Asia | Big dreams in a small place

Bhutan prays it can be India’s Hong Kong

The Himalayan kingdom seeks to reincarnate as a financial centre

An artist rendition of the Gelephu Mindfulness City, Bhutan
Imaginary outlinesPhotograph: GMC
|Gelephu

King Jigme of Bhutan recalls that when he was studying in America, his classmates would scoff in disbelief when he told them there were tigers and elephants in his Himalayan homeland. Like many foreigners, they thought of it as a place of snow-clad peaks and alpine meadows. Even those who had visited were unlikely to have strayed to the subtropical lowlands that border north-east India.

This article appeared in the Asia section of the print edition under the headline “Bhutan prays it can be India’s Hong Kong”

From the October 19th 2024 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Asia

Illustration of national flags, including those of the US, the UK, South Korea, Japan and Australia, tucked into a crisscrossing lattice

Can Donald Trump maintain Joe Biden’s network of Asian alliances?

Discipline and creativity will help, but so will China’s actions

An alleged North Korean soldier after being captured by the Ukrainian army

What North Korea gains by sending troops to fight for Russia

Resources, technology, experience and a blood-soaked IOU


FK Arkadag's Didar Durdyev runs during a Turkmen football championship game

Is Arkadag the world’s greatest football team?

What could possibly explain the success of a club founded by Turkmenistan’s dictator


After the president’s arrest, what next for South Korea?

Some 3,000 police breached his compound. The country is dangerously divided

India’s Faustian pact with Russia is strengthening

The gamble behind $17bn of fresh deals with the Kremlin on oil and arms

AUKUS enters its fifth year. How is the pact faring?

It has weathered two big political changes. What about Donald Trump’s return?