Pointing to the Future

India Needs a Prudent Strategy to Chinese Free Trade.  Given that China does not provide Indian technology firms and content creators a level playing field, India needs to calibrate counter-measures in proportion to the level of discrimination, which will serve as a global signal and strengthen New Delhi’s negotiating positions vis-a-vis Beijing.

A Silk Road for the Heavens.  With China focused on its Belt and Road initiative, India has significant capabilities in the space and digital domains and an opportunity to shape the future of global space and digital connectivity.

Why India Must Lower the Cost of Capital Over the Next Decade.  Given that India is currently the fastest-growing major economy in the world, access to cheaper funds is crucial to unleash investment by the private sector.

India Has Shed its Traditional Defensiveness Towards the Middle East.  India’s relations with Saudi Arabia and the United Arab Emirates have never been better, which is primarily due to the shift in policy to focus on India’s national self-interest rather than religion.

A Single-Rate GST is Neither Doable nor Desirable in India.  Given that India is a low-trust society and its extreme diversity makes tax compliance difficult to enforce without a great deal of coercion, the logical way forward is to make GST reasonably progressive, and yet, easy to comply with.

A New Balance Point in the China-U.S. Trade War.  Trade negotiations between China and the United States have begun to show progress, evolving towards a balancing point between strategic competition and transformative engagement, dispelling the haze of uncertainty in the global economy created by the trade war and economic infighting.

As Italy Joins Belt-Road Initiative, E.U. Leadership Faces China as United Front.  With Italy having signed onto the Belt and Road Initiative, it has signalled the wave of nationalism growing in Europe which has offered China an opening to wedge its way into Europe through bilateral agreements with individual states, undercutting the European Union as a whole and allowing it to cut deals that are more lucrative for itself.

China Needs to Make the Belt and Road Initiative More Transparent and Predictable.  At a time when China’s economy is slowing and institutionalising, China needs to make the BRI more transparent given global perception of China ‘trapping’ its BRI partners financially and the fact that China has not disclosed a reliable list of BRI projects, nor the amount it has invested.

Balancing Growth and Structural Adjustment in China.  The government should pursue higher spending (taking advantage of a strong fiscal position), supported by accommodative monetary policy to maintain reasonable growth in infrastructure investment in order to compensate for declining real estate investment and weakening exports.

The Case for a Pragmatic India-Taiwan Partnership.  Given the oscillations in India’s relationship with mainland China due to border disputes and other geopolitical issues, it would be prudent for India to shift toward a greater emphasis on cultivating a more normal, pragmatic relationship with Taiwan given there are several avenues of cooperation including trade, investment, tourism, and education.