New Delhi, July 1 (IANS) Nearly two decades after former premier Wen Jiabao lamented that the Chinese economy was excessively dependent on export-led growth, the problem has become even worse, according to a new report.China’s efforts to rebalance its economy have been an absolute failure, states the article by economist Stephen S. Roach in Malaysia’s The Star news website. “The lack of meaningful consumer-led rebalancing implies increased reliance on these time-worn sources of economic ac…
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George Town, May 3 (IANS) A newly opened Indian cultural facility in Malaysia is drawing attention for showcasing rare and historically significant artefacts that highlight the depth and diversity of India’s heritage.The Indian Heritage Gallery and Cultural Centre at George Town in Penang has emerged as a unique space dedicated to preserving and presenting Indian art, traditions, and history to a global audience, particularly the Indian diaspora in Malaysia.Among its standout exhibits is a tradi…
Islamabad, March 19 (IANS) Pakistan’s response to the ongoing conflict in West Asia has sparked concerns about the strength and credibility of the Saudi–Pakistan Strategic Military Defence Agreement. Recent events involving Iran, Saudi Arabia and Pakistan have revealed cracks in ties long projected as strategic and reliable. “The agreement, first signed with much fanfare, was framed as a partnership in which both nations would support each other in the event of external threats. Analysts at th…