Shanghai_pudong Courtesy: Wikipedia
7 July 2015

Ideas for the NDB’s institutional design

The New Development Bank initiated by BRICS countries can reform and democratise global economic governance. But to reach this goal, in this critical period when the bank is preparing to operationalise, it must formulate an innovative institutional design. This article outlines four guiding principles for such a structure

Iron ore Courtesy: Peter Craven/Wikipedia
3 June 2015

India-China deficit: beyond iron ore

A distinguished Chinese scholar, speaking at a BRICS forum in Moscow recently, ascribed the growing India-China trade deficit to India’s ban on iron exports. While this contention is partially true, the data does not validate this argument, and nor does his view account for the other reasons for the deficit

Leaders_of_TPP_member_states- wikipedia Courtesy: Wikipedia
20 May 2015

TPP and RCEP: the hare and the tortoise?

The Trans-Pacific Partnership might soon be concluded if the U.S. Congress fast-tracks it, as recently announced, while the Regional Comprehensive Economic Partnership Agreement remains on slow-track. But the TPP, although ambitious, follows an outdated template, and it is the dynamic RCEP that can be a model for a new global rules-based framework

Xiaomi India Courtesy: Alibaba, Xiaomi, Wechat
18 May 2015

China and Digital India

Less than two years ago most Indians would struggle to name a Chinese company. Fast forward to the present, Chinese smartphone company Xiaomi is on the tips of everyone’s tongue. Chinese internet giants Alibaba, Tencent and Xiaomi have emerged as investors and major players in India’s fast growing e-commerce and internet space. Their emergence marks a new and exciting area of cooperation and engagement between India and China

Sharif-Xi jinping Courtesy:
14 May 2015

OBOR and India’s security concerns

While China will seek India’s cooperation on its ambitious ‘One Belt, One Road’ project during Prime Minister Modi’s visit this week, Indian policy makers must soon articulate a definite stand on this transnational corridor by bridging the country’s security concerns and the benefits of such an engagement with China.

Uber China Courtesy: Review Journal, Xinhua
30 April 2015

Can Uber in China counter local e-taxis?

Although Uber has a $41billion global valuation, over 99% of the taxi app market in China is controlled by local competitors offering personalised services, informal networks, and a familiarity with regulations that Uber cannot match. In such a scenario, can Uber live up to its valuation? And will local entities eventually also have an advantage in the crowd-sourced trucking and waterways sectors?

aiib Courtesy: file photo/Xinhua, Wikipedia
23 April 2015

An ASEAN lens on the AIIB

The AIIB is a step along a path that started with the Asian financial crisis, which defined ASEAN’s views about the U.S.’s commitment to the region. Although the bank may signal the rise of China, it is also a coming together of Chinese and ASEAN goals—ASEAN’s focus on infrastructure for growth requires another source of finance, and this forecasts its strong relationship with the AIIB

AIIB Courtesy: file photo/Xinhua
1 April 2015

The new multilateral financial architecture

The announcement that major European powers will join the AIIB as founding members means the bank is now clearly accepted as a tangible game changer in the multilateral financial architecture. The formidable intentions of AIIB and the new transnational corridors project are both a challenge and an opportunity for India