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Assessing the Impact of the Fintech Development Plan (2022-2025) on China\u27s Fintech Sector
Full text link2022, a significant shift occurred as China embarked on the Fintech Development Plan (2022-2025) [金融科技发展规划 (2022-2025年)]. That year marked a transition from fortifying the foundation of fintech to leveraging its growth potential. As fintech continues to reshape the global financial landscape at a breakneck pace, China emerges as a frontrunner with its financial institutions actively embracing digital transformation in 2022, utilizing cutting-edge financial technologies to ensure the sustained and stable growth of the fintech sector. They also enhanced the overarching system and established ethical and prudent regulations for fintech.
Unveiled by the People\u27s Bank of China (PBoC) in January 2022, this forward-looking plan articulates the government\u27s strategic vision for the fintech sector in the coming four years. The first Plan — Fintech Development Plan for 2019-2021, released in 2019, focused on laying the foundation for the fintech sector, while this new Plan emphasizes building on this foundation to achieve rapid growth in the industry by 2025. In this exploration, we delve into the foundational principles, primary objectives, and the plan\u27s influence on emerging trends shaping the future of the fintech landscape in China
Air Power and War Endurance in the Indian Context
Full text linkThe changing character of warfare and recent wars indicate a change in the trend related to the duration of wars. The conflicts arecontinuing for longer periods but with a wavering tempo of operations. The changing trend has reopened the debate about the aspect of readiness for a short and intense war or a long protracted one. The level of preparation required by the defence forces is determined by the combination of the expected duration of the war and the likely tempo/intensity of operations. Several key factors contribute to air war endurance and affect the duration, effectiveness, and efficiency of air campaigns. There is a need to review the factors associated with the use of air power vis-à-vis air war endurance. Air powers in prolonged conflicts must demonstrate resilience,adaptability, and effective resource management to endure the challenges associated with extended durations of war and contribute to achieving the desired strategic objectives over the long term. The Indian airpower, mainly IAF should be ready for short and intense war and be prepared for long-drawn standoff
Smart Maritime Power for India’s Integrated Military
Full text linkThe importance of maritime power as the determinant of global power needs no emphasis. India is a maritime nation with its futureinextricably linked to the sea. However, due to a continental-centric approach to national security, the maritime domain has not got itsdue attention. With the maritime orientation of the Indo-Pacific and the likely great power contestation in these waters, India’s maritime power will have a critical role to play in shaping the outcome on land. Technology will have a large role to play across the entire spectrum of conflict, both, in the maritime domain as well as on land; militaries will have to adapt these as effective force multipliers both in planning and prosecuting the conflict. The integration of the country’s maritime power in the country’s security matrix will be a prerequisite to shape the future contours of the region
Island Nation Adapting to Challenges from the Great Power Contestation
Full text linkAn Island Nation can hold a unique strategic location in any ocean attracting the interest of major powers of the world. The challengesand influences of major powers or combinations of such powers could be circumstantial, and diversified in nature and proportions. This paper addresses this common reality, focusing on Sri Lanka in the Indian Ocean attracting major power influence and interest from Australia, China, India, Japan, and the USA. In addition, it covers the numerous techniques island nations might adopt to align to challenges not only from the great powers named above but also from other regions. It also discusses Sri Lanka’s foreign policy, diplomatic ties, economic development, regional cooperation, and security
Mobile Wallets Adoption by Younger Generation: With Reference to North Gujarat
Full text linkMobile Wallets are the modern technology produced by mobile technology in India. With the UTAUT Model (Unified Theory of Acceptance and Use of Technology) into account, this study aims to determine the factors that influence people\u27s real intentions to use mobile wallets. For the study, primary data was collected through a scheduled questionnaire from Mobile Wallet users aged between 18 to 30 years from North Gujarat. Primary data were processed and analysed through Multiple Regression Analysis. The findings of the research provide keen insides to the service provider, system developer, and government for policy formulation and better implications
Central Bank Initiatives Essential for Developing Effective Sustainable Finance Markets
Full text linkClimate change will have major impacts on economies and lives in the near future through “physical” risks and “transition” risks. Physical risks arise from a higher frequency, and greater scale of natural disasters as global warming progresses, while transition risks can drive corporate and sectoral restructuring and an increase in stranded assets in the transition process toward carbon neutrality through climate mitigation policies. These policies include carbon pricing, environmental regulations, the provision of subsidies for low-carbon technology development, and public investment to support decarbonization. Companies should prepare for both rising physical risks and transition risks.
 
Capacity Building for Military Diplomacy
Full text linkIndia’s military diplomacy objectives of capacity building are geared toward enhancing capacities in military inventories as well as honing capacities in the training and deployment of India’s armed forces. In the pursuit of its military diplomacy, India has responded to the challenges posed by its two avowed adversaries (Pakistan and China) through interactive partnerships with its preferred strategic partners. The character of India’s military diplomacy is “human-centric”. It looks at the capacity of India’s armed forces for achieving the tasks set for them, particularly when deployed to maintain international peace and security under the United Nations. This article carries out an assessment of the current status in this sphere to ascertain the extent to which India’s core national interests are being assisted by military diplomacy
Navigating Bhutan-China Boundary Talks: An Examination of India\u27s Concerns
Full text linkIn the picturesque Himalayan kingdom of Bhutan, nestled between the towering peaks of the world\u27s mightiest mountain range, a delicate diplomatic dance is unfolding, capturing the attention of regional and global players as China has expressed an urgent intent to work closely with Bhutan to swiftly conclude the ongoing boundary negotiations and establish full-fledged diplomatic relations with the Kingdom. Bhutan, long seen as a strategic buffer between China and India, is taking steps to mend its relationship with the dragon next door, a move that has set New Delhi on edge
Vietnam\u27s Economic Realities Call for a Balanced Perspective
No full textIn recent years, Vietnam has been hailed as a major winner in the economic rivalry between the United States and China. However, the current reality paints a different picture. Vietnam is facing significant challenges, with its sluggish performance contrasting sharply with China\u27s perceived recovery. The nation finds itself caught in the gravity of slowing global growth, compounded by some internal setbacks.
 
Empire of the Mind: A History of Iran
Full text link"Empire of the Mind: A History of Iran" by Michael Axworthy is a fascinating and insightful book that offers a comprehensive overview of Iran\u27s rich history and cultural heritage, just under 300 pages. The author is a renowned scholar of Iranian history and has written extensively on the subject, including books such as "The Sword of Persia." However, in this book, Axworthy takes the reader on a journey through Iran\u27s past, exploring the country\u27s evolution from the ancient Persian empire to the modern Islamic Republic.