Courtesy: Review Journal, Xinhua
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?
Courtesy: Wikipedia
The trade deficit and border issues have usually overshadowed the public discourse between India and China. However, below this surface, bilateral business and financial engagement is growing. India will have to engage judiciously with China to ensure that the resulting geoeconomic benefits remain in our favour
Courtesy: Google Maps
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Prime Minister's Office
The India-ASEAN Free Trade Agreement in services and trade will allow India to leverage its competitive offerings in IT, finance, among other fields. But the pact has proved elusive so far due to the open squabbling between ministries. The deal now looks set to come through only after the new government takes over
Courtesy: Systemman, Erin A. Kirk-Cuomo/Wikimedia Commons
The U.S. government shutdown and President Obama’s absence gave China immense diplomatic and political space at the APEC and East Asia Summit meetings. China’s declaration of a “de-Americanised” world may be premature but the crumbling old order is doing little to dispel this notion
Courtesy: Angélica Rivera de Peña/ Flickr
This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on China’s anti-corruption drive which has targeted certain foreign multi-national companies
As India looks towards Africa to expand its economic ties, it faces a number of challenges - both policy and commercial. Gateway House interviews Kapil Kapoor, Director of Strategy at the African Development Bank Group (AfDB), to discuss new strategies for trade and investment in African countries
Courtesy: Ministry of External Affairs, India
Chinese Premier Li Keqiang is also a salesman for his country – but he comes with the one offer no foreign dignitary has made so far: money. Cash-strapped Indian business especially those in the infrastructure and resource businesses, will certainly be looking now to China to make their dreams of survival come true.
Courtesy: trendscout::/Flickr
All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
Courtesy: upton/Flickr
While India’s mega-companies are only experiencing the beginning of Beijing’s accommodating bank policy, Brazil and Russia seem to have grown accustomed to Chinese money. Before they meet in New Delhi for the 2012 BRICS summit, it’s important to remember that China’s loans come with strings attached.
