looking beyond borders

foreign policy and global economy

Archive for the tag “industry”

India, Russia Decide To Expand Bilateral Trade To $30 bln By 2025; To Step Up Industrial Cooperation

Photo/PIB

India and Russia have decided to step up industrial cooperation and create new technological and investment partnership, especially in advanced high-tech areas, with an aim to increase bilateral trade to $30 billion by 2025. According to a joint statement issued by the Russian government after 20th India–Russia Annual Summit, Prime Minister Narendra Modi and President Vladimir Putin also agreed that the work on promoting mutual settlements of payments in national currencies will be continued.

Read Here – First Post

How To Make The Most Of China’s Accidental Rise As A European Power

Brussels has misread Beijing’s global aspirations – there is no grand plan behind Chinese acquisitions of European assets. But, as China becomes a stakeholder in Europe, the continent should adopt a pragmatic strategy to profit from this.

Read Here – South China Morning Post

A Tale Of Two Cities: Shenzhen Vs Hong Kong

Photo by Frame Harirak on Unsplash

Forty years ago Shenzhen was a rural backwater with a population of 20,000, boasting very little industry or agriculture. Communist Beijing was happy to keep it that way for fear its proximity to the freewheeling capitalist colony of Hong Kong made it a security threat. But after Deng Xiaoping’s reforms the town developed rapidly and is arguably surpassing Hong Kong as China’s leading city for industry and technology.

Read Here – South China Morning Post

Why The U.S. Economy Is Having A Boom

Why is this boom happening? That’s an almost impossible question to answer. Fundamentally, economists don’t know why booms happen. It’s possible that there’s not even such a thing as a “boom” at all — that this is just how the economy works under normal circumstances, when there isn’t a recession or crisis to throw it off its game.

Read Here – Bloomberg

China’s Looming Financial Crisis

Governor of the Reserve Bank of Australia Philip Lowe’s speech last week highlighting the risks to the Chinese financial system from shadow banks – non-bank financial institutions often operating in more lightly regulated wholesale markets – has once again drawn attention to the major economic risk in China.

Read Here – Lowy Institute

How Will China’s Sweeping Pollution Crackdown Affect Its Economy?

An unprecedented campaign against environmental pollution has led to 18,000 companies being punished across the country since last summer and more plant shutdowns. But the crackdown’s economic implications are just beginning to unfold.

Read Here – South China Morning Post

Why China Is Building A New City Out In The Desert Of Oman

Nobody is going to confuse the dusty fishing village of Duqm for Dubai. But Oman intends to change this by building an entirely new, $10.7 billion transit-oriented industrial city on the desertified coast of the Arabian Sea, 550 kilometers south of Muscat. More accurately, China intends to change this by building an entirely new $10.7 billion transit-oriented industrial city …

Read Here – Forbes

The World’s Most Valuable Resource Is No Longer Oil, But Data

A new commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. Now similar concerns are being raised by the giants that deal in data, the oil of the digital era. These titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook and Microsoft—look unstoppable.

Read Here – The Economist

Singapore: The Robot City

The “fourth industrial revolution”, an era of unprecedented automation and connectivity, could reshape the urban environment and have profound impacts on society at large.

Read Here – Rancoteur

China’s Silk Road

The name Silk Road conjures images of caravans, desert steppes and adventurers like Marco Polo navigating the ancient trading routes connecting China with Central Asia, the Middle East, Africa and Europe. China’s modern-day adaptation aims to revive those routes via a network of railways, ports, pipelines and highways.

Read Here – Bloomberg View

Post Navigation

%d bloggers like this: