The shallow waters of the Gulf of Kutch, an inlet of the Arabian Sea along the northwestern coast of India, are ideal for fishing, with coral reefs and mangrove forests that provide breeding grounds for a diverse array of marine life. On the gulf’s northern coast, near the town of Mundra, the gently sloping seabed and calm tides make it easy to catch local delicacies like prawns, pomfret and a type of lizardfish known colloquially as “Bombay duck.” The Waghers, a Muslim minority group, have fished these waters for generations. They maintain permanent inland villages, but from September until May, [...]
Infrastructure
QUETTA, Pakistan—Crown Prince Mohammed bin Salman visited Pakistan last week and promptly pledged twice the amount of Saudi investment in infrastructure that observers had expected: $20 billion. Though it may not all be delivered, the promised money signaled the growing Saudi role in major infrastructure development in Pakistan. Until last year, such projects were being funded prominently, and almost exclusively, by China. But last fall, soon after Prime Minister Imran Khan took office, Pakistan unexpectedly invited Saudi Arabia to join the China-Pakistan Economic Corridor, or CPEC—the big-ticket Pakistan component of China’s huge Belt and Road Initiative, which was previously only [...]
From the United States to Australia, countries are tightening restrictions on investment in strategic sectors like energy and defense, with a wary eye toward China. There are mounting concerns globally about the pitfalls associated with Chinese investment and whether it is a Trojan horse for Beijing to gain access to critical technologies, data and infrastructure that it can use for its own military ends. Europe is not immune to these concerns, and late last year, the European Union passed an investment screening mechanism of its own that specifically targeted China. Yet the EU will still have to do more to [...]