The official growth figure was put this week at 6.9% and shows, says business analyst Shaun Rein at Money Control, the country has enough room to grow, at least at the short term. “The fears over China are largely unwounded at least in the short-term.”
Category Archives: India
China´s increased economic power, through BRICS´ alliances and the “One Belt, One Road” initiative, have been looked upon with anxiety by especially American analyst. We should not look at those steps as an evil movement, argues financial analyst Sara Hsu in the Diplomat.
After decades of stellar growth in China, some analysts have start to suggest India might actually overtake as the global economic wonder. Business analyst Shaun Rein is not on their side, he tells in CNBC, and explains why China might outperform India also in the future. What is his take on India?
China has retained a second place on the 2015 Global Rich List, despite the growing number of billionaires. India got bronze, passing the UK and Russia. Hurun founder Rupert Hoogewerf: “Tech has been leading the way again for new billionaires. It’s all eyes on the new economy,” according to the Independent.
Political relations between China and India are tense, and Indian internet users follow the issue closely. The opposite happens at the other side of the border, says Kaiser Kuo, director international communication of Baidu in the Beijing Review. “The sad truth is that most Chinese just don’t think that often about India.”
Despite bad memories on the first deal with the Sukhoi Su-27/J-11A fighter, Russia seems to move forward in negotiations on a second fighter deal with China, writes defense specialist Wendell Minnick in Defense News. Reason: geopolitical considerations, rather than business sense.
The fourteen-year old Hurun China rich list has this week also launched into India, announced its founder Rupert Hoogewerf. The important milestone was widely reported in India’s media.
Half a decade ago, cost for manufacturing in China started to go up, and keep on rising. Author Shaun Rein of “The End of Cheap China: Economic and Cultural Trends that Will Disrupt the World” explains in the China Post how China’s neighbor can profit.
Former colonial powers have been anxiously watching how China has been entering Africa. While it is too early to give a final verdict, former foreign correspondent in Africa and China Howard French sees more positive than negative effects, he tells in AllAfrica.