Japan’s proposal last week for submarines to be be built jointly in Australia was received positively. Pacific geopolitics and safeguarding domestic jobs are larger concerns than cost for Australia.
President Sirisena promises to rebalance foreign economic ties away from dependence on China to equal relations with China, India, Pakistan, and Japan.
Australia is greenlighting a massive new coal mine despite uncertain economic foundations and huge CO2 emissions.
Four graphs illustrate the relation between China and Latin America.
As the global competition increases, China will not only seek to import them but be a major market producer as well.
The Southeast Asian nation and the World Bank Group signed a series of agreements this week.
China’s new national photovoltaics capacity goal: 70,000 megawatts of installed panels by 2017, up from 18,300 megawatts at the end of 2013.
Narendra Modi might be able to tackle Asia’s third biggest economy’s problems, though policy reforms must arrive as soon as possible.
With 18,300 megawatts, China now trails only Germany (at 36,000 megawatts) in overall capacity.
A lowering growth rate in the first quarter creates a toxic mix with the government’s other reality — that it is surrounded by a both a budget and current account deficit.
