Global Times is such a propaganda mouthpiece. No way India considered using the yuan when rupees can be used.
Still, this is a good deal for India and a necessary one. The US may not like it but India is simply pursuing its interests here: having a steady flow of oil at a fixed price. This will...
You are only partially right. The yuan is no longer pegged to the USD. I admit this after doing some more research. Nevertheless, it's not completely free-floating. either. Per Bank of China's website:
A more detailed view is provided by the IMF here that is worth reading.
The USD is not the...
But China devalues its currency to make its exports cheaper. Unlike the other reserve currencies -- USD, Yen, Pound, Euro -- the Yuan is not a free-floating currency. In fact, the Yuan's value is pegged to USD. Strange, China wants the Yuan to supplant the USD but still pegs it to the dollar...
What prevents China from doing what the US currently does with its currency, by weaponizing it?
Besides, both the USD and Yuan are both reserve currencies. USD may dominate but it’s not the only game in town.
What retaliation do you have in mind, and for what purpose? And Pakistan's military really soft and gentle, as you claim, or are they just realistic and sober? There seem to be conspiracy theories swarming around the incident. There was no warhead in the missile, so a malfunction is a possible...
It’s not about Pakistan versus USA. Think of it more as a meeting of minds, where fellow pilots offer tips and tricks to each other. In the end, it’s all about best practices.
The current way to buy new cars in the US is anti-consumer as far as I'm concerned. Many states have laws that mandate the use of a dealership to sell cars even though these dealerships are no longer needed. Manufacturers would prefer to sell directly to the consumer and cut the middle man out...
China is even a closer friend of Russia yet they also chose to abstain. Is China a good time girl too? India voted to abstain for the same reason as China: there are limits even friends can't cross.
Pakistan bragged about how India was driven out of Afghanistan after the Taliban came to power, essentially making the country terrorist-free. But here we have Pakistan making the same accusation as before and with even less proof.
Because the Pakistan military acts more like a parallel government. They have their own agenda and have nothing but contempt for the civilians. COAS Bajwa is not only playing the role of army chief but foreign minister as well.
So Pakistan is willing to tolerate a restive western border...as a price of doing business to make sure Indians don't use Afghanistan. This suits India fine. A restive border is better than a peaceful one.
Is India getting contained? By whom? Don't tell me you came to this conclusion by IK's unconfirmed visit to Russia. It's only a visit, not a creation of a grand alliance.