China Has No Plan For Indian Ocean Military Bases, Liang Guanglie Tells The Hindu

State Councillor and Minister of National Defence of China Liang Guanglieis the most senior Chinese military official to visit India since the visit of his predecessor, Cao Gangchuan, in 2004. On the eve of his arrival in Delhi at the invitation of Defence Minister A.K. Antony, General Liang provided written answers to questions submitted by editors […]

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New Waves Of Urbanization And Re-balancing Of Industries Will Sustain China’s Economic Growth, Argues Stephen S. Roach

Concern is growing that China’s economy could be headed for a hard landing. The Chinese stock market has fallen 20 percent over the past year, to levels last seen in 2009. Continued softness in recent data – from purchasing managers’ sentiment and industrial output to retail sales and exports – has heightened the anxiety. Long […]

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Falling Prices Of Companies In The West Due To Weak Economic Outlook Is Prompting Chinese Companies To Spread Their Acquisition Spree. Cause For Fear?

A PwC report said that Chinese investors continue the momentum of M&A activity across the world in 2012. In the first half, the volume of announced investments in company shares and acquisitions added up to $23.9 billion, trebling the number in the same period last year. The largest transaction was the purchase of the American theater […]

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Everything You Think You Know About China Is Wrong

For the last 40 years, Americans have lagged in recognizing the declining fortunes of their foreign rivals. In the 1970s they thought the Soviet Union was 10 feet tall — ascendant even though corruption and inefficiency were destroying the vital organs of a decaying communist regime. In the late 1980s, they feared that Japan was […]

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