Indian Defence Budget 2021 is expected soon. Ever since Narendra Modi government came to power, expectations have been high. Let us see what are the expectations from our Armed Forces towards this budget.
With CPEC, Pakistan is moving towards an economic doomsday at a much faster pace than expected. Corruption, lack of transparency and no accountability is speeding its falling situation.
China created a massive manufacturing-based economy which has created stiff competition among the Global as well as local Chinese Companies in terms of Technology and price. Fourth Article in the series of five.
Due to its industrial policies, China created a massive manufacturing-based economy which has created stiff competition among the global, as well as local, Chinese companies in terms of technology and price.
Tejas Mark 1A is a Lethal Punch for Enemy and a Symbol of Indian Technology. Project was initially slow but last 10 years had been crucial when the project took a faster pace and the result is there in front of us.
CPEC planned seven major road and rail projects. Today after spending more than its original budgeted cost, CPEC is struggling to complete even 25% of the planned projects.
China Pakistan Economic Corridor: How China is Using Its ‘Debt Trap Diplomacy’ to Lure Developing Nations
When we talk of China, the first thing that comes to our mind is its “Debt Trap Diplomacy”. China is known for using this to lure developing nations into borrowing more than they can afford to finance its infrastructure projects and then seizing strategic assets as loan collateral.
Recent Ngorno-Karabakh war gave a lot of lessons; most important of them was the use of armed drones; and that there is still a way to win the war without sending soldiers to the battlefield.
The decision to make Pakistan a partner in Chinese Belt and Road Initiative Program and the announcement of the China Pakistan Economic Corridor (CPEC) was a well-calculated move by China. At a time when Pakistan was struggling to manage its economy, it was easy for our western neighbour to fall for the Chinese trap.