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
The “crisis” in India’s relations with Bhutan did not begin with New Delhi’s bungled withdrawal of petroleum subsidies in the middle of the recent elections. Nor has it ended with the claim that the next government in Bhutan will be “pro-India”. Read More – Indian Express
There is broad consensus both within and outside China that the existing regime relies primarily, if not solely, onperformance for its legitimacy. Hence the popular theses of “resilient authoritarianism” and “adaptive authoritarianism”: the Chinese party-state has to do and has been doing everything possible to navigate a complex and sometimes unstable domestic and international environment […]
Central Asia‘s beating heart, the commercial hub of the region that cultivated the old Silk Road, is neither of the fabled Thousand and One Nights cities of Samarkand or Bukhara. In fact, the center of this region is not even really in Central Asia. It’s in China. Read Here – The Atlantic
For China, 2013 is becoming the year of the credible shrinking GDP growth target. Earlier in the year, the old 8% norm was shaved down to an official estimate of 7.5% by China’s State Council. Last week, Finance Minister Lou Jiwei moved that to 7%, and said an even lower number was possible. Read Here […]
Once an idea enters the world, it comes to life and affects the way we treat those around us. Reality takes on the shape of fiction. Narratives are one type of fiction. Economic models are another. Narratives are the stories we tell about ourselves and others to justify the way we behave. Economic models are […]
