After becoming the world’s largest manufacturing base and recently overtaking Japan as the second largest economy, China has managed to pull another first. Statistics released today show China for the first time in history overtook the US in investments in...
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...
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...
China plans to invest US$1.5 trillion or about 5 percent of China’s gross domestic product on an annual basis in seven key industries including high-end equipment manufacturing, high-speed rail and aviation equipment, energy-saving and environmentally friendly...
Bilateral trade relations between Asia’s two economic superpowers have once again exceeded expectations. According to statistics released recently by the two countries, India-China bilateral trade reached US$61.7 billion, exceeding the trade target of...
