copper exports, and Chinese investment may help solve the structural deficit in infrastructures of the Andean country.Originality/valueThis study presents an overview of Chile as a partner for China and evaluates the relationship's impact on the development of the former. Recently collected data on bilateral trade and investments are analyzed to contribute to the emerging literature on Chinese and Chile relations.

scholarly journals Reflection of India-China Relations in Indian Media: Problems and Perspectives

2021 ◽  
Vol 26 (1) ◽  
pp. 142-148
Author(s):  
Vishal Sharma ◽  
Marina G. Shilina ◽  
Manish Kumar
Keyword(s):  
Bilateral Trade ◽  
Mutual Understanding ◽  
Political Issues ◽  
China And India ◽  
Massive Growth ◽  
The Media ◽  
Ancient Civilizations ◽  
India And China

China and India interactions are dominated by strategic and business concerns. Despite the massive growth of bilateral trade between China and India, tensions over territorial and political issues have also grown, particularly in the last years. These effects are mediated and often inflamed by media depictions and perceptions of these tensions. India and China are both aware that peace and cooperation are essential. But it seems some media are more intent on fanning the flames than focusing on the ties that bind the two ancient civilizations. The media can play a constructive role in promoting mutual understanding. This paper deals with different areas of bilateral competition and convergence covered by the media as well as discusses the key differences between the Indian medias coverage of China and the Chinese medias reporting on India of the last years and especially in 2020. The article proposes to discover the problems and perspectives of the Indian media in India-China relations today.

China and India constrain Nepal’s decision-making

2020 ◽  
Keyword(s):  
Decision Making ◽  
Communist Party ◽  
National Sovereignty ◽  
Content Type ◽  
Policy Issues ◽  
China And India ◽  
Key Policy ◽  
India And China

Subject Nepal's deliberations on key policy issues. Significance The ruling Nepal Communist Party (NCP) is divided over a slated 500-million-dollar investment by the Millennium Challenge Corporation (MCC), a US aid agency. Some in the party fear the investment will compromise national sovereignty. Meanwhile, Nepal’s giant neighbours India and China continue to vie for influence over the landlocked Himalayan state. Impacts Nepal will further improve its transport and power connections with India and China. Kathmandu will try to pursue balanced diplomacy between Beijing and Delhi. Tensions within rival factions of the NCP are unlikely to ease.

India's Trade Relations with China and Russia in the Context of WTO

China Report ◽  
2005 ◽  
Vol 41 (4) ◽  
pp. 427-435
Author(s):  
Aditya Bhattacharjea
Keyword(s):  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Trade Agreement ◽  
Study Group ◽  
Trade Relations ◽  
China And India ◽  
Joint Study ◽  
Set Up ◽  
India And China

Trade between China and India has grown rapidly in recent years, and has received a further political impetus from the visit of the Chinese premier to India in April. After briefly summarising the relevant sections of the Report of the Joint Study Group on Comprehensive Trade and Economic Cooperation that was set up by the two governments, this essay examines two issues that deserve greater attention. First, the use of anti-dumping duties by India against imports from China and Russia in the context of both being treated as non-market economies; second, a possible Free Trade Agreement between India and China. The essay concludes that there are strong economic and political arguments for improving bilateral trade and communications and for modifying anti-dumping procedures, but the case for a bilateral FTA is not that strong.

Contagion risk: cases of Islamic and emerging market banks

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Da-Eun Yoon ◽  
Tonmoy Choudhury ◽  
Anup Kumar Saha ◽  
Mamunur Rashid
Keyword(s):  
Middle East ◽  
Extreme Value Theory ◽  
Emerging Market ◽  
Value Theory ◽  
Extreme Value ◽  
The Other ◽  
Islamic Banks ◽  
Content Type ◽  
China And India ◽  
India And China

Purpose Globally influential Islamic banks from the Middle East and Southeast Asia carry voluminous correspondence banking with banks from China and India, leading to potential spillover effect of contagion among the banks from these regions. This study aims to investigate the Islamic banks systemic risk contagion with major banks from China and India. Design/methodology/approach Having the option pricing theory in the backdrop, the authors calculated three different distance to risk measurements (default, insolvency and capital). The authors have included top six listed globally influential Islamic banks, top seven Indian banks and top eight Chinese banks based on their net asset value. They then measured the banks’ extreme shocks based on the extreme value theory by using the logistic regression model. These extreme shocks helped the authors to map the spillover among the selected banks from multiple regions. Findings The authors have found strong evidences of directional risk spillover among the banks in this sample. Islamic banks are receiving a significant risk spillover from the other sample banks but transmitting less toward the other banks from India and China. Hence, there is strong one-directional risk contagion toward the Islamic banks in the study sample. Practical implications This research would be particularly useful to the regulators and bankers from emerging and Islamic markets to understand the conniving nature of the crisis by effectively mapping the source, destination and implementation of the shock transmission mechanism of the potential financial contagion. Originality/value Even though the corresponding banking among the top Islamic banks from the Middle East and Southeast Asian countries, and banks from India and China, is on the rise, the assessment of risk among these banks has been limited. In particular, the authors extended on the extreme value theory to focus on the wider impact of spillover, including significant direction of contagion from non-Islamic banks to Islamic banks.

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