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    BELT AND ROAD FORUM 2023 DATES

    NATO discusses reclaiming Chinese-owned infrastructure amid Russia conflict concerns

    NATO officials are considering reclaiming Chinese-owned infrastructure in Europe if conflicts with Russia escalate. Initially welcomed post-financial crisis, these investments are now seen as potential threats due to Beijing's support for Russia in the Ukraine war. The US is leading discussions to preemptively manage these assets. This reflects NATO's growing focus on China, as highlighted in a recent summit declaration. The strategy also includes addressing high-tech sectors, with some advocating for the EU to handle economic aspects.

    Vladimir Putin, Xi Jinping vie for influence at Central Asian summit

    Moscow and Beijing have deepened their political, military and economic ties since Russia launched its invasion of Ukraine in February 2022.

    View: Chabahar, port of a smart call

    Investing in Chabahar presents its own set of obstacles. The progress in the region has been hindered by US sanctions over the years. Since 2018, India has refrained from importing significant amounts of heavy Iranian crude and faced challenges in providing financial aid for the construction of the Chabahar-Zahedan railway in 2020 due to sanctions. Energy trade has long been the cornerstone of India-Iran relations, and this shift has temporarily strained bilateral ties.

    Maruti Suzuki Swift 2024 launched at Rs 6.49 lakh, also available on monthly subscription of Rs 17,436

    Maruti Suzuki Swift Price: Maruti Suzuki has launched the new Swift 2024 in India, priced at Rs 6.49 lakh (ex-showroom). The fourth-generation Swift comes with a new design and improved features, including a 9.0-inch touchscreen infotainment system. It will be available in nine colors and two transmission options, manual and automatic. The new Swift boasts of being 10% more fuel efficient for the manual variant and 14% more fuel efficient for the automatic variant. Safety features include 6 airbags as standard across all variants. The new Swift is powered by a new 1.2-liter Z-Series petrol engine, offering enhanced performance and a reduction in emissions.

    China aims for self-reliance in tech; vows to open manufacturing to foreign investors

    The commitments, published during the annual meeting of parliament, delivered a clear message: China is open for business, as long as it fits with a national agenda now defined by a quest for self-sufficiency.

    BRI in Nepal remains non-starter despite optimism among section of Nepalese leadership

    Nepal and China signed a memorandum of understanding on BRI in 2017. Nearly seven years since, not a single project under the initiative has either been executed or negotiated as successive governments in Nepal have been averse to borrowing loans from Beijing unlike Sri Lanka and Pakistan, according to Nepal watchers.

    The Economic Times
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