To understand the term “debt relief diplomacy” we first need to understand the ontology of Chinese international relation and its comparison with Western ontology. Zhao Tingyang, 2006 defined the major difference as Chinese ontology is “ontology of relation” while the Western is “ontology of things”. According to him Chinese model strive for transformation of relation, […]
CPEC, debt trap or debt relief
Before, delving into, either CPEC is a debt trap or not, let’s try to understand the debt trap concept and how it works. In lay man language or simplest way to explain is, a debt which borrower cannot pay without taking new loans. It initiates a vicious cycle of borrowing, which goes on. Subsequently, the […]
The idea of spatially hybrid urbanization
Cities have been assigned the tag of engine of growth, due to their multifaceted role in industrialization and expansion of business. The historical data, trend and empirical analysis also point to the same conclusion. World Bank in 2020, highlighted that 80 percent of world GDP is being generated from cities. The UN-Habitat described that the […]
Elite capture to elite abuse
Elite capture is being defined as, where the most powerful groups acquire the decisive power of the political decision making, distribution of resources and defining the status of classes. Principles and agents of political economy work hand in hand and work out strategies to ensure the control over power of allocation and distribution of resources. […]
COP-26 UK: Questions need answers
COP-26 is going to be organized sense of hope and maturity. The hope is derived from the positive developments during the last few months. The worst opponents of climate change are vacating the power houses. World is coming out of COVID-19 with the realization that we can manage our lifestyle to check the rampant GHG […]
Year 2020: China Triumph fromCOVID-19 to RCEP & CAI
China entered 2020 with trouble knocking at the door. The deadly attack of COVID-19shook the country. It started from Wuhan and encompasses the whole country. China had to fight multifaceted fight. China was struggling to understand the pandemic and devising strategies to save the people and contain the virus. China was expecting cooperation if not […]
China between criticism and flattering
China’s transformation is a marvelous story. A country with 81 percent poverty is now the second largest economy of the world. The transformation led to enhanced global relevance and currently China is formidable economic power. China contributes40 percent in global manufacturing and is trade partner with 120 countries. The status has been further strengthened after […]
Privatization of what? SOEs or governance
Privatization paranoia is not going anywhere. Government seems to be obsessed to go for privatization at any cost like previous governments. The argument for privatization has same ingredients, which are we hearing for long time. State Owned Enterprises (SEOs) are loss making entities. It is burden on national exchequer. SOEs have become bottomless buckets, which […]
New philosophy of development of China and CEWC
China concluded “Central Economic Work Conference (CEWC)” on 18th December 2020. Although, it is annual fixture but this year it became headline due to three specific reasons. Firstly, China is facing arduous challenges at international and domestic levels. Internationally, China is busy to combat the un-necessary trade war and furious opposition to China rise, especially […]
Economy and fifth generation warfare
Let be clear, fifth generation warfare (FGW) is not only use of media or social media. It is war of narratives supported by hard facts and data. Social media hype can divert attention for time being, but it is not sustainable without the hard facts and figures. The evidence-based logic is key to develop narrative […]

