It’s been 20 years since I’ve been in Mongolia, the large country of high desert plains sandwiched between China and Russia, and much has changed. Some, education and food supply, is for the better, and a lot – including urban sprawl and rising inequality – is for the worse. Much of the change has to […]
Indian companies which invested in controversial deals involving hundreds of thousands of acres of land in Ethiopia have found themselves out of their depth in a fast-growing African economy that is still in the process of building critical transport and irrigation networks. Read Here – The Hindu
While the eurozone debt crisis hangs like a dark cloud over the global economy, a grey cloud is emerging in China with deep consequences for the states of the Gulf Cooperation Council: the prospect of a hard landing. Read Here – The National
Across Africa, oil, gas and minerals are being discovered more often than ever before. Nowhere is the global commodities boom being felt more acutely. Over the next decade, billions of dollars will flow into countries previously starved of financial capital, Kofi Annan writes. Read Here – International Herald Tribune
“GOING OUT” is the name China calls its strategy to increase outward foreign direct investment (ODI—ie, not the FDI coming in), first proposed in 1999 and implemented in earnest five years later. From 2004 to 2011, China’s ODI grew from $5.5 billion to over $65 billion a year, and it is expected to reach $150 billion by […]
