Ministry Of External Affairs, India Courtesy: Ministry Of External Affairs, India
29 March 2013

Beijing banks on BRICS

Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.

renminibi2 Courtesy: rahims/Flickr
16 July 2012

China’s Achilles’ heel

China is quick in providing loans to execute domestic and international business plans, and returns are often forgone in the quest to own market share. Faced with an economic slowdown, will Beijing be able to sustain such unconventional economic policies? Or will its banking sector prove to be its Achilles' heel?