Cotton is the new iron ore. Just as a spurt in the domestic demand of iron ore jolted Indian tax authorities to up duties on iron ore exports to China, similarly following rising domestic prices, duties have been imposed on cotton exports to the middle kingdom. With...
China like India cannot be surmised in one sweeping view. Rather, each of the 31 provinces that make up the middle kingdom varies with respect to laws, taxes, governments, cultures and GDP growth rates. Best viewed as separate countries, it is important for...
