China Defends Submarine Sales To Pakistan

In terms of military strength, the Indian Navy has two aircraft carriers in service and is building a new indigenous one. It has 15 submarines, almost twice that of Pakistan.  More importantly, India’s domestically developed nuclear-powered submarine, INS Arihant, has undergone several sea trials and will soon enter service. New Delhi is also planning at […]

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China’s Economy May Be Even Bigger Than You Think

With China set to announce its third-quarter gross domestic product report on Monday, skepticism over its economic data is arising anew. Recall that Bill Gross has described China as “the mystery meat of emerging-market countries.” Premier Li Keqiang, before taking that post, said he didn’t rely on official statistics. He preferred things like rail freight and […]

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Xi To Visit UK, Usher In Golden Era

President Xi Jinping is to pay his first state visit to the United Kingdom from Oct. 19 to 23. Observers believe this UK trip, the first by a Chinese president in a decade, will usher in a “golden era” in China-Britain relations and lay a more solid foundation for China-EU ties. Read Here – Xinhua

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China Has No Good Plan to Deal With Its Achilles Heel

Beijing has yet to put together a credible response as to what should be done with zombie companies, the huge swath of unprofitable state-owned enterprises surviving on the good will of the Chinese government. Until it does, private companies in the world’s second-largest economy will continue to fight an uphill battle for growth, and China’s reform efforts will […]

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China And Obama’s TPP

Is the TPP really targeting China? US President Barack Obama said on Monday, “we can’t let countries like China write the rules of the global economy. We should write those rules, opening new markets to American products while setting high standards for protecting workers and preserving our environment.” This is not the first time that […]

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