China’s growth rebound, forecast to have gathered pace in November, is bypassing smaller businesses in a sign the government may need to step up policy support to secure a more broad-based recovery. Industrial production growth probably accelerated for a third month to 9.8 percent from a year earlier, while retail sales probably rose 14.6 percent, […]
Is the Indian Navy about to start mixing it up with China on the high seas? For years, as the Chinese have modernized their naval fleet, Indian strategists have worried about what that might mean for India’s political and economic interests. A recent book by C. Raja Mohan, one of India’s most influential strategic thinkers, explores the […]
You hear it all of the time. The problem is that the government is borrowing from China to fund our stupid spending programs, or popular subsidies, or tax cuts. Mitt Romney (remember him?), in a presidential debate, defined his criterion for deciding whether spending is worthwhile thusly: “Is the program so critical it’s worth borrowing from […]
It was an interesting November for spectators on the island of Taiwan. Taiwan’s media has been paying close attention to the results of the U.S. presidential election and the recently-concluded 18th Congress of the Chinese Communist Party (CCP). Taiwan is awkwardly positioned between two giants, having close relations with the U.S. and an undetermined political […]
Until now, there has only been anecdotal evidence. But, finally, there are some hard numbers to show that the U.S. may be losing some of its charms as the destination of choice for Indian students. According to the U.S.-based Institute of International Education (IIE), the number of Indian students in the U.S. has dropped for […]
LESS than a week after the biggest shuffle of China’s leaders in a decade, the prime-minister-in-waiting, Li Keqiang, set tongues wagging with a speech about the country’s economic development. A government news-agency gushed that if his words could be summed up in four syllables, they would be “reform, reform”; if in six, then “reform, reform, […]
China’s growth has slowed a bit this year, but the surge in vivid predictions about the country’s future continues to amaze observers. This observer, at any rate. Experts foresee imminent financial collapse or an uninterrupted rise to economic preeminence. The ruling Communist Party will either loosen or tighten its grip. The consequences for the U.S. […]
Turning around a modern naval warship at sea is a slow and difficult process. Turning around whole fleets of warships, aircraft carriers and other air and naval forces, and reorienting defense spending for weapons systems that are typically planned decades in advance, is a lot harder – especially when it’s being done in the context […]
President Barack Obama is expected to announce his nominees for secretaries of state and defense in the next two weeks, with former Republican Senator Chuck Hagel on the short list of potential choices to head the Pentagon, senior administration officials said on Tuesday. Hagel, whose appointment would give Obama’s reshuffled second-term Cabinet a bipartisan cast, […]
India’s engagement with Africa has grown remarkably over the past decade. Trade with Africa jumped from U.S. $3 billion in 2000 to $52.81 billion in 2010-11 and is expected to exceed $90 billion by 2015. India has emerged as Africa’s fourth largest trade partner, after the European Union, China and the United States. Its cumulative […]
