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Xiamen Hithium and Reliance Industries’ New Partnership is a Threat to India
Maybe Chairman Mukesh Ambani isn’t aware that much of Hithium’s latest $620 million investment round comes from firms linked to the Chinese government, including the China National Defense Investment Fund, a state-backed fund focused on modernizing the PLA. Maybe the Reliance Industries Board of Directors has never had a quick look at Hithium’s financials, which…
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China Arms Pakistan and Raises Stakes With India
India-Pakistan tensions are escalating after cross-border strikes. China, Pakistan’s “ironclad friend”, is backing Islamabad with missile delivery and diplomatic support, sending a clear message to India and safeguarding its strategic interests in the region, says columnist Syed Fazl-e-Haider. India on 7 May launched missile strikes at six locations inside Pakistan in retaliation for an attack last month that killed 26 tourists…
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Is China the winner in the India-Pakistan conflict?
The four-day conflict between arch-rivals India and Pakistan this month ended with a ceasefire and both claiming victory – but it now appears that China’s defence industry might also be an unlikely winner. The latest flare-up began on 7 May when India launched attacks on what it called “terrorist infrastructure” inside Pakistan in response to the brutal killing…