EM Asia

This tag is associated with 213 posts

China Vows To Step Up Targeted Policies To Combat “Relatively Big” Downward Pressure On Economy

China’s top leadership vowed on Thursday to use targeted policies to combat the “relatively big” downward pressure on its economy, China’s state-run Xinhua news agency reports. The Politburo, China’s top decision-making body, said that the nation will keep its macro policies stable, make “pre-emptive adjustments”, and fine-tune economic policies in a timely manner in order to support … Continue reading

After Six Years Of Secrecy, China Has Released Questionable Gold Reserve Figures

After six years of mystery over how much gold China is actually hoarding, the nation surprised the bullion market on Friday by unveiling its first reserve figures since last published in April 2009, which showed a near 60 percent jump versus expectations that holdings had tripled since that time. China has boosted bullion assets to 53.31 million troy … Continue reading

How China’s Stock Market Could Bleed Into Its Economy

By Oliver Rui Don’t bet more than you can afford. Don’t borrow to play. Don’t chase your losses. Quit while you’re ahead. If only Chinese stock market investors had followed these basic gambling rules. Seduced by dreams of getting rich quick, millions of inexperienced Chinese investors have lately been treating China’s stock market like a casino. … Continue reading

Hopes High In Pakistan To Solve Energy Crisis With Iran-Pakistan Pipeline, Following Landmark Nuclear Deal

Pakistan is hoping to benefit from a historic nuclear deal that Iran and six major world powers (P5+1) reached on Tuesday, following over a decade of negotiations with an agreement that could transform the Middle East. Pakistan has been struggling with an energy crisis as rolling blackouts for several hours a day are common in its urban and rural areas … Continue reading

Historic Iran Nuclear Deal Resets Eurasia’s ‘Great Game’

By Pepe Escobar, Asia Times This is it. It is indeed historic. And diplomacy eventually wins. In terms of the New Great Game in Eurasia, and the ongoing tectonic shifts reorganizing Eurasia, this is huge: Iran — supported by Russia and China — has finally, successfully, called the long, winding 12-year-long Atlanticist bluff on its “nuclear … Continue reading

Is The U.S. Trying To Crash China’s Market To Counter The Rising Clout Of The BRICS, SCO, EEU?

By Mahdi Darius Nazemroaya The tide is changing. The world is no longer dominated by the U.S., Western Europe, and Japan. The Group of Eight (G8), which reverted to the Group of Seven (G7) in 2014, has been displaced by the BRICS, which is why Russia was not bothered when it was expelled from the G8/G7 … Continue reading

The U.S. Has “Shot Itself In The Foot” By Pushing Russia Closer To China, Jim Rogers Says

Jim Rogers, the Chairman of Rogers Holdings and Beeland Interests, says that the United States has hurt itself and “shot itself in the foot” by pushing Russia closer towards China during an interview with Russia’s Gazeta.ru newspaper. Rogers explained that it’s only a matter of time before Russia becomes a major partner in Asia, which would mean that the … Continue reading

What The Mainstream Media Missed From The BRICS And SCO Summits

By Andrew Korybko, Sputnik News The Ufa Summits were so wildly successful that most media outlets couldn’t keep track of everything that transpired. The most widely known achievements to have come out of the BRICS and SCO Summits in Ufa are the BRICS New Development Bank and India and Pakistan’s joint accession to the SCO, but that doesn’t mean that … Continue reading

The BRICS And SCO Sow Panic In Exceptionalistan

By Pepe Escobar As austerity-ravaged Europe watches its undemocratic “institutions” grapple with the Greek tragedy, and the US backtracks on a fair nuclear deal with Iran, geopolitical tectonic plates are shifting in the Urals. Can you feel an inchoate multipolar world? Well, just look right here at the BRICS 2015 Ufa declaration. The EU is hardly … Continue reading

Realising India’s Economic Potential

By Peter Drysdale India is a very large labour-abundant economy with a rapidly growing workforce and its manufacturing sector might be expected to be the primary driver of its economic growth. In fact, the manufacturing sector has contributed little to income growth and its share in total merchandise exports has been declining, as recent OECD analysis points … Continue reading

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