financetom
News
financetom
/
News
/
China's 'pearl of string' strategy at play as spy ship docks in Sri Lanka's Hambantota port, say experts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China's 'pearl of string' strategy at play as spy ship docks in Sri Lanka's Hambantota port, say experts
Aug 18, 2022 10:56 AM

As a response to China’s docking of a spy ship at Sri Lanka’s Hambantota port, India could dock its INS Dhruv, which is relatively smaller but more sophisticated, in the South China sea region, said JNU Professor Srikanth Kondapalli. He also told CNBC-TV18 that aircraft such as P8I surveillance planes can keep track of the docked ship.

Former Ambassador Rakesh Sood, Distinguished Fellow at Observer Research Foundation (ORF), said that this crisis was supposed to unfold irrespective of Nancy Pelosi’s visit. When the US normalised its relations with China by Nixon's visit in 1972, it acknowledged the One China policy but didn't agree with it. Regarding this, he said, “Over a period of time, fudges have an expiry date. China today is different from 1972, this fudge is being exposed.”

Kondapalli spoke about the earlier deployment of the Huang 1 series in the Senkaku island region. Initially it was termed as a research activity, but later it reported several violations in the region. According to him, the purpose of deploying the Yuan Wang-5 is to scan the Indian Ocean Region (IOR) to offer a boost to the ‘string of pearls’ policy.

In the last two years, China has sent nearly 53 surveillance ships and has also launched satellites in Nicaragua. These developments have enhanced Chinese racing ability.

Also Read: On China spy vessel docking in Sri Lanka, Jaishankar says obviously of interest to us

Sood mentioned that when the ship entered the Hambantota port, nobody was allowed on the port and thus no one had any clue about what’s really in there. He opined that Sri Lanka’s indebtedness could be the reason behind its failure to resist Chinese pressure.

He doesn’t think that this move has any link to Taiwan and probably was planned earlier. With the port, the land around it was also leased to China for 99 years. He said that over half-a-dozen such vessels provided an integrated environment for warfare capabilities to the country. Although speculative at this time what espionage the deployed ship is capable of, the 750km line from Hambantota will cover most of South India, Sood said.

First Published:Aug 18, 2022 7:56 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
Apr 29, 2024
EUR/USD and EUR/JPY Analysis and Charts Download our complimentary Q Euro Forecasts below Recommended by David Cottle Get Your Free EUR Forecast The Euro was higher against the United States Dollar on Monday despite a lack of obvious trading news, with bulls seemingly more confident above the 1.07 mark. The single currency had been under pressure against a resurgent greenback...
Aussie Dollar Technical Analysis: AUD/USD, AUD/NZD, AUD/JPY Price Setups
Aussie Dollar Technical Analysis: AUD/USD, AUD/NZD, AUD/JPY Price Setups
Apr 29, 2024
Aussie Price Setups (AUD/USD, AUD/NZD, AUD/JPY) AUD/USD strengthens, building on prior gainsAUD/NZD bull flag propels upside continuationAUD/JPY pulls back massively after suspected FX interventionGet your hands on the Aussie dollar Q2 outlook today for exclusive insights into key market catalysts that should be on every trader's radar: Recommended by Richard Snow Get Your Free AUD Forecast Markets Erase RBA Cuts,...
Coinbase’s 1Q earnings preview: Profitability expected for second straight quarter
Coinbase’s 1Q earnings preview: Profitability expected for second straight quarter
Apr 29, 2024
Coinbase (COIN) is set to release its quarter one (Q1) 2024 financial results on 2 May 2024, after the US market closes. Coinbase’s 1Q 2024 results – what to expect Expectations are for Coinbase’s Q1 revenue to register a 71% year-on-year (YoY) growth to US$1.3 billion, up from US$772 million a year ago. This will be the highest quarterly revenue...
Dollar loses ground as markets focus on corporate earnings
Dollar loses ground as markets focus on corporate earnings
Apr 29, 2024
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the Federal Reserves policy meeting this week. After the release of earnings results by Tesla, Alphabet, and Microsoft last week, investors now await fresh results from other major tech companies, including Apple this week. Major US stock indices spiked last week, buoyed in particular by...
Copyright 2023-2026 - www.financetom.com All Rights Reserved