Courtesy: Gateway House
China’s investment in Bangladesh’s stock exchange gives Beijing a chance to shape the financial architecture of the most vibrant economy in India’s neighbourhood
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For the last fortnight, the world has been captivated by the events of the 19th National Congress of the Communist Party of China, which elevated Chinese President Xi Jinping to the status accorded to Chairman Mao. Xi Jinping has consolidated his position in the CCP, strengthened his hold over the country and provided a policy road-map for the next five years. 'Xi' Jinping Thought' is now enshrined In the Chinese Constitution just as firmly as was 'Mao Zedong Thought'.
Courtesy: Tribune
Beijing has its finger on the economic pulse of the country, demonstrating a responsiveness to criticism at home and abroad. It reveals a great deal about Chinese political priorities and societal changes, and offers a collective learning for investors and markets worldwide – and especially for India.
Courtesy: News Max
China’s credit-led growth is likely to lead to a fairly severe economic crisis in the next two or three years. Recent research suggests that the current tactics may boost short-term growth, but harm its long-term prospects. Time is running out for the country’s ambitious policy-makers
Courtesy: Gateway House
The Indian government may block the acquisition of Gland Pharma by Shanghai Fosun Pharmaceuticals, a move that offers further confirmation of how China’s opaque business model is causing concern worldwide. This infographic shows some high-profile cases of acquisitions by Chinese companies that ran into local opposition
Courtesy: Wikipedia
Experts at a recent conference on China’s Belt and Road Initiative, hosted in Istanbul, spoke of its many advantages to the region, but also on the challenges involved in attracting financing
Courtesy: The Wire
China has launched the One Belt, One Road (OBOR) Initiative in an attempt to rebuild the ancient Silk Road with proposed land and sea routes to promote infrastructure, trade, and investment in the regions that it will thus connect. The challenge will be to attract private financing to support the official and multilateral ones
Courtesy: Quartz
Regulations are the new focus of economic statecraft. Their increasing importance is reflected in the negotiations on global financial standards, plurilateral trading rules, and regional economic unions.
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In two years, the Modi government’s Act East Policy has gone well beyond the focus on economic ties of its predecessor, the Look East Policy. It has made progress on many wider fronts, including connectivity and defence collaboration. India must now build on this success and further consolidate relations and trade links with ASEAN and beyond
Courtesy: pixabay
The Chinese Renminbi is now the first in the developing world to find a place in IMF’s basket of reserve currencies. But the road to its inclusion becoming effective is still almost a year away. In this time, China will likely further integrate its currency with global markets