Category: Articles

India’s Prime Minister Narendra Modi has rightly picked “Make in India” as the most important plank in his drive to help accelerate the country’s rise towards becoming an economic superpower..…..…

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..…..…

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..…..…

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”…….…

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..…..…

Tesco’s recent decision to transfer its retail operations in China to a joint venture controlled by China Resources, a local state-owned enterprise, is just the latest example of a prominent Western retailer that has stumbled in China……..…

Given the U.S. economy’s sustained recovery, it is all but certain that the Federal Reserve will start to reduce bond-buying later this year and end it completely sometime in 2014. As real U.S. interest rates inch up, investors are pulling money back from emerging markets……..…

Exploding watermelons, toxic peanuts, and contaminated rice are just some of the food hazards that routinely bedevil Chinese consumers. The risks of contamination are particularly far-reaching in the case of milk, since more than 70 percent of Chinese mothers rely on baby formula rather than breast milk to feed their babies..…..…

Caterpillar has a well-earned reputation as a global technology leader, having done a masterful job diversifying from its main construction equipment business into mining equipment, heavy-duty engines, electric power generation, and locomotives. Yet when it comes to performance in China, the world’s largest market for its products and services, Caterpillar seems to be floundering….…..…

The commerce ministers of India and China meet Monday in New Delhi, and the trade balance between the two countries is set to be a matter of particular controversy. Indian leaders have become alarmed by their growing trade deficit with China….….…