Innovation should be one of the major driving forces of China’s ongoing economic reforms and development in the future, as the country’s GDP is expected to slow from double-digit growth, Premier Li Keqiang said Read Here – China Daily
China‘s contribution to the global economy will be in its steady growth and structural transformation; only long-term reforms can sow the seeds of prosperity. Measures used in emergencies – moves that break market rules – can be effective for a short time but they have long-term disadvantages. Read Here – Caixin
Since 2010, global financial circles have been obsessing about China’s slowing economy. But, while the country barely met the official target of 7.5% annual GDP growth in the second quarter of this year – generating significant anxiety worldwide – China’s government seemingly remains calm, showing no indication that it plans to launch yet another stimulus […]
With austerity the reigning buzzword in Beijing, it’s tempting to assume that China is finally joining the West’s ongoing debate about macroeconomics. In reality, China’s leaders are drawing on a vastly different intellectual history. Read Here – Foreign Affairs
To be sure, Chinese leaders would prefer balanced high growth to low growth. However, the current leadership is aware of the enormous risks of allowing highly distorted growth to continue. Since 2008, Beijing has maintained growth with a massive injection of credit, much of it invested in speculative real estate, excessive industrial capacity, and infrastructure […]
China‘s reform-minded leaders are more willing than ever to raise the pain threshold for the economy to push through long-term reforms, despite a protracted slowdown that has sparked calls for looser monetary policy. Read Here – Reuters
China’s new leaders are talking nice. The country’s “ambitious” reform plans will provide “enormous” opportunities for the world, said premier Li Keqiang on May 27 at a business forum in Berlin, citing plans for industrialization and urbanization, as well as agricultural and technological upgrading. China and the U.S. must“build on past successes and open up new dimensions for the […]
The media headlines about a new opinion poll suggest that the answer is that most Indians see China as a security challenge, indeed as a threat. While that is an accurate description of one part of the poll, it is not the whole story. Read Here – The Diplomat
Given the glacial pace of movement in virtually every aspect of Sino-Indian relations that came up for mention in talks between the leaders of both countries during Chinese Premier Li Keqiang’s current visit to India, it is easy to surmise that that the interactions were a colossal flop. But was it? Read Here – Firstpost
Concomitant with its growing power, India is expanding its influence, both within the region and in global arena. While Indian diplomacy has been struggling to bridge the gap between what the country believes is its rightful place in the international community, on the one hand, and the actual status, on the other, its status and […]
looking beyond borders 