The border tension between India and China is now turning into economic tension. Since Covid, companies around the world are continuously shifting their manufacturing centers from China to India. The biggest name included in this is Apple. In such a situation, China has joined hands with Taliban to challenge India. Now how will this alliance cause economic loss to India?
China is going to hold a meeting of its 'Belt and Road Forum' this week. More than 120 countries are expected to participate in it. Now the news is that China has made preparations to include Taliban in its ambitious project. After the Taliban took power in Afghanistan in August 2021, China has stepped forward by starting talks at this level. This will be the first time that Taliban will participate in a summit of this level.
Taliban will come to BRI
Belt and Road Initiative (BRI) is China's biggest global project. Its purpose is to, in a way, revive China's ancient Silk Route. Taliban's acting Commerce and Industry Minister Haji Noruddin Azizi is going to attend the BRE meet to be held in China on Tuesday and Wednesday.
Afghanistan has large reserves of copper, gold and lithium. These are worth about 3,000 billion dollars. China is planning to develop a large copper mine in Afghanistan and is in talks with the Taliban for this.
India's economy will suffer losses
Recently India successfully organized the G20 summit. A special feature of this event was the agreement to revive India's ancient 'Masala Route' like China's 'Old Silk Route'. For this, it was said to develop India-West Asia-Europe Economic Corridor.
This corridor will act as a counter to China's BRE. In this, India will be connected to Western Asia by sea route, from where Europe will be connected through road and rail network. Afghanistan can also play an important role in this, but now China's talks with Taliban can cause huge economic loss to India. Anyway, due to Israel-Hamas war, clouds of crisis are already looming over this project.
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