More than a century after Mahatma Gandhi went to South Africa, and three decades after China began to woo the rich continent for its natural resources, foreseeing the need for energy, modern India is following suit. 400 business and political leaders from 34 African...
Emerging economies such as China and India, having broken free of the recession are increasingly investing in developed countries with a long-term economic track record. A KPMG report on emerging to developed market deals shows a substantial rise in FDI flow from...
Planes haven’t yet replaced trains, at least not in the East. Less than two years after China’s first high-speed train from Beijing to Tianjin rolled out of the platform, top officials in Beijing are busy drafting a global rail network of high-speed trains...
As India rides on the infrastructure highway, building more roads and rail links, manufacturing millions of cars its domestic consumption of iron ore and steel is increasing. The rising domestic demand, not only has a direct impact on soaring steel prices worldwide...
The State bank of India, the country’s largest bank, has been given permission by the People’s Bank of China, China’s apex bank to lend in yuan, the local currency from March 15, 2010. The State Bank of India which set up operations in China about 10 years ago,...
