Last week, Indian and Chinese companies struck two large deals in the infrastructure and stainless steel sectors. One of the deals, involves constructing a road in Jammu & Kashmir, near the India-China border. Baosteel Resources, the Baosteel group’s...
China and India are relative teetotalers as compared to their BRIC counterparts – Russia and Brazil when it comes to alcohol consumption. The two nations seem almost buddhist when compared to the rest of the world which is estimated to have consumed the...
Even as rubber, oil and steel prices soar on the inflation highway , Chinese auto companies are revving up their engines to cruise into the Indian market. Even though India’s roads might be congested and cars fight tooth and jowl as infrastructure creeks, the...
Even as investment bankers forecast a stellar year for mergers and acquisitions in Asia following a leap in the value of both inbound and outbound transactions in 2010, China is all set to rain on their parade. According to the new regulations posted on a government...
Given that inflation in China is set to rage through 2011 – and that the rich-poor gap will yawn even wider – the possibility of a people power-style uprising cannot be discounted in China. With the winds of change blowing East from Egypt, China raised its...