Is the “India Story” over, as many commentators have begun to observe? Actually, the more relevant question today is: How did it grow and circulate as widely and rapidly as it did? Unlike China, with which it was routinely and inaptly compared, India never undertook extensive land reforms, nor did it adequately train its workforce […]
In the six months since he took over as General Secretary of the Chinese Communist Party (CCP), Xi Jinping has accumulated more power and more personal authority than any Chinese leader since Mao Zedong, the founder of the People’s Republic of China (PRC) whom Xi often quotes. Even Deng Xiaoping had to contend with a […]
To be sure, Chinese leaders would prefer balanced high growth to low growth. However, the current leadership is aware of the enormous risks of allowing highly distorted growth to continue. Since 2008, Beijing has maintained growth with a massive injection of credit, much of it invested in speculative real estate, excessive industrial capacity, and infrastructure […]
Acknowledging that better indigenous snooping capabilities may not be enough to protect India’s cyber security, National Security Advisor Shivshankar Menon has advocated formulating a set of “standard operating procedures” (SOPs) — ground rules for cooperation which would help India succeed in obtaining Internet information from major powers that control much of cyber space. Read Here […]
Sunday’s sweeping victory by the Liberal Democratic Party–New Komeito ruling bloc in the Upper House election put an end to the divided Diet and hopefully to the “revolving door” of prime ministers over the past seven years, as ridiculed by foreign media. That is at least until the next Lower House election, which must be held […]
Publics around the world believe the global balance of power is shifting. China’s economic power is on the rise, and many think it will eventually supplant the United States as the world’s dominant superpower. Read Here – Pew Research
Well before Li and President Xi Jinping officially took the reins in March, exports were falling, manufacturing was contracting and economists were downgrading forecasts. Big reforms are always easier when growth is booming. If Li could wave a magic wand and get gross domestic product back into double-digit territory without pumping more air into China’s […]
Is the decade-long BRIC dream over? Bloomberg reports that capital flight from Brazil, Russia, India, and China has sent their bonds, currencies, and stocks down together for the first time since 2006. Read Here – Businessweek
When China published her defense white paper “the Diversified Employment of China’s Armed Forces” in April 2013, the western critics lauded the efforts but pointed out that China didn’t put much meat on the bone and that the paper is again short on details that people would like to see. Read Here – China US […]
Western countries occupy almost all powerful and big-budget posts in the organisation, and sadly developing countries, despite their numbers, have allowed the bias to persist Read Here – The Hindu
looking beyond borders 