If there was ever a time to buy a luxury car in China, its NOW! Escalating price competition amongst high end cars, coupled with China’s slowing economy is pushing margins of luxury car retailers down. Mercedes dealers are offering record markdowns of 25 percent...
Although China recently hiked her defence budget cruising beyond the US$100 billion mark, India has superseded China to reign as the world’s largest importer of arms. According to a study conducted by the Stockholm International Peace Research Institute or...
The average fare of a railway ticket last year was five times more in China than it was in India. So increasing railway passenger fares for the first time in eight years seems prudent for India’s Railways Minister Dinesh Trivedi, who delivered his maiden budget...
The India-China cotton trade has got messy. Just a year after India mulled over expanding the export quota for cotton to China owning to over production this year its taken a complete role reversal. India’s decision to ban cotton exports to protect the domestic...
By the end of 2011, China’s cumulative non-financial overseas direct investment (ODI) totaled US$322 billion, according to data from the ministry of Commerce. Nearly 70 percent of that went into projects in the Asia-Pacific region. In its 12th Five-Year Plan...
Indigenous producers of smart phones in China and India are adopting user-friendly technologies of the West, coupling them with Eastern cultural interfaces and branding them for the masses. As smart phones lead mobile phone sales in two of the worlds largest telecom...
