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November 11, known in China as Singles’ Day, started out as a wry, tongue-in-cheek holiday. It has since become a major draw for online shopping, a profoundly Chinese celebration, and an expression of the country’s modern urban youth. But the rampant commercialization of Singles’ Day may one day come to be seen as a symbol of the era of China’s bubble economy.
In 2000, just 20 million Indians had access to the internet. By 2020, the country’s online community is projected to exceed 700 million and more than a billion Indians are expected to be online by 2025.
As India gears up for next year’s general election, there is genuine uncertainty about the eventual outcome of the country’s gargantuan polls. Yet there is widespread consensus on one thing: the 2019 election will be one of the world’s most expensive on record.
Two nuclear-armed rivals in South Asia—India and Pakistan—have not fought openly since the 1999 Kargil conflict, but the lack of active war has not meant the absence of violence.
China is increasingly central in world politics. Western nations should remain open to its initiatives and engage it in dialogue through multilateral institutions.
Russia’s crony-capitalist economic model requires an ever-increasing volume of funds to be burned on lavish mega-projects that generate huge profits for a dozen families close to the Kremlin. Now it seems to be pensioners’ turn to make the sacrifices needed to finance the appetites of Russia’s new aristocracy.
Washington thinks punitive measures will change Moscow’s calculus, but the Russian economy is doing just fine.
On September 19-20, 2018, the Carnegie Moscow Center held its third annual Russian Economic Challenge conference, organized by the Carnegie Moscow Center in partnership with the Moscow School of Management SKOLKOVO.
As the government of Prime Minister Narendra Modi approaches the end of its term, India is preparing for nationwide general elections in the spring of 2019.
China’s strategic interests in Nigeria are deeply intertwined with the country’s complicated conflict landscape, and Chinese commercial activities have both constructive and potentially destabilizing effects on Nigeria’s peace and security.
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