India’s economic model has essentially failed. Talk of matching East Asia’s growth rates has been exposed as wishful thinking. Superpower dreams are giving way to the same old reality of poverty, depleted ground water and graft.
We can now see that growth averaging 8.2pc from 2004 to 2012 was an anomaly, kept alive by fiscal [...]
The Agni-V and Arihant are designed to give India first-strike capability against China. With a range of 5,000 kilometers, the Agni-V is designed to be able to strike Beijing and other major cities in northeastern China. To reach major coastal cities in eastern and southern China such as Shanghai and Guangzhou, the shorter-range K-15 Sagarika [...]
Making strong comments before Antony’s arrival, Major General Luo Yuan warned India that it should be careful with words and deeds. “India should be very cautious in what it does…in what it says,” Lou said, adding that India was the only country in the world that was enhancing its military prowess citing China as a [...]
A pattern can be deciphered: Gradually trespass into an area of interest over a period of time and set a routine that evades notice and serious attention thus avoiding any significant protest or challenge. Down play protests or apprehensions if any. Exploit unchallenged border encroachments as an opportunity to consolidate position and stake a claim [...]
China is subverting the status quo in the South and East China Seas, on its border with India, and even concerning international riparian flows – all without firing a single shot. Just as it grabbed land across the Himalayas in the 1950’s by launching furtive encroachments, China is waging stealth wars against its Asian neighbors [...]
The first and overriding point of view was that the era when the United States has been the ultimate superpower in the world was coming to an end. They all believed that a multipower world, with large roles for the U.S., Russia, China and India, was what would arise as the 21st century neared its [...]
Warning that both countries may see far more serious incidents than the stand-off at Depsang Valley pending a long-term solution, a Chinese government think tank today said that such problems in future would be more difficult to resolve due to the pressure mounted by opposition parties and media in India.
“Pending the suspense of a [...]
“It might have been caused by the new leadership’s assertive stance on issues of national interest. President Xi has publicly urged the army to spare no efforts to defend China’s territorial integrity and core interests,” he says. “Such high-profile political signals would only encourage the army, especially frontier forces, to toughen their own stance in [...]
Several dozen Chinese soldiers have set up a remote camp some 10 km (6 miles) inside territory claimed by India in the high altitude Himalayan desert of Ladakh, Indian police sources said, in a possible return to border tension between the Asian giants.
An Indian foreign ministry spokesman said the two countries were in touch [...]
The risk stems from something more fundamental: The globalization model of the past 30 years is cracking up. And there appears to be no new model to replace it.
Since April, an ugly economic world has turned uglier. The annual growth rate of total global exports has collapsed. Exports were a crucial engine in powering [...]