What a Buddhist Monk Taught Xi Jinping

As an organization that has tried to squelch religion, the Communist Party under Mr. Xi is now backing it in ways that echo the approach of strongmen like Vladimir V. Putin of Russia, who use faith to legitimize their rule. Faced with growing social tensions and slowing economic growth, the government is turning to religion […]

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Not Temporary Fixes, But Structural Reforms

    Chinese Premier Li Keqiang‘s recently published article on China’s reform drive and international cooperation shows the country’s pragmatism and determination, and charts a new and unprecedented blueprint that will also benefit world economic growth. Li’s article titled “China’s economic blueprint”, which was published in the Economist magazine on Nov. 2, depicts the direction and […]

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What’s Behind Chinese Leaders’ Response to the Market Crisis?

The current China conundrum lies in both economic and political dimensions, although much of the alarm about China’s economic downturn appears to be misplaced or overstated. China’s economic fundamentals essentially are solid. Multiple indicators point to a growth slowdown that remains broadly in line with the leadership’s game plan, and the authorities can draw upon […]

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Modi’s Window For Reform Is Closing

The window of opportunity for Indian Prime Minister Narendra Modi to press for serious economic reform seems to be closing. A little over a year after taking office, Modi’s government has been caught up in its first big political scandal. Read Here – Bloomberg

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Fearing The Obvious

About one year in office, (Prime Minister Narendra) Modi has moved into the unchartered water of social cleavage issues. Some of his policies arouse people’s concerns about his and the BJP’s position on communal and caste issues. Divisive policies are likely to open the Pandora’s Box of social cleavage in India, the resulted controversies of […]

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Is It The End Of Road For India’s Congress?

Without the Nehru-Gandhi dynasty—virtually synonymous with the party since 1969, when Indira Gandhi led a band of loyalists out of the original Congress that helped India win independence from Britain some two decades earlier—Indian politics will likely become less feudal and more meritocratic. And Asia’s third largest economy may finally junk the last vestiges of […]

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