“One country, two systems” is concocted to resolve the challenges facing the 1997 Hong Kong reversion to Chinese rule. The emphasis over a political construct suitable to Chinese conditions meant that problems over “one country, two systems” is not unexpected.
Compared with China’s high-profile anti-corruption campaign, the so-called “tiger hunt”, India has been more impressive on promoting a clean government, based on data from the Corruption Perception Index over the past few years.
Argentine has defaulted on its sovereign debt eight times since independence in 1816, and the country has been punctuated with regular economic crises in the past 70 years. The issue on hand is not so much about Argentine default, but the judgement and approach of the IMF.
On September 4, 2019, Hong Kong Chief Executive Carrie Lam announced that she will officially withdraw the extradition bill which caused much anguish and anxiety in Hong Kong. Protestors did not accept Lam’s withdrawal of the bill as it came too little, too late.
Indian Prime Minister Narendra Modi’s recent visit to Bahrain came amidst much fanfare and interest. He is the very first Indian prime minister to visit the Gulf state, considering that the two countries have shared close ties for centuries.
India has immense interest in the reduction of tensions between Washington and Tehran. The removal of tensions is important for India in the context of its oil needs as well as the Chabahar Port project which is India’s gateway to Afghanistan.
Even as the US threatens Iran with oil sanctions and war, China goes ahead with trade and infrastructure building there. Iran’s dependence on China highlights their shared interests against the US in the Middle East, Central and South Asia.
There are three major sets of challenges for India’s foreign policy. Firstly, meeting strategic challenges; secondly, responding to challenges of globalization and managing critical issues; and thirdly, evolving a national consensus on India’s national interests.
After India withdrew the special status of Jammu and Kashmir, Pakistan suspended trade ties with India and banned all imports and exports. Pakistan also decided to suspend the import of Indian goods to Afghanistan under the Pakistan-Afghanistan transit treaty.