IBOV 176,533 ▲ 0.45% IPSA 10,928 ▲ 0.16% IPC MEX 66,534 ▲ 0.85% MERVAL 3,230,191 ▼ 0.16% COLCAP 2,298.47 ▼ 0.40% BVL PERÚ 56,428.20 ▲ 1.15% USD/BRL5.07▼ 1.26% USD/MXN17.43▼ 0.58% USD/CLP926.68▼ 0.67% USD/COP3,253▼ 0.30% USD/PEN3.39▼ 0.61% USD/ARS1,470▼ 0.88% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.25▲ 0.29% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.79▼ 0.49% BRENT 85.32 ▲ 2.42% WTI 79.76 ▲ 2.07% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.20% GOLD 4,062 ▲ 1.63% SILVER 59.14 ▲ 2.60% SOY 1,191 ▼ 0.96% CORN 459.50 ▲ 4.97% WHEAT 644.00 ▲ 2.71% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.48 ▲ 1.76% PETR4 40.70 ▲ 0.10% VALE3 73.99 ▲ 1.56% ITUB4 43.52 — 0.00% BBDC4 18.57 ▼ 1.07% ABEV3 15.81 ▼ 0.13% BBAS3 20.56 ▲ 1.58% B3SA3 15.40 ▲ 1.85% WEGE3 44.34 ▼ 0.11% PRIO3 57.53 ▲ 0.58% SUZB3 41.20 ▼ 0.70% RENT3 40.40 ▲ 0.50% AZZA3 18.91 ▼ 1.61% CSAN3 3.88 ▼ 0.51% RAIZ4 0.31 ▼ 6.06% PCAR3 2.46 ▼ 5.02% GMAT3 4.00 ▲ 1.52% PSSA3 54.37 ▲ 0.61% CVCB3 1.37 ▲ 9.60% POSI3 4.03 ▲ 1.00% SLCE3 13.75 ▼ 0.87% NATU3 8.53 ▼ 0.81% BRKM5 6.81 ▼ 1.87% RANI3 8.04 ▲ 1.13% CSNA3 5.19 ▼ 0.95% CMIN3 5.13 ▼ 5.87% USIM5 8.23 ▼ 1.79% GGBR4 23.28 ▲ 2.02% ENEV3 27.07 ▲ 0.71% CPFE3 47.15 ▲ 0.66% CMIG4 11.19 ▲ 1.08% EQTL3 41.05 ▲ 2.09% LREN3 14.27 ▲ 0.85% VIVT3 35.58 ▲ 2.45% RAIL3 14.08 ▼ 0.21% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.52 ▲ 1.76% RDOR3 35.96 ▲ 1.12% HAPV3 11.13 ▲ 6.41% FLRY3 16.45 ▲ 1.86% SMTO3 16.19 ▼ 1.10% UGPA3 30.02 ▼ 2.94% VBBR3 33.15 ▲ 1.19% BBSE3 40.29 ▲ 0.02% BPAC11 58.16 ▲ 1.11% CURY3 33.48 ▲ 1.09% AERI3 2.07 ▼ 0.48% VIVARA 23.41 ▲ 1.30% COMPASS 25.20 ▲ 1.74% VAMOS 3.15 ▲ 4.30% SANB11 27.32 ▼ 0.18% ASAI3 8.68 ▼ 0.34% SBSP3 30.32 ▼ 0.16% WALMEX 49.29 ▼ 0.73% GMEXICO 199.27 ▲ 1.88% FEMSA 232.65 ▲ 3.23% CEMEX 22.19 ▲ 1.88% GFNORTE 186.13 ▲ 2.23% BIMBO 56.38 ▲ 0.91% TELEVISA 9.52 ▼ 0.94% AMX 22.87 ▲ 1.24% GAP 395.86 ▼ 3.02% ASUR 276.49 ▼ 0.78% OMA 234.94 ▲ 0.69% KOF 179.86 ▼ 1.00% GRUMA 278.82 ▼ 0.91% KIMBER 38.50 ▲ 0.73% SQM-B 67,517 ▲ 0.46% COPEC 6,098 ▲ 0.67% BSANTANDER 78.47 ▲ 0.35% FALABELLA 5,913 ▲ 0.13% ENELAM 85.03 ▲ 0.99% CENCOSUD 2,047 ▲ 0.32% CMPC 1,090 ▲ 1.08% BANCO CHILE 188.56 ▲ 1.92% LATAM AIR 24.71 ▼ 0.76% YPF 77,700 ▲ 0.68% GGAL 7,910 ▼ 2.10% PAMPA 5,230 ▲ 0.10% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,675 ▲ 1.10% CEPU 2,315 ▼ 0.17% MIRGOR 16,725 ▼ 1.62% COME 45.55 ▲ 1.72% LOMA NEGRA 3,538 ▲ 1.14% BYMA 301.00 ▼ 2.35% TELECOM ARG 4,318 ▲ 1.59% ECOPETROL 16.13 ▲ 1.54% BANCOLOMBIA 81.98 ▲ 1.94% GRUPO AVAL 4.91 — 0.00% CREDICORP 392.49 ▲ 0.84% SOUTHERN COPPER 181.52 ▲ 4.01% BUENAVENTURA 30.91 ▲ 3.64% MERCADOLIBRE 1,878 ▲ 0.57% NUBANK 13.95 ▲ 2.05% XP 16.84 ▲ 2.84% PAGSEGURO 9.29 ▲ 0.05% STONE 11.26 ▲ 0.94% GLOBANT 30.86 ▼ 3.94% TECNOGLASS 44.18 ▲ 3.12% GAP AIRPORT 226.52 ▼ 2.69% ASUR 276.49 ▼ 0.78% OMA AIRPORT 107.57 ▲ 1.36% AMX ADR 26.21 ▲ 0.69% FEMSA ADR 133.36 ▲ 3.37% CEMEX ADR 12.77 ▲ 2.53% PETROBRAS ADR 17.95 ▲ 0.36% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.55 ▲ 0.94% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.10 ▲ 1.14% CSN 1.03 — 0.00% GERDAU 4.62 ▲ 2.78% LATAM ADR 53.68 ▲ 0.66% BTC 64,469 ▲ 3.58% ETH 1,876 ▲ 5.76% SOL 77.03 ▲ 2.90% XRP 1.11 ▲ 4.38% BNB 580.28 ▲ 2.41% ADA 0.16 ▲ 3.80% DOGE 0.07 ▲ 3.26% AVAX 6.66 ▲ 3.35% LINK 8.28 ▲ 5.21% DOT 0.85 ▲ 1.37% LTC 44.92 ▲ 3.29% BCH 235.63 ▼ 0.26% TRX 0.33 ▲ 0.33% XLM 0.18 ▲ 2.15% HBAR 0.07 ▼ 0.29% NEAR 2.02 ▲ 5.18% ATOM 1.56 ▲ 1.43% AAVE 99.54 ▲ 5.49% SELIC 14.25% EMBRAER 82.70 ▼ 0.37% EMBRAER ADR 65.26 ▲ 1.20% JBS 11.86 ▲ 0.47% JBS BDR 60.01 ▼ 0.99% MBRF3 16.12 ▲ 2.54% MBRFY 3.15 ▲ 3.28% INTER 5.67 ▲ 0.35% EGX 52,299 ▼ 0.59% USD/ZAR16.37▼ 0.62% USD/NGN1,381▲ 0.07% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY162.21▼ 0.14% USD/CNY6.76▼ 0.26% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD1.14▲ 0.35% GBP/USD1.34▲ 0.01% SPX 7,545 ▲ 0.40% DJI 52,531 ▲ 0.06% NDX 29,586 ▲ 1.10% RUT 2,965 ▲ 0.40% TSX 35,334 ▲ 0.23% VIX 16.41 ▼ 4.37% USD/CAD1.41▼ 0.61% US10Y 4.5850 ▼ 0.52% IBOV 176,533 ▲ 0.45% IPSA 10,928 ▲ 0.16% IPC MEX 66,534 ▲ 0.85% MERVAL 3,230,191 ▼ 0.16% COLCAP 2,298.47 ▼ 0.40% BVL PERÚ 56,428.20 ▲ 1.15% USD/BRL 5.07 ▼ 1.26% USD/MXN 17.43 ▼ 0.58% USD/CLP 926.68 ▼ 0.67% USD/COP 3,253 ▼ 0.30% USD/PEN 3.39 ▼ 0.61% USD/ARS 1,470 ▼ 0.88% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.25 ▲ 0.29% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.33% USD/TTD 6.75 ▲ 1.13% EUR/BRL 5.79 ▼ 0.49% BRENT 85.32 ▲ 2.42% WTI 79.76 ▲ 2.07% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.20% GOLD 4,062 ▲ 1.63% SILVER 59.14 ▲ 2.60% SOY 1,191 ▼ 0.96% CORN 459.50 ▲ 4.97% WHEAT 644.00 ▲ 2.71% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.48 ▲ 1.76% PETR4 40.70 ▲ 0.10% VALE3 73.99 ▲ 1.56% ITUB4 43.52 — 0.00% BBDC4 18.57 ▼ 1.07% ABEV3 15.81 ▼ 0.13% BBAS3 20.56 ▲ 1.58% B3SA3 15.40 ▲ 1.85% WEGE3 44.34 ▼ 0.11% PRIO3 57.53 ▲ 0.58% SUZB3 41.20 ▼ 0.70% RENT3 40.40 ▲ 0.50% AZZA3 18.91 ▼ 1.61% CSAN3 3.88 ▼ 0.51% RAIZ4 0.31 ▼ 6.06% PCAR3 2.46 ▼ 5.02% GMAT3 4.00 ▲ 1.52% PSSA3 54.37 ▲ 0.61% CVCB3 1.37 ▲ 9.60% POSI3 4.03 ▲ 1.00% SLCE3 13.75 ▼ 0.87% NATU3 8.53 ▼ 0.81% BRKM5 6.81 ▼ 1.87% RANI3 8.04 ▲ 1.13% CSNA3 5.19 ▼ 0.95% CMIN3 5.13 ▼ 5.87% USIM5 8.23 ▼ 1.79% GGBR4 23.28 ▲ 2.02% ENEV3 27.07 ▲ 0.71% CPFE3 47.15 ▲ 0.66% CMIG4 11.19 ▲ 1.08% EQTL3 41.05 ▲ 2.09% LREN3 14.27 ▲ 0.85% VIVT3 35.58 ▲ 2.45% RAIL3 14.08 ▼ 0.21% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.52 ▲ 1.76% RDOR3 35.96 ▲ 1.12% HAPV3 11.13 ▲ 6.41% FLRY3 16.45 ▲ 1.86% SMTO3 16.19 ▼ 1.10% UGPA3 30.02 ▼ 2.94% VBBR3 33.15 ▲ 1.19% BBSE3 40.29 ▲ 0.02% BPAC11 58.16 ▲ 1.11% CURY3 33.48 ▲ 1.09% AERI3 2.07 ▼ 0.48% VIVARA 23.41 ▲ 1.30% COMPASS 25.20 ▲ 1.74% VAMOS 3.15 ▲ 4.30% SANB11 27.32 ▼ 0.18% ASAI3 8.68 ▼ 0.34% SBSP3 30.32 ▼ 0.16% WALMEX 49.29 ▼ 0.73% GMEXICO 199.27 ▲ 1.88% FEMSA 232.65 ▲ 3.23% CEMEX 22.19 ▲ 1.88% GFNORTE 186.13 ▲ 2.23% BIMBO 56.38 ▲ 0.91% TELEVISA 9.52 ▼ 0.94% AMX 22.87 ▲ 1.24% GAP 395.86 ▼ 3.02% ASUR 276.49 ▼ 0.78% OMA 234.94 ▲ 0.69% KOF 179.86 ▼ 1.00% GRUMA 278.82 ▼ 0.91% KIMBER 38.50 ▲ 0.73% SQM-B 67,517 ▲ 0.46% COPEC 6,098 ▲ 0.67% BSANTANDER 78.47 ▲ 0.35% FALABELLA 5,913 ▲ 0.13% ENELAM 85.03 ▲ 0.99% CENCOSUD 2,047 ▲ 0.32% CMPC 1,090 ▲ 1.08% BANCO CHILE 188.56 ▲ 1.92% LATAM AIR 24.71 ▼ 0.76% YPF 77,700 ▲ 0.68% GGAL 7,910 ▼ 2.10% PAMPA 5,230 ▲ 0.10% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,675 ▲ 1.10% CEPU 2,315 ▼ 0.17% MIRGOR 16,725 ▼ 1.62% COME 45.55 ▲ 1.72% LOMA NEGRA 3,538 ▲ 1.14% BYMA 301.00 ▼ 2.35% TELECOM ARG 4,318 ▲ 1.59% ECOPETROL 16.13 ▲ 1.54% BANCOLOMBIA 81.98 ▲ 1.94% GRUPO AVAL 4.91 — 0.00% CREDICORP 392.49 ▲ 0.84% SOUTHERN COPPER 181.52 ▲ 4.01% BUENAVENTURA 30.91 ▲ 3.64% MERCADOLIBRE 1,878 ▲ 0.57% NUBANK 13.95 ▲ 2.05% XP 16.84 ▲ 2.84% PAGSEGURO 9.29 ▲ 0.05% STONE 11.26 ▲ 0.94% GLOBANT 30.86 ▼ 3.94% TECNOGLASS 44.18 ▲ 3.12% GAP AIRPORT 226.52 ▼ 2.69% ASUR 276.49 ▼ 0.78% OMA AIRPORT 107.57 ▲ 1.36% AMX ADR 26.21 ▲ 0.69% FEMSA ADR 133.36 ▲ 3.37% CEMEX ADR 12.77 ▲ 2.53% PETROBRAS ADR 17.95 ▲ 0.36% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.55 ▲ 0.94% SANTANDER BR 5.40 ▲ 0.84% AMBEV ADR 3.10 ▲ 1.14% CSN 1.03 — 0.00% GERDAU 4.62 ▲ 2.78% LATAM ADR 53.68 ▲ 0.66% BTC 64,469 ▲ 3.58% ETH 1,876 ▲ 5.76% SOL 77.03 ▲ 2.90% XRP 1.11 ▲ 4.38% BNB 580.28 ▲ 2.41% ADA 0.16 ▲ 3.80% DOGE 0.07 ▲ 3.26% AVAX 6.66 ▲ 3.35% LINK 8.28 ▲ 5.21% DOT 0.85 ▲ 1.37% LTC 44.92 ▲ 3.29% BCH 235.63 ▼ 0.26% TRX 0.33 ▲ 0.33% XLM 0.18 ▲ 2.15% HBAR 0.07 ▼ 0.29% NEAR 2.02 ▲ 5.18% ATOM 1.56 ▲ 1.43% AAVE 99.54 ▲ 5.49% SELIC 14.25% EMBRAER 82.70 ▼ 0.37% EMBRAER ADR 65.26 ▲ 1.20% JBS 11.86 ▲ 0.47% JBS BDR 60.01 ▼ 0.99% MBRF3 16.12 ▲ 2.54% MBRFY 3.15 ▲ 3.28% INTER 5.67 ▲ 0.35% EGX 52,299 ▼ 0.59% USD/ZAR 16.38 ▼ 0.49% USD/NGN 1,381 ▲ 0.20% NIKKEI 67,744 ▲ 0.74% CSI300 4,797 ▲ 2.15% HSI 24,341 ▲ 0.52% NIFTY 24,052 ▼ 0.66% KOSPI 6,857 ▲ 0.73% JCI 6,040 ▲ 0.03% USD/JPY 162.21 ▼ 0.13% USD/CNY 6.7624 ▼ 0.13% DAX 25,147 ▲ 0.13% CAC 8,367 ▲ 0.03% FTSE 10,529 ▲ 0.30% MIB 52,863 ▲ 0.10% IBEX 19,357 ▲ 0.11% STOXX 642.10 ▲ 0.17% EUR/USD 1.1425 ▲ 0.33% GBP/USD 1.3390 ▲ 0.31% SPX 7,545 ▲ 0.40% DJI 52,531 ▲ 0.06% NDX 29,586 ▲ 1.10% RUT 2,965 ▲ 0.40% TSX 35,334 ▲ 0.23% VIX 16.41 ▼ 4.37% USD/CAD 1.4065 ▼ 0.62% US10Y 4.5850 ▼ 0.52%
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Tuesday, July 14, 2026

China South Asia & India

Space Diplomacy: India and China’s Global Influence

By · January 29, 2024 · 2 min read

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In a groundbreaking shift, India and China are redefining the global space race, a move that resonates deeply with the Global South.

At the heart of this transformation is India’s Agnikul Cosmos, a startup operating from the prestigious Indian Institute of Technology Madras.

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Here, innovation thrives as small rockets come to life through advanced 3D printing, symbolizing India’s ascent in space technology.

Srinath Ravichandran, the visionary co-founder of Agnikul Cosmos, anticipates a skyrocketing demand for small satellites.

This aligns perfectly with India’s bold ambition to be a space superpower. Backed by the Indian Space Research Organization (ISRO), Agnikul Cosmos aims to disrupt space manufacturing.

They plan to reduce costs dramatically, by 95%, and to initiate biweekly rocket launches. Parallel to India’s strides, China emerges as a formidable player in space.

Space Diplomacy
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President Xi Jinping’s discussions with global leaders, like Venezuelan President Nicolas Maduro, highlight China’s growing space alliances.

Notably, China’s expansion of satellite ground stations across Latin America indicates a strategic reach, possibly extending to military capabilities.

This modern space race echoes the colonial era’s territorial ambitions but now expands beyond Earth’s bounds.

Global Space Race Dynamics

Countries like Saudi Arabia, Turkey, and South Africa are significantly increasing their space investments.

These investments are driven by the promise of national prestige, economic growth, enhanced security, and the lure of lunar resources.

In this race, the integration of the private sector into national space programs is pivotal.

China’s rapid development of private space firms starkly contrasts with India’s more measured progress.

However, India has set impressive records, like launching 104 satellites with a single rocket and being the first Asian country to orbit Mars successfully.

The rivalry extends to space diplomacy, with both nations vying for influence in South Asia.

China’s Belt and Road Initiative and India’s South Asia satellite launch are testaments to their diplomatic endeavors in space.

In summary, the dynamic competition between India and China in space, marked by emerging private sector roles and international collaborations, is not just reshaping global space dynamics.

It’s also a beacon of inspiration and opportunity, particularly for countries in the Global South.

This new chapter in the space race is about more than technological prowess; it’s a symbol of national pride, security, and economic potential.

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