There have been diplomatic skirmishes with China trying to block a ADB loan to the state and giving different visas to persons in that region.India has so far remained muted despite some border incursions by Chinese troops as well.India and Chinese political and trade relations have improved quite a lot in the recent years,however the trust quotient remains low between the world’s two most populous countries.China has used Pakistan as a proxy against India and has also been blamed over cyberattacks on Indian defense networks.India has responded by banning Chinese telecom equipment firms over security concerns.The rise of these 2 great powers and the dynamics between them will be the most important event shaping the 21st century.
This almost 30% decline in US yield is due to a combination of factors like expectations of more monetary easing by Fed,deflation worries and disappointing US economic data.In lockstep with the the US Treasury yields,the German bunds have also been rising.The rise in German Bunds is despite very strong German economic data.The German economy expanded at the fastest pace in 23 years on Rising Exports.So the fall in Bund yield is confusing when seen in terms of the US Treasury and Economy relationship
A Number of new Solar Companies have followed Motech into this industry and are currently challenging it for Pole Position.Gintech,Neo Solar,DelSolar are some of biggest Solar Cell Producers in the world now gaining from the worldwide boom in solar demand in 2010.These companies have reported sold out capacities in 2010 and strong profits benefiting from the generous European subsidies for Green Energy.However these companies are vulnerable to demand fluctuations as they lack the vertical integration capabilities of mainland Chinese companies like Trina and Yingle
China has come under a lot of criticism recently from conglomerates like GE and Siemens over discrimination being practised against non-Chinese companies.Massive implicit and explicit subsidies are bolstering Chinese companies against the Western ones as the government pushes the creation of National Champions in Green Technology.Through clever use of regulations and subsidies,Chinese companies are even challenging Western and Japanese companies in their own turf.
Germany which was a Reluctant Rescuer of Spain and Greece during the Greek Contagion has emerged as the surprise beneficiary of the crisis.The country’s economists and bankers were dead against the $1 trillion dollar bailout plan of the PIGS during the Sovereign Debt Crisis.However the Bailout went through and the Club Med countries are limping […]
rance has very low percentage of its energy mix being generated by non-nuclear Green Energy forms as most of its power is derived from Nuclear Energy.The low cost of abudant nuclear power has made France relatively immune from the Energy Insecurity faced by the rest of Europe.While Germany and Spain have installed large amounts of solar and wind energy,France remains a laggard in this respect.Unlike the other EU heavyweights,it has few companies in the field of Green Energy due to lack of a vigourous domestic market.