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China Minting Millionaires in Global Wealth Surge – Businessweek
Where do the world’s rich live? As has long been true, the U.S. has more millionaires (in U.S. dollars) than any other country, with 7.1 million. But China last year came in second with 2.4 million...
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Does China Care About its International Image? | The Diplomat
China’s global image faces challenges — but if asked to choose between its national interests and preserving its national image, China would choose the former A recent poll conducted by the BBC World...
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Japan denies brush with Chinese planes, demands China withdraws footage |...
I sincerely hope China and Japan are NOT sleep walking into a major war. “Japan on Friday denied Beijing’s claims that its Self-Defence Force planes came “dangerously close” to Chinese aircraft in an...
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Can Asia’s Biggest Low-Fare Airline, AirAsia, Make Money in India? –...
After successfully building the largest low-cost airline in Southeast Asia, AirAsia’s (AIRA:MK) chief executive, Tony Fernandes, is taking on one of his biggest challenges yet: Making money in a...
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Keys to Successful Reform in India – India Real Time – WSJ
India’s new Prime Minister, Narendra Modi, won a decisive mandate from an electorate yearning for effective leadership. His government’s first budget due out next week will be an important indicator of...
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India to Spend $2.2 Billion on Water Supplies, Ganges – Businessweek
Prime Minister Narendra Modi’s new government today pledged 131 billion rupees ($2.2 billion) in spending on water projects to improve supplies and the condition of the Ganges, India’s largest river....
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Four of every 10 Asians living with HIV are Indian – U.N. report – India Insight
India has the third-highest number of people living with HIV in the world, with 2.1 million Indians accounting for four of every 10 people infected in Asia, the United Nations said in a report on...
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Samsung Loses Top Spot to Micromax in India – India Real Time – WSJ
Samsung Electronics Co.005930.SE -0.08% was dethroned as the top cellphone seller in India last quarter as local rival, Micromax Informatics Ltd., undercut and outsold the Korean company for the first...
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India central bank cautiously optimistic on growth – Businessweek
RBI head office, Delhi (Photo credit: Wikipedia) India’s central bank said Tuesday it sees signs of recovery in Asia’s third-largest economy even though the monsoon season, which is crucial for...
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Japan and India vow to boost strategic ties during summit | Reuters
Japan and India agreed on Monday to strengthen strategic ties as Asia’s second and third biggest economies keep a wary eye on a rising China, and said they would accelerate talks on the possible sale...
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India Outpacing China’s Oil Demand – India Real Time – WSJ
India’s oil demand has grown faster than China’s so far this year, highlighting slowing energy demand in the world’s most populous country and fueling expectations that India may pick up the slack over...
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Chinese Well-Being Is Low, Global Survey Shows – Businessweek
Despite years of rapid economic growth and rising incomes, Chinese aren’t feeling so great about themselves. And Chinese from the countryside are feeling even worse. That’s revealed by a new survey...
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Costco Gets Into China via Alibaba’s Tmall Website – Businessweek
Attention, China: Costco is coming. To Tmall, at least. The U.S. retailer has teamed up with Chinese e-commerce giant Alibaba (BABA) to sell products on the Tmall website. Food and health products will...
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China to establish $40 billion Silk Road infrastructure fund | Reuters
China will contribute $40 billion to set up a Silk Road infrastructure fund to boost connectivity across Asia, President Xi Jinping announced on Saturday, the latest Chinese project to spread the...
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World’s longest train journey reaches its final destination in Madrid –...
The train, named “Yixinou” arrives in Madrid Abronigal railway station in Madrid, Spain, on Dec. 9, 2014. Madrid was the final destination on Tuesday for a train which has set the record for the...
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India’s industrial output likely recovers as Modi pushes reforms | Reuters
Indian industrial output probably made a tepid recovery late last year due to weak demand at home and abroad, underscoring the challenges faced in 2015 by Prime Minister Narendra Modi as woos global...
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China’s “new normal” of investment brings new opportunity for win-win –...
For the first time in its history, China has become a net capital exporter with outbound direct investment outnumbering foreign direct investment in 2014, presenting new opportunities for win-win...
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Record Coal India share sale boosts privatisation drive | Reuters
India has raised about $3.6 billion by selling a 10 percent stake in state-run Coal India Ltd in the largest ever equity deal in the local market, giving a welcome boost to the government‘s faltering...
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Falling oil prices pull India’s budget out of the fire | Reuters
Falling oil prices have been a major windfall for India: Just weeks ago it faced failing to meet fiscal deficit targets, but can now expect a budget that not only hits its targets, but also provides...
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