Shuli Ren, Columnist

India Can Relax. There’s a Bigger Belt and Road Bet Than Pakistan

While South Asian investments get headlines, Malaysia gets the money.

Photographer: Sanjit Das/Bloomberg

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After a two-day “informal summit” between Xi Jinping and Narendra Modi, China and India agreed to avoid military disputesBloomberg Terminal on their contested Himalayan border. Left unresolved was a much bigger issue: what China is doing in Pakistan.

Fifty years ago, Pakistan’s foreign minister gave a box of mangoes to Mao Zedong, little realizing that this gesture would secure a special friendship.