In a move that would further boost Chinese investments into India, the International Monetary Fund (IMF) has predicted that India’s GDP growth could outstrip China’s in this financial year 2015-16. According to the IMF’s report, for the first time in...
Russia and China signed a historic deal today, marking not only US$400 billion for a 30 year gas deal, but more importantly altering the way the world will work international relations in the years to come. Furthermore, the deal was signed even as China was locked in...
The often floundering, fragile Indian economy is relatively looking positive in light of recent changes within her BRICS peers. The rupee is trading at an eight month high of Rs. 60.17 to the dollar and the benchmark Sensex stock index, closed above 22,000 for...
As China gains prominence over Japan in India’s foreign relations, the new government in New Delhi has approved an in principal memorandum of understanding relating to the establishment of five industrial parks in India. The proposed parks expected to be started...
Indian Prime Minister Dr. Manmohan Singh is quite familiar with Beijing by now. Where he needs a guiding light is India China trade. The disproportionate skew towards China, is so dismal that it has the Chinese worried. In order to create inroads and persuade...
Long gone are the days when a Mumbai wanted to be a Shanghai, today Xiamen might be too much competition for the Indian commercial capital. Located on China’s South Eastern coast, in Fujian Province, Xiamen boasts to be China’s highest car ownership metro at...