It is a high stakes game but India’s strategy to deal with Pakistan is not limited to a destructive one. Border standoffIn June 2017 Chinese troops were spotted extending a road through a strip of land disputed between China and Bhutan. India’s rejection of the Belt and Road Initiative (BRI) may have triggered the confrontation that developed later in the summer. For China to continue ignoring or dismissing India’s interests and positions might turn out to be a gross miscalculation. Therefore, it is essential for China to gain access to global financial markets to complement its domestic resources.

Source: Mint February 17, 2019 16:52 UTC