ntal programs and inaugurated several large-scale infrast

projects, including highway, railway, airport and power stations. However, in the face of local protests, the effectiveness of Modi’s economic package, delivered just a few months before the

election, seemed very suspicious. Interestingly, because of the tremendous opposition against the Bill and the frustrating situation on the g

round, BJP’s top local politician who was defending the bill changed his tune almost as soon as Modi left.

Clearly, Modi’s twin election trick, which comprised both nationalistic and developmental ele

ments, was clearly at work during his visit to disputed South Tibet. However, sacrificing the pa

instakingly earned mutual trust and progress in Sino-Indian relations for the sake of ephemeral political benefits seems unwise.

Even though India and China have so far held 21 rounds of talks to resolve the border dispute, and Modi and President Xi have met at least four times in 2018 to bring b

ilateral ties back on a stable footing, the border issue remains the single-most sensitive topic between the two countries. While

the dispute between China and India remains too large to be resolved altogether, both sides would better carefully manage it.

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The 67-year-old princess, the eldest daughter of the late King

Bhumibol Adulyadej and sister of the present King, married an American and relinquished her title in 1972. After returning to Th

ailand in 2001 following her divorce, she resumed royal duties and enjoyed prestige among the Thai people, although her royal title has not yet been restored.

Around 20 military coups have taken place in Thailand since the country became a constitutional mo

narchy in 1932. The Constitution was also amended in 2017 during the military government’s rule.

In this context, the Thai Raksa Chart party (Thai Save The Nation, or TSN) tried to break the v

icious circle in Thailand’s politics by nominating Ubolratana as the prime ministerial candid

ate. The probability of her winning the election would have been high if she were allowed to contest. Her victory would have brought back political sta

bility to some extent. TSN is linked to former Thai leader Thaksin Shinawatra, who enjoys popular appeal in the country. Thaksin carried out several pol

icies that benefited the grass roots and won him their support. Even though he was ousted in 2006, his influence remains strong.

In the upcoming election, I believe pro-Thaksin parties can still have high public app

roval ratings. But considering the latest military-drafted constitution which gives considerable

rights to bureaucrats and military, it is still not known whether a pro-Thaksin politician can be elected prime minister.

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sked why so many Chinese companies chose to list in NY

exchanges, Ibrahim said one major reason is that U.S. market is the deepest in the world and companies want to have access to liquidity.

He added that the companies also want to be next to their competitors that have already be

en listed in NYSE so as to make sure the evaluation

is aligned and make themselves available to the vast number of investors.

“This trend will continue because I think there are fantastic companies in China,” he said.

He said that the human element the NYSE has is also an important reason companies are willing to be listed there.

On the other hand, the demand from U.S. investors’ side for Chinese companies and products is high.

Ibrahim said there are a lot of great entrepreneurs

creating and selling new technologies and tapping the growth of Chinese economy.

“Investors want to be part of this growth,” he s

aid, adding that the way to access the growth is through IPOs.

NYSE-listed companies traded with 45 percen

t lower volatility compared to companies listed and traded on other U.S. exchanges, according to the stock exchange.

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