As the world economy restructures, the global financial axis tilts East and China cements its place in the world, there is tremendous opportunity for investors to strike gold in the middle kingdom. According to China’s commerce ministry, in 2010, there were...
As an aftermath of large stimulus spending to revive the domestic economy and keep it afloat during the financial crisis, it is now feared that Chinese banks, the world’s most profitable in 2009, might drown in debt. According to a knowledgable source...
Pushing growth further inland, New Delhi has relaxed the minimum built-up area norms for Special Economic Zones coming up in smaller cities. In a recent notification, the Commerce Ministry listed 21 cities as B1 (these include small cities such as Patna and...
Slamming western credit rating agencies – Moody’s Investors Service, Standard & Poor’s and Fitch Ratings, for being too close to their clients and as a result failing to see risks and predict the financial crisis, the non-western world’s first credit...
Even as millions of gallons of oil flow into the East China Sea, off the coast of Dalian from last Friday’s pipe burst, China has superceded the United States to become the world’ largest consumer of energy. According to the International Energy...
After telecom and power equipment manufacturers, cotton traders, toy manufacturers, soda ash importers and iron ore exporters, it’s now the turn of electrical equipment manufacturers to raise a hue and cry about cheap Chinese equipment entering the market....
