Courtesy: file photo/Xinhua, Wikipedia
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
Courtesy: U.S. State department/Flickr
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
Courtesy: 一大抄/Wikipedia
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
Courtesy: file photo/Xinhua
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
Courtesy: YouTube
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?
Courtesy: Wanted China
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.
Courtesy: wantchinatimes.com
Economic development and increments in scientific knowledge and technology, which in turn rest on R&D, are interconnected. India is falling behind and must allocate a greater share to R&D, while China must elevate the efficiency of its research expenditure—this focus will allow the two countries to continue to grow
