In a crystal ball moment, the Organisation for Economic Co-operation and Development (OECD) said the combined gross domestic product of China and India was likely to exceed that of all the current Group of Seven rich economies by around 2025. China’s economy is...
The fresh crop of leaders expected to take their place in the world post the 18th National Congress of the Chinese Communist Party, which starts in Beijing on November 8th, will inherit a China not only riddled with a slowing economy, corruption and myriad social...
Recent statistics have shown a steady growth trajectory for both India and China. While GDP and manufacturing output numbers quantify a nation’s progress, softer statistics are showing a discerning upward trend. In recent report by International Finance...
Chinese author Mo Yan just became the first Mandarin to win the Nobel Prize for literature. During the same week, China announced it would be translating into Mandarin, publishing and printing constitutions of a majority of the worlds nations. Furthermore, in recent...
The cascading economy and 12 percent drop in the value of the rupee against the dollar has eroded millions from India’s billionaires. Yet two of India’s riches have personal fortunes which are much higher than the richest billionaires in China. In its...
The Asian Development Bank released a report about it, the World Bank foresaw this happening and the International Monetary Fund expects it. Growth rates in China and India are expected to drop, plummet, fall and reach a new low as international GDP figures fall and...