Will they or won’t they? They question has currency analysts sitting on the edge of their chairs, anticipating an approximate 10 percent appreciation of the yuan to cool down inflation even as interest rate rises and higher bank reserve requirements show limited...
The auto industry just might be the catalyst for a success story India and China need. At a time when online forums are raging on about India’s possible 0.1 percent higher GDP growth in 2010 and economists and analysts are debating between calculating GDP at...
China is lobbying hard to get the International Monetary Fund to make the yuan a part of its currency basket. “China’s yuan is close to being a freely usable currency, one of two key tests for it to be included in the International Monetary Fund’s...
India and China leaped ahead in diplomatic talks on Wednesday when heads of state Prime Minister Manmohan Singh and President Hu Jintao met on the sidelines of the third BRICS Summit in Sanya. The sweet and sour relationship between the two tasted a lot sweeter after...
Information and communication technologies which are crucially linked to the growth and development of a nation have a long way to to when it comes to China and India. According to the World Economic Forum’s 10th Global Information Technology Report, China and...
The International Monetary Fund in its latest World Economic Outlook report (WEO) 2011 expects China’s economic growth to remain robust at 9.6 percent this year and 9.5 percent in 2012, while growth in India is expected to moderate, but remain above trend, with...
