Washington, March 21 (IANS) Alarmed by China’s expanding financial footprint in South Asia, US lawmakers have pointed to mounting debt in countries like Pakistan and Sri Lanka as they pushed to strengthen American tools to compete with Beijing’s global lending.During a congressional hearing this week on the Export-Import Bank of the United States (EXIM), influential American lawmakers from both parties warned that China’s state-backed financing is reshaping economic and strategic alignment…
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Thiruvananthapuram, Jan 16 (IANS) Kerala’s ambitious Adani Group-run Vizhinjam International Seaport project is set to enter a decisive new phase with the inauguration of its second stage of development on January 24, marking a major milestone in the state’s port-led growth strategy, an official statement said on Friday.According to the statement, Chief Minister Pinarayi Vijayan will inaugurate the construction works at a function scheduled at the port site at 4 p.m.The event will also witne…