Given that inflation in China is set to rage through 2011 – and that the rich-poor gap will yawn even wider – the possibility of a people power-style uprising cannot be discounted in China. With the winds of change blowing East from Egypt, China raised its...
Taking advantage of the high costs of modern diseases in developing, populated economies like China and India, Chinese drug companies are manufacturing counterfeit Cancer and HIV drugs which are being sold at much lower rates in the two countries. The ineffective drug...
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...
Threatened by low cost phosphoric acid imports from China that rendered the Indian fertilizer market dependent on Chinese imports, Indian companies have decided to fight back. Both, United Phosphorous Ltd, the country’s largest pesticide maker and Tata Chemicals, the...
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...
As global business leaders hob-nob on the Swiss ski lopes during the World Economic Forum held this week in Davos, the world’s business axis is slowly twisting south-west. To be more precise from China to India. While India might not have the largest contingent...