South Asian countries cashing in on India, China competition - Indiatimes - May 10, 2012South Asian countries cashing in on India, China competition
BEIJING: Competition between India and China in the region has helped Nepal and other South Asian countries to balance their ties with the two big powers and benefit from both, a write up in a state-run Chinese daily here said.
"The triangular relationship among Nepal, China and India is a subtle one. Both China and India are indispensable to Nepal's economy," a commentary in the Global Times said today.
"Nepal is restrained by these two big economies, but it can also help bridge the two Asian giants' communications. Nepal can spur China and India to compete with each other and expand their clout in neighbouring countries," it said.
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India steps into Philippines spat over South China Sea - Indiatimes - May 11, 2012.NEW DELHI: As the Philippines braces for anti-China protests on Friday, India has stepped into the hottest South China Sea dispute to counsel restraint.
In an unusual statement that signals India's growing interests in South China Sea, the MEA on Thursday weighed in on the growing dispute between China and the Philippines. Admitting Indian concern about the events, the MEA spokesperson said, "Maintenance of peace and security in the region is of vital interest to the international community. India urges both countries to exercise restraint and resolve the issue diplomatically according to principles of international law."
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India finds oil drilling off Vietnam a losing proposition - The Hindu - May 11, 2012.India is likely to withdraw from an oil block in the South China Sea after hydrocarbons did now show up in an exploratory well, said government sources. Officials here have conveyed to Vietnam plans to terminate operations on commercial considerations, said the sources who knew about the talks.
The block has been at the centre of much diplomatic bad blood among China, Vietnam and India that included demarches, summons and affirmations of sovereignty over the same patch of sea.
The sources said the move to shut operations, that should relieve Beijing which was locked in another maritime dispute in the same sea with the Philippines, had been conveyed to South Block and the Petroleum Ministry but a decision would be considered final only when the state-owned Oil and Natural Gas Commission Videsh Limited (OVL) approached PetroVietnam for permission to stop operations. That stage had not been reached, they said, while Indian officials said they were not sure whether OVL had written to the Indian mission in Hanoi and asked it to formally convey the request to Vietnam.
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Look East for friends - The Pioneer - May 10, 2012.Given China's military cooperation with Pakistan to ‘contain’ India, New Delhi must work to strengthen its own security ties with friendly Asean capitals.
There are multiple layers in China’s approach to relations with India. At one level, there is a Chinese recognition of India emerging as a power that cannot be ignored and that Chinese interests are served by being seen to have a cooperative relations with India, in forums like BRICS and the G 20. These links are chosen to sometimes describe India as having an “independent” foreign policy, even as concern is periodically voiced, over growing US-Indian strategic ties. This ostensibly positive approach is balanced by heaping ridicule on India, or making threatening noises, whenever India enhances its space and missile capabilities, or seeks to bolster its defences along its borders with the Middle Kingdom. But, above all, there is a dominant theme of ‘containment’, in China’s policies towards India.
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