A key piece of Nepal’s long-anticipated trade infrastructure has stalled dramatically after Beijing informed Kathmandu that it is halting construction of the Rasuwa dry port, a China-funded inland container depot near the Nepal-China border.
In a move signalling a profound shift in Pakistan’s infrastructure financing and geopolitical posture, China has withdrawn from financing the pivotal Main Line-1 (ML-1) railway project, a cornerstone of the China–Pakistan Economic Corridor (CPEC)
At the Sixth Trilateral Foreign Ministers’ Dialogue held in Kabul on 20 August 2025, Afghan Acting Foreign Minister Amir Khan Muttaqi, Chinese Foreign Minister Wang Yi, and Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar reached a landmark agreement to extend CPEC into Afghanistan.
In a significant diplomatic shift prompted by mounting climate risk, Nepal and China have agreed to begin sharing critical cross-border intelligence on glacial lake outburst floods (GLOFs) that threaten lives and livelihoods in the fragile Himalayan region.
The study, published this month in Nature Communications, Earth and Environment, says East Asian efforts to reduce atmospheric aerosols was likely to have accelerated global surface warming since around 2010.
There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
Speaking at a business forum attended by around 100 Chinese companies eager to explore investment and trade opportunities in Sri Lanka, Minister Wang called for accelerating negotiations on the FTA.
Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.
As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.
As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.