The US Dollar May Fall As SGD, PHP increase. USD/USD outlook biased low due to China-India border tensions sparking volatility in USD and SGD.
China-Pakistan border disputes stirring economic turmoil in both China and Pakistan. Economic growth is not sustainable in China and is not encouraging investors. Both Pakistan and China have a mutual economic interest in stability.
Oil prices, China’s slowing economy and oil supply are a major concern for the Chinese leadership. Global demand is decreasing. A new Chinese leadership has taken over but is that going to help balance out these challenges?
India is emerging as a major energy and industrial exporter. It is now in a position to meet demand for both raw materials and manufactured goods. India’s new and fast developing rail network is becoming an integral part of its economic growth. This is good for China. A pipeline connecting India and China through Pakistan is expected to be operational within 2 decades.
Pakistan is becoming a significant player in the energy and industrial trade in Asia, especially with India on its side. Pakistan will become more economically attractive to China. China may be interested in using Pakistan as a transit route for crude oil imports. A natural gas pipeline is also being planned.
Pakistan is emerging as a major player in energy and industrial trade in Asia, especially with India on its side. Pakistan will become more economically attractive to China. China may be interested in using Pakistan as a transit route for crude oil imports. A natural gas pipeline is also being planned. China is looking for alternative fuel sources to meet their domestic requirements and is becoming increasingly dependent on imported crude oil and natural gas.
China is now a leading supplier of military hardware and services to Pakistan, in addition to their growing relationship. on the Indian Ocean. China is increasingly dependent on Russian technology for their nuclear weapons development. Pakistan has become a major player in nuclear weapons procurement. India and Pakistan may collaborate on missile defense capabilities.
Pakistan is now a leading supplier of military hardware and equipment to India, according to the Stockholm International Peace Research Institute. China’s growing economic and political influence is now becoming evident, in addition to their growing military cooperation with Pakistan. Pakistan is becoming increasingly important to the security of the Indian Ocean, as well as providing security to the Sino-Pakistani boundary