By BNE German Chancellor Angela Merkel has been talking tough on Russia, leading to a string of op-eds suggesting Germany has given up on Ostpolitik and Russia’s biggest fan in western Europe is about to turn its back on the Kremlin. The situation has been misread. Far from giving up, Germany wants to build closer business ties … Continue reading
By Nicholas R. Lardy PIIE Virtually every dimension of China’s economic success over the past three-and-a-half decades can be attributed largely to the rise of markets and private businesses. Private firms account for almost all the growth in employment, most of the expansion of output and investment in manufacturing, and in recent years for over … Continue reading
By Bruce Pannier RFE/RL With the announcement of its new $16.3 billion Silk Road plan, China has again demonstrated it has the greatest economic influence in Central Asia at the moment. This trend is likely to continue for some years since Russia’s economic situation puts Moscow in a position where it cannot hope to spend … Continue reading
By Shannon Tiezzi The Diplomat has previously covered China’s water pollution crisis, with the Chinese government reporting that nearly 60 percent of China’s groundwater is polluted. But water scarcity, while obviously exacerbated by pollution, is also a severe problem for China, one that is tied up with complex questions about energy use, urbanization, and modernization. … Continue reading
By ValueWalk China wasted approximately $6.8 trillion or 41.8 trillion yuan on “ineffective investment” over the past five years since 2009, according to an opinion piece published by two Chinese government researchers on Shanghai Securities Journal. Xu Ce of the National Development Reform and Commission, the state planning agency and Wang Yuan from the Academy … Continue reading
By India Prime Minister’s Office The Prime Minister, Shri Narendra Modi, has underlined the Government`s resolve to accord priority to the development of the North-East. He was speaking at the flagging-off of the first train from Mendipathar, Meghalaya to Guwahati by remote, and unveiling the plaque for a new rail line from Bhairabi to Sairang, … Continue reading
By The Moscow Kremlin Ahead of the state visit to the Republic of Turkey, Vladimir Putin gave an interview to Anadolu Agency. QUESTION: What specific objectives in political, economic and cultural spheres of Russian-Turkish relations will you set during the meeting of the High-Level Cooperation Council? Why do the bilateral relations remain generally warm despite … Continue reading
Long understood to be a peripheral North African Arab state hugging the Mediterranean shoreline, street vendor Mohammed Bu Azzizi’s December 2010’s self immolation became the proverbial spark that catapulted Tunisia into the forefront of change in the Middle East/North Africa Region. Today, the Arab World is again looking towards Tunisia as it seems to many … Continue reading
The capitalization of the Chinese stock market increased 33 percent in 2014 reaching $4.48 trillion, which makes the market second only to the US. Japan’s stock market declined 3.2 percent to $4.46 trillion in 2013, according to Bloomberg analysts. The Chinese market surge came hot on the heels of allowing foreign investors unprecedented access to … Continue reading
Last week, Chinese officials supported the position of Russia on both the Crimea and the Ukrainian conflict. Soon afterwards, it was reported that Russia sold S-400 air defense systems to the Celestial Empire. The contract was evaluated at $3 billion. Is there a connection between these events? China can wait, but it can not wait … Continue reading