India and China: Friends, Foes or Frenemies?

When President Xi Jinping welcomes Indian Prime Minister Narendra Modi to China on Thursday, both leaders will be well aware that, by 2025, their nations will be two of the three largest economies in the world. Geopolitical tensions notwithstanding, economic imperatives demand that collaboration between the two giants help mitigate historical mistrust and future rivalry..…..…

$100 billion from Xi’s Visit to India – Not Likely

Chinese president Xi Jinping’s visit to India this week will likely be the most significant meeting between the leaders of China and India since Rajiv Gandhi’s visit to Beijing in 1988. Indeed, India’s leading business daily has gone so far as to suggest that Xi will bring along with him commitments to invest $100bn over the next five years..…..…

The Innovation Struggle

There appears to be a growing drumbeat – almost always by non-Chinese observers – about China’s imminent rise as an innovation superpower. Just in the last five years, leading American media have carried headlines such as “China poised to become innovation leader,” or “Danger: America is losing its edge in innovation,” and “When innovation, too, is made in China”…….…

Asia Isn’t Going to Lead Technologically Anytime Soon

The past decade has witnessed a steady, though largely groundless, drumbeat of warnings about how the West is losing its innovation edge. The first such warning appeared soon after the 2003 report by Goldman Sachs predicting that in the long run the BRIC emerging economies – Brazil, Russia, India and China – will eclipse the industrialised nations..…..…

Beat the Odds in Cross-Border Joint Ventures

It’s proving to be an eventful year for AirAsia, the Kuala Lumpur-based airline that has emerged as Asia’s most successful low-cost carrier in recent times. The last 12 months have seen the collapse of AirAsia Japan, a once-promising joint venture between AirAsia and Japan’s ANA, and the birth of AirAsia India, an alliance between the company and India’s Tata Group.…..…