China's central bank is testing its digital currency in several major Chinese cities. The chairman of US Federal Reserve has recently confirmed that the US Central Bank is working on digital dollar. The State Bank of Pakistan announced in 2019 that it was developing a digital currency. It seems that the popularity of Bitcoin has triggered serious worries of loss of control of the official financial systems among the central bankers around the world. China's substantial lead in digital…

Asian Tigers built their strong economies by becoming export powerhouses. China has done so in more recent decades.  How can Pakistan do the same? An answer to this question came this week from Karen Chen of China's Challenge Apparel. Here's what she said as reported by Dawn News:

“Chinese want to shift their business to a place where they can set up their operations in 3-6 months. You know…

Pakistan is hosting navies from 45 nations, including the United States, China and Russia, for a joint military exercise named "AMAN 2021" in the North Arabian Sea later this month. This is the first time in a decade that Russian naval ships will attend drills with multiple NATO members. 

The news prompted Indian defense analyst Pravin Sawhney to tweet: "Pakistan Navy Aman 21…

Pakistan Air Force (PAF) has launched a Cognitive Electronic Warfare (CEW) program at its Center for Artificial Intelligence and Computing (CENTAIC), according to media reports. Modern connected weapon systems generate vast amounts of data requiring artificial intelligence and machine learning software for speedy analysis and rapid decision-making on the battlefield. …

With several major brands moving production to Pakistan amid the COVID19 pandemic, the country's exports have grown at a faster pace than those of Bangladesh and India, according to Bloomberg News. Pakistan's total textile shipments rose 7% in September, compared with India’s 6% and  Bangladesh’s 3.5%. …

Speaking with Fareed Zakaria on US cable news network CNN, former US Secretary of the Treasury Lawrence Summers told Zakaria's audience that "if the US had handled the pandemic as well as Pakistan,  we would have saved around $10 trillion ". 

Ex US Treasury…

Until 2010, Bangladesh was a laggard in South Asia region. Its per capita income was about half of Pakistan's. Now Bangladesh has surpassed Pakistan as the Pakistani economy has suffered significant slow-down from the previous decade. In fact, the Pakistan economy grew at the slowest rate in South Asia as reflected in per capita incomes. While Pakistan's per capita income more than doubled from $500 to $1,000 in the ten years 2000 to 2010, the growth has slowed to less than 30% from 2010 to…

"One hard truth that Indians have to contend with is that America has also had difficulty treating India with respect", writes former Singaporean diplomat Kishore Mahbubani in his latest book "Has China Won?". "If America wants to develop a close long-term relationship with India over the long run, it needs to confront the deep roots of its relative lack of respect for India", adds Ambassador…

As the South Asian nation of 220 million celebrates Defense of Pakistan Day, it is a good time to ask: Has Pakistan lost all wars to India? Indian defense analyst Pravin Sawhney says NO! In fact, Sawhney argues that Pakistan has never lost to India. Not in 1965, nor in 1971 nor Kargil!! Who is Pravin Sawhney? What makes him an authority on such matters?…

CNN GPS host Fareed Zakaria is known to be among the loudest cheerleaders for India and a sharp critic of Pakistan. While he still refuses to say anything that could even remotely be considered positive about Pakistan, it seems that he is souring on his native India.…

Is US-China technology war heating with Huawei ban? Is it part of the larger geopolitical landscape pitting the US as the established superpower against China as the new rising power? Is the fight over Huawei 5G merely a symptom of it? How will it affect global…

A JIT (Joint Investigation Team) report recently released by Sindh government in Pakistan has revealed that the infamous Karachi gangster Uzair Baloch worked for Iranian intelligence. Apparently, Uzair Baloch was also in contact with Indian intelligence agents working in Iran, according to Indian media reports. Baloch's interrogation led to the discovery and arrest of Indian undercover agent Kulbhushan Jadhav in Balochistan shortly after Baloch's arrest. Kulbhushan …

Uzbekistan is the third landlocked state in recent years to request the use of Pakistani ports for trade, according to media reports.  The Central Asian nation has asked to join Quadrilateral Traffic in Transit Agreement (QTTA) to make use of Karachi and Gwadar ports for its trade operations. Current members of QTTA are China, Pakistan, Kyrgyzstan and Kazakhstan. Afghanistan is not a member of QTTA but it currently uses Gwadar and Karachi ports under Afghanistan-Pakistan Transit Trade…

Covid19 pandemic has brought the world to its knees. It has humbled some of the most powerful nations on earth. It has paralyzed the global economy. It is believed to have started in China, the newest superpower. …

Pakistan's rank as world's leading cement producer will rise from 16th in 2018 to 6th by 2030. It will replace Japan among the world's top 10 cement producing nations in 2030, according to World Cement Association forecast. Cement consumption is an important indicator of development activity and economic growth. Pakistan's domestic cement sales are continuing to grow, up 9.2% in…

Enrollment of Pakistani students on US F1 visa rose just 5.6% to 7,957 in 2018/19, the slowest rate in 5 years. It's in sharp contrast to 27% jump in Pakistani student enrollment to 28,000 in China this year.…

About 200 Pakistani-American and other American investors met at Invest in Pakistan Summit in Silicon Valley on October 3, 2019 at San Jose Sheraton. It was hosted by the Pakistan Embassy in Washington DC. One of the sessions I found interesting dealt with the opportunities presented to Pakistan by US-China technology war sparked by US…

Dozens of cheap drones were deployed against Abqaiq and Khurais oil fields to cut Saudi Aramco's production by half, according to multiple media reports. Saudi and US officials have blamed Iran for the destructive hit. This is the first time that cheap drone swarms loaded with explosives have dodged sophisticated air defense systems to hit critical infrastructure targets in the history of warfare.  And it is not likely to be the last time as more nations and non-state terror groups are…

Pakistan's digital gig economy growth is the fastest in Asia and fourth fastest in the world, according to digital payments platform Payoneer.…

Indian Prime Minister Narendra Modi's reckless decision to unilaterally abrogate Article 370 of the Indian constitution has sent shockwaves across South Asia and the rest of the world. The immediate effect of this action is on Indian Occupied Kashmir which has lost its status as a state and stands divided into union territories directly ruled from New Delhi. It has wider implications for India's federal, secular and democratic constitutional structure.  It has sent alarm bells ringing…