Stories about China

‘Metronomics’ in Lahore: We may be heading for an ‘F’

What brings economic progress to a country? Social scientists have argued for good institutions, trade-suited geographical placement, favourable climatic conditions, cultural homogeneity among a country’s peoples, and – lo and behold – even their superior genetic makeup. Yet, no sociologist has suggested relegating the laws of economics to history’s waste bin. Endowments of nature (such as those listed above) are important indeed, but their apt utilisation (good economics) is much more important. Fiscally speaking, any new project a public official decides to pursue needs a thorough pre-evaluation by experts. Economists have tools to compare a given project’s usefulness to other potential ones. ...

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Why Obama’s America needs Modi’s India

India’s image has altered considerably over the past few years in the eyes of the Western world due to the increasing influence with regards to global economic growth, steady consolidation with the international market economy, orientation of nuclear weapons, delivery capability of national defence strategies and effective introduction of new technologies of communication. In order to pursue its interest of maintaining its status as a super power, America needs to sustain long lasting and strong relationships with India. By calling India a ‘very important strategic partner’, the US hopes the new Indian government will help in the sustenance of their ‘enduring partnership’. The support and cooperation of India’s new Prime ...

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Four misconceptions about Narendra Modi

India’s new prime minister is a man of contradictions. He covets foreign investment and embraces globalisation, but he also speaks limited English and harbours hard-line Hindu nationalist views. He is alternately described as a pro-business reformer and an anti-Muslim ideologue. Narendra Modi, who was sworn in on Monday, is a complex figure. Not surprisingly, he is also dogged by many misconceptions. Four in particular are getting a lot of mileage these days. Now is the right time to expose them. 1. Modi has been banned from the US since 2005 Observers routinely claim that Modi has not been allowed to visit America since 2005. Actually, this is not technically true. In ...

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Is the BJP good news for India?

Notorious for being involved in the 2002 anti-Muslim riots in the Indian state of Gujarat, Narendra Modi’s victory appears to be a foreshadowing of the dark days ahead for anyone in India that isn’t part of the country’s overwhelming Hindu majority. Modi’s party, the Bharatiya Janata Party (BJP), unlike the Nehru-dynasty run Indian National Congress (INC), is a devoutly Hindu party that wants Hinduism enshrined in India’s secular constitution. This is something that not only frightens India’s significant Muslim minority but also the liberals of Delhi and Mumbai. This hype surrounding BJP is completely justified; in the early 1990s, a campaign by the newly formed party pushed for the demolition of a 16th-century mosque built by ...

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Agriculture is our golden goose; don’t kill her, my dear Industrialists

The projection of economic growth as something evil, that benefits only the rich, is wrong. Even so, equally erroneous is taking the GDP number for a sacrosanct symbol of sure-fire prosperity for all. Praise is due to the government’s economic team for various improvements in the macro-economy: five per cent growth in first quarter (Q1), about 10 per cent appreciation in the rupee within three months, and excellent performance of the stock market – all reflect recovery. Yet, how these gains are shared with the neediest of the needy remains to be seen – and only this should be taken as being an encompassing yardstick of success. Historically, Pakistan’s ...

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9 things you should know about the missing Malaysian Flight MH370

The disappearance of Malaysia Airlines Flight 370 has proven to be an absolute mystery with more questions than answers. The Boeing 777 plane, which was carrying 227 passengers and 12 crew members, departed Kuala Lumpur International Airport at 00:41 local time on March 8. Its transponder’s signal was lost to air traffic control at 1:22 local time while still over the sea in the Gulf of Thailand; barely 40 minutes into its flight to Beijing, China. If there was one thing which was immediately clear, it was that Flight 370 had gone through a catastrophic event at 1:22 when its transponder stopped ...

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India does not want to invade Pakistan and the US is not our enemy!

India no longer considers Pakistan a threat. Let’s face it. India is poised to become a global economic engine; its economy is the 10th largest and third by Purchasing Power Parity. India is a member of the G4 and has recently acquired almost absolute control of the International Cricket Council (ICC). Having a G4 membership alone raises India’s global influence. Further, the day is near when India would be a permanent member in the UN Security Council. India played its cards well and is a potential super-power. It is time for Pakistan to come out of its shell of denial and recognise India’s swift ...

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Chinese new year, leftover women and the custom to rent-a-boyfriend

Along with the dumplings and yee sang (raw fish salad deemed to bring about good luck; usually eaten on the seventh day of the festivities) the very coveted Chinese new year brings with itself the dilemmas of ‘shengnu’ – otherwise known as the ‘leftover women’ in china. Particularly, at this time of the year, being single is abhorrent for the shengnu’s parents as well as their extended family members. As disparaging as the word ‘leftover women’ sounds (read: ‘leftover food’) the All China Women’s Federation website has taken lengths to define it. Officially, shengnu is a term used for educated, rich and professional females who are single at the age ...

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Is India’s BCCI planning a cricket coup with the ICC?

As old colleagues renew acquaintances at the current cricket board moot at the International Cricket Council (ICC) meeting in Dubai, they will share uneasy stares – the big elephant in the room is nothing short of a flashback to the colonial days, where might was right. The ‘Big Three’ – India, Australia and England – based on their financial muscle and certainly not on merit, will table a proposal to take over the reins of the cricket world. I should point out that the word ‘proposal’ is only a misnomer. This document, in substance, is an ultimatum and shall be treated as one. The gist of this document ...

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Have you forgotten all that Musharraf did for you, Pakistan?

It was just another day, on October 12, 1999, in New York City where I was an undergraduate student. Little did I realise then that it was the day that would go down as one of the most controversial days in Pakistan’s history. It was the day when the Pakistan International Airlines’ (PIA) flight PK 805, was denied landing rights in Pakistan on its return from Sri Lanka. A detour out of Pakistani territory would have meant an imminent crash of the commercial airliner, due to low fuel, with its 198 passengers on board. Amongst the passengers was none other than General ...

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