It is clear by now that China’s economy is set to slow in the years to come, although economists disagree about how much and for how long.
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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?
Gateway House interviewed Jabin Jacob, assistant director and fellow at the Institute for China Studies, New Delhi, on the relationship between China and Pakistan, the China-Pakistan Economic Corridor(CPEC) as well as the China's one belt-one road initiative.
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
With the EU, Iran, and other entities taking decisive steps on April 2 to ensure a non-nuclear Iran, President Obama must now counter interests in the U.S. that want to stymie the final agreement. But having come this far, and considering the comprehensive benefits of an agreement, all sides are sure to deliver
The annual meeting of the National People’s Congress in Beijing in March covered wide and significant ground, including President Xi’s vision of deepening reform and law-based governance. The meeting also emphasised environmental protection and enforcement of IPR. But the outcome of these plans remains to be seen
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
In the past week two documentaries that went viral in China and India were banned. In China, a documentary about pollution. In India, a documentary about the Nirbhaya rape incident in 2012. India's decision to ban the film suggests that the government's approach to censorship is starting to look more like China's
With the crisis in Ukraine worsening, Europe seems to have realised that the solution is not military, though the U.S may push to send in arms. Although no country wants a war with Russia, the conflict over Ukraine between the West and Russia could escalate. What are the future scenarios for the region and with what global implications?
WeBank, China’s first online-only bank has been launched with great expectations. It can potentially reform the country’s mismanaged financial sector by opening up credit to private SMEs and prove a model for other developing countries.