The emerging world—lower and middle income countries alike—found China’s insatiable appetite for commodities in recent years a godsend. For the new middle class a commodity supercycle was the simplest route to plenty. If a country had commodities it benefited either from direct trade, or though persistently higher prices of nearly all industrial commodities. By meeting […]
President Xi Jinping has announced assistance and loans totalling $60 billion for Africa to help the continent address its top three difficulties: infrastructure, talent and funding. At the opening ceremony of the Forum on China-Africa Cooperation Summit, Xi said the funding plan was announced to ensure that China rolls out 10 concrete plans for cooperation in […]
For centuries the Silk Road, stretching across deserts, steppes, and mountains, linked the imperial dynasties of China with Europe. Chinese rulers used the thoroughfares to expand their power and influence deep into Asia. Today a newly assertive Chinese empire—this time, a communist one—is undertaking a gargantuan project to re-create those ancient trade routes and the […]
The Russian economy faces low growth at best and prolonged stagnation at worst. The outcome does not depend on oil prices and sanctions alone but also on more deeply rooted problems. Although some reckon that prolonged stagnation would bring Putin down, his repressive system shields him from economic mismanagement and from the costs of political […]
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 […]
As the leaders of 17 countries gathered in the Philippines Wednesday for the annual Asia-Pacific Economic Cooperation forum, Chinese President Xi Jinping stated the obvious. “The Chinese economy is a concern for everyone,” he said. “We will work hard to shift our growth from just expanding scale to improving its structure.” Read Here – BloombergView
It’s been a long time coming. Aung San Suu Kyi has been waiting for this for more than a quarter of a century, the jubilant crowds in Yangon and across Myanmar have sensed it over the past weeks of campaigning, and now the electoral commission has confirmed it: Myanmar is returning to democracy. Read Here […]
In the ultimate analysis, the Bihar election turns out to be a referendum on Modi himself. The single resounding message is that the Modi government’s lackluster performance is steadily eroding the overall credibility of the prime minister and his party. Read Here – Asia Times
It was the 80 seconds China and Taiwan had waited almost 70 years for. Chinese President Xi Jinping and his Taiwanese counterpart, Ma Ying-jeou, smiled in dark suits –Xi wearing a Communist red tie, Ma, a Nationalist blue one — as they shook hands for more than a minute before hundreds of reporters in Singapore. The […]
After Huawei, Xiaomi, and a number of Chinese smartphone producers, LeTV will launch its new smartphone in India early next year. With deepening engagement, China and India will have a bigger platform to cooperate. The upcoming 13th five-year plan is not only about China’s reform and innovation but also about the close integration and shared […]
