Tuesday, February 06, 2024

Canada is far, China is here.

"Lenders in the world's two most-populous nations are having very different problems with monetary and fiscal taps. In China, creditors are drowning in cheap central-bank cash but loan demand is muted. In India, banks are in the middle of their fastest expansion in a decade, but they're parched for liquidity." "Unlike Beijing, New Delhi has every reason to be sanguine about growth. A 7%-plus rate of economic expansion gives it breathing room to slay inflation before embarking on a fresh investment spree after the polls." ET. "The Chinese government recently issued a statement supporting Pakistan's claim of the Indian government being involved in killing Pakistani nationals on its soil." Canada's Prime Minister Justin Trudeau accused India of killing Hardeep Singh Nijjar in British Columbia and the US accused India of plotting to kill US citizen Gurpatwant Singh Pannun. India has rejected these accusations as malicious anti-India propaganda. "While these incidents are recent, India was also in the dock in July 2021 when fugitive diamantaire, Mehul Choksi, released an audio tape on his repatriation to Antigua from Dominica, accusing Indian agencies of executing a kidnapping." The Statesman. "India has remained steadfast on not cooperating with the probe launched by Canada in connection with the killing of Khalistani Sikh separatist Hardeep Singh Nijjar," and "New Delhi's envoy to Ottawa, Sanjay Kumar Verma, said that India would not help Canada in the probe unless it received 'relevant and specific evidence'." DH. "The Canadian Security Intelligence Service in a report has accused India of interfering in the country's election. In its intelligence report, the agency named India as a 'foreign interference threat'." BT. "A Czech appeals court has ruled that Prague can extradite to the United States an Indian man (Nikhil Gupta) accused by the US of involvement in an unsuccessful plot to kill a Sikh separatist on American soil, the Justice Ministry said." Reuters. However, "Czech Republic suspended the extradition proceedings of Indian national Nikhil Gupta,...after the accused approached the Constitutional Court to prevent his extradition to the US." TOI. "After a diplomatic row between the Maldives and India, Chinese tourists have overtaken Indian holidaymakers visiting the archipelago nation, according to official figures." As of 4 February, China was at number 1 with 23,972 tourists, while India had dropped to number 5 with 16,536 tourists. TOI. "The anti-India online campaign in Bangladesh" with "The hashtag urging people to stop using India-made products was the most prominent and has so far raked up over 3,800 posts on X (formerly Twitter)." The recent general election was won by Prime Minister Sheikh Hasina's Awami League party in a landslide as the opposition Bangladesh Nationalist Party (BNP) boycotted the election. BBC. "India has openly interfered and influenced Bangladeshi elections for the past 15 years," accused the BNP. Just sore losers looking for an excuse? A Chinese delegation has been visiting Male, Dhaka and Kathmandu to stir the pot. DH. And, suddenly the danger becomes serious. Now what?  

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