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...
Buoyed by Chinese consumers avarice for all foods and beverages yummy,Yum brands, costa coffee and Starbucks are all oogling at the India market. US listed Yum brands recently announced that it is looking at expanding its India operations. The company who brought KFC,...
Syria and Iran will be be the focal points of discussion between Indian External Affairs Minister S.M. Krishna and his Chinese counterpart Yang Jiechi in Beijing on Wednesday. Mr. Krishna who is going to the Chinese capital to inaugurate the 13,500 square-metre, US$10...
India’s Supreme Court on Thursday cancelled all 122 telecom licenses which former minister A Raja had sanctioned. Deeming the licenses as sold below market prices and costing the exchequer as much as US$36 billion in lost revenues and leading to political...
India-China trade hit an all time high record of US$73.9 billion in calendar year 2011, up from US$61.7 billion in 2010, a rise of US$12.2 billion for the year and right on track to reach the US$100 billion milestone by 2015. China’s exports to India continued...
The Taj Group of Hotels, owned by the Tata Group one of India’s largest businesses, has inked a Joint Venture with Yunnan Tourism Co. Ltd. engaging themselves in the development, construction, operation and management of two hotels in Kunming Expo Garden,...