2point6billion.com discusses business and investment news rising from the geopolitical relations of China and India, and the interactions these two countries have with the rest of emerging Asia.
Nov. 30 – India and Russia plan to strengthen long-standing military and trade ties ahead of a trip by Russian President Dmitry Medvedev to New Delhi next month.
Russian Foreign Minister Sergei Lavrov flew to the Indian capital to prepare for Medvedev’s December 21-22 meeting with Indian Prime Minister Manmohan Singh. Continue reading
Nov. 30 – Speaking before the opening of the United Nations climate summit in Cancún, Mexico, U.S. Energy Secretary Steven Chu said that the United States should invest in research and development to spur innovation in clean energy technology, much like China has done over the past few years.
“We face a choice today. Are we going to continue America’s innovation leadership or are we going to fall behind?” Chu said. Continue reading
Nov. 29 – China and India have decided to push bilateral boundary talks forward and work on resolutions to the two countries’ border disputes.
The Chinese Foreign Ministry announced on November 23 that China and India will hold the 14th round of border talks in Beijing on November 29 to 30, before Premier Wen Jiabao’s visit to New Delhi next month. Chinese State Councilor Dai Bingguo and the Indian National Security Advisor Shivshankar Menon will represent their respective countries at the talks. Continue reading
Nov. 29 – North Korea’s military actions on Tuesday, November 23, have caused tensions in the region to run high. The following is a timeline of events over the past week:
Tuesday 9/23
North Korea shells Yeonpyeong Island, a South Korean island in the Yellow Sea that is roughly 80 kilometers west of Incheon and 12 kilometers south of the coast of Hwanghae Province, North Korea. Two marines and two civilians are killed in the attacks. Various heads of state express indignation at the North’s actions and global stocks plunge. China offers a muted response. Continue reading
Nov. 26 – The war-weary nation of Afghanistan has some additional sporting success to cheer as their national cricket teams created a major upset at the Asian Games in Guangzhou by beating Pakistan in the cricket semifinals.
It wasn’t just any win either – they trounced their neighbors and rivals by 22 runs after bowling Pakistan out for 103 for seven. In the other semifinal, Bangladesh also produced a shock by beating Sri Lanka. This is the first time that cricket has been featured as a competitive sport at the Asian Games. The entire country was glued to their TV sets as Afghanistan overcame a strong Pakistani opening to eventually secure victory in the 20-20 match. Continue reading
Nov. 26 – South Korean Defense Minister Kim Tae-young has resigned from his post following widespread criticism that the country has not been adequately responding to continued provocation by North Korea.
The target of such criticism was Kim’s unwillingness to deploy South Korea’s air force immediately following the attacks on Yeonpyeong Island earlier this week. However, the use of planes to retaliate against North Korea would, under the standard definition, qualify as an act of war; and many South Korean leaders remain understandably reluctant to engage their nuclear neighbor to the north in a full-blown conflict. Continue reading
Nov. 26 – The Shanghai Cooperation Organization is holding meetings in Dushanbe, the capital of Tajikistan, for talks on the security and economic development of the Central Asian region.
Chinese Premier Wen Jiabao attended, along with the leaders of Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Continue reading
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