Between 2010 and 2020, Chinese and Indian consumers will spend some $64 trillion on goods and services. Chinese consumers will spend approximately $41.5 trillion, with annual expenditures reaching more than $6 trillion in 2020. Indians will spend $22.5 trillion, with annual spending hitting an estimated $3.6 trillion by 2020. Combined, they will be spending some […]
North Korean dictator Kim Jong Un can launch a rocket this month in defiance of international opprobrium and still look forward to better relations with South Korea’s next president. The candidates in the Dec. 19 election to head Asia’s fourth-biggest economy are outdoing each other in pledges to re- engage with the totalitarian state, undeterred by Kim’s […]
The growing focus of Indian companies, including government ones, on emerging markets across Asia and Africa, and the attendant political risks of doing business in a dynamic policy regime—a problem that several Western multinationals have encountered in India—has highlighted a new challenge for New Delhi: protecting the overseas investments of Indian firms. Earlier this week, […]
It was the talk of teaching Hindi to schoolchildren down under that grabbed all the headlines in India, but Canberra’s White Paper Australia in the Asian Century merits wider attention because governments today rarely state far-reaching plans of any kind, let alone those involving an epochal reorientation of political sensibility. Prime Minister Julia Gillard, who commissioned the […]
looking beyond borders 