Category Archives: Yuan

Asian Century: India and China need to overcome Poverty; By Shastri Ramachandaran

CAS article no. 0037/2016 Courtesy: DNA India One term which gained currency in the millennium’s first decade was “Asian Century”. The term represented a promise, a prospect and a goal; and, invariably, was used with optimism. For a while, it was as evocative as the term “21st century” was in the 1980s, replete with visions of new vistas of life, living and development far removed from the poverty, deprivation and… Read Article →

China’s Stock Market Conundrum and Implications for World; By K. Subramanian

CAS article no. 0034/2016 The following is text of a presentation made by the author at Observer Research Foundation, Chennai on February 13 2016. Established in 1991, China’s stock market is the youngest in the world. The London Exchange dates back to the sixteenth century and the New York Exchange to the late eighteenth.Our own BSE dates back to 1875. Though the youngest, since its opening in Shanghai and Shenzhen,… Read Article →

A Fallen Angel; By K. Subramanian

CAS article no. 0033/2016 Courtesy: Chennai Centre for China Studies This is the story of the fall of Mr. Xiao Gang, Chairman, China Securities Regulatory Commission (SCRC). Official Xinhua News Agency announced on Saturday (20thFebruary) that he has been forced out of the office as China’s chief regulator. It was reported to be a criticism of his role in amplifying the country’s stock market turbulence. In authoritarian regimes such as… Read Article →