A Tsar Is Born

Seventeen years after Vladimir Putin first became president, his grip on Russia is stronger than ever. The West, which still sees Russia in post-Soviet terms, sometimes ranks him as his country’s most powerful leader since Stalin. Russians are increasingly looking to an earlier period of history. Both liberal reformers and conservative traditionalists in Moscow are […]

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Asian Sub Spending Spree Raises Risks Of Mistakes, Escalation

For more than a decade, Asian countries have been on a submarine spending spree. Some countries are updating obsolete vessels while others are purchasing submarines for the first time. This trend has largely been driven by growing concerns nations have over maintaining a deterrent against an increasingly assertive China broadly, but also rivalries with neighbours […]

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China Wants Great Power, Not Great Responsibility

Forty-three years after Richard Nixon made his famous visit to China, that country has seemingly decided to take a page from the former U.S. president’s Treasury Department. As China lowers the value of the yuan, the country’s economic policy makers are mimicking the blasé attitude of Nixon-era Treasury chief John Connally, who dismissed international complaints […]

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All-Weather Friend and 51 MoUs

A historic ceremony was organised at the Prime Minister’s Office on Monday, where Pakistan and China signed 51 Memorandums of Understanding (MoUs) relating to diverse aspects of bilateral relations, including the Pakistan China Economic Corridor. Read Here – Dawn Chinese Investments Dwarf American Package, Says U.S. Media

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A Chinese Proposal India Can Say No To?

According to a report in India’s Economic Times, China has offered to finance a large portion of India’s infrastructure development via loans.  The investment would amount to 30 percent of India’s planned infrastructure spending through 2017. For comparison, China contributed a mere 0.15 percent of India’s total FDI inflows between April 2000 and December 2013. India has […]

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Battling Over Resources

Resource security is now a priority for governments the world over. Markets for many resources are likely to remain tight and unstable as demand growth outstrips production and stocks struggle to recover. Government interventions in resource markets, such as biofuel mandates and export controls, often make things worse. In the medium term, climate change will […]

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