China will overtake the US in the next four years to become the largest economy in the world, says a leading international thinktank. The Paris-based Organisation for Economic Co-operation and Development (OECD) said China’s economy will be larger than the combined economies of the eurozone countries by the end of this year, and will overtake the […]
In the United States, the world’s largest economy, President Obama has secured a second term as leader of the country. In China, the second largest economy, by this time next week new leaders will likely have been confirmed as well. In both cases, the new leaders will officially begin their terms in 2013, even if Obama has […]
For the first time since 1992, the United States’ and China’s political calendars are syncing up, with presidential elections in the former and a leadership transition in the latter. But unlike in the United States, where Mitt Romney would have had to defeat President Barack Obama in a national election to win the White House, Xi […]
It was the talk of teaching Hindi to schoolchildren down under that grabbed all the headlines in India, but Canberra’s White Paper Australia in the Asian Century merits wider attention because governments today rarely state far-reaching plans of any kind, let alone those involving an epochal reorientation of political sensibility. Prime Minister Julia Gillard, who commissioned the […]
At the final presidential debate of the 2012 campaign season, President Barack Obama and Governor Mitt Romney mentioned Israel some 30 times, more than any other country except Iran. Both candidates called the Jewish state “a true friend,” pledging to stand with it through thick and thin. Some political commentators criticized these effusive declarations of […]
With Barack Obama successfully defending his presidency in the U.S. election and a new leadership of the ruling Communist Party of China (CPC) soon to be elected, it is the right time for the Obama Administration to rethink its policy on China, Xinhua says in a commentary. Read Here – Xinhua
Chinese leader Hu Jintao delivered a report on Thursday at the opening of the 18th National Congress of the Communist Party of China (CPC). The following are key quotes from his report: On Scientific Outlook on Development — The most important achievement in our endeavors in the past ten years is that we have formed […]
Now that the U.S. election finally is over, it’s time to focus on the other most important leadership transition in the world: China’s. Like the United States, China is also at a turning point, and though the specifics differ, the crux of the problem is the same: major structural change is critical to sustained future […]
It came after a night of rain, tear gas and clashes. But after four months of tortuous negotiations and a rancorous parliamentary debate, the Greek parliament finally announced late on Wednesday night that it had passed the most draconian package yet of austerity measures needed to keep Europe‘s weakest economy afloat. Following heady scenes inside and […]
The United States is frittering away its role as a model for the rest of the world. The political system is plagued by an absurd level of hatred, the economy is stagnating and the infrastructure is falling into a miserable state of disrepair. On this election eve, many Americans are losing faith in their country’s […]
looking beyond borders 