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2point6billion.com discusses business and investment news rising from the geopolitical relations of China and India, and the interactions these two countries have with the rest of emerging Asia.



Monthly Archives: August 2010

India and South Africa Exploring Trade Agreement

Aug. 31 – India and South Africa are looking into signing a comprehensive bilateral trade agreement as trade between the two nations continues to see strong growth.

“We are going to examine a Comprehensive Economic Partnership Agreement between India and South Africa, as the country is a strategic partner,” India’s Commerce and Industry Minister Anand Sharma said while at the “India Show” in Johannesburg. Continue reading

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Pakistan’s Border Rivalry with India

Aug. 31 – When Pakistan was born from the independence of India in 1947, it was said magical things happened on either side of midnight. Children born within five minutes of midnight possessed powers beyond that of humans, a tale expanded on in Salman Rushdie’s “Midnight’s Children” – the only book to win the “Booker of Bookers” Prize – in effect, providing it with the title of the best novel written, anywhere, for the past 40 years.

But while magic gave way to strife and distrust, three wars and the slide into chaos and anarchy of a once proud young country, a sense of surrealism still surrounds the relationship between Pakistan and India. Witness then, courtesy of the BBC and narrated by Michael Palin, the daily closing of the border ritual between the two sides. Continue reading

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Indian Wildlife Delegation in Beijing to Discuss Tiger Trade

Photo: APAug. 31 – Representatives from India’s Ministry of Environment and Forests, the Wildlife Crime Control Bureau, and the National Tiger Conservation Authority arrived in Beijing on Monday evening for a five-day visit aimed at curbing the illegal tiger trade that is prevalent in China.

The upcoming meetings will mark the first ever round of talks between India and China regarding wildlife conservation and management, according to the Hindu. During discussions, the Indian delegation is expected to urge their Chinese counterparts to continue to enforce their current ban on any domestic trade in tiger parts. It has been reported that Beijing was considering caving in to pressure from “tiger farm” owners who want the Chinese government to permit the trading of tiger parts. Continue reading

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Is this Kim Jong-un, North Korea’s Potential New Leader?

Aug. 30 – Is this the face of Kim Jong-un, the son of Kim Jong-il whose visits to China were apparently to gain acceptance for his son as the new leader of North Korea? The identity of the smiling man in the photo, courtesy of Getty Images, remains unverified, but strong suggestions are that this indeed is the man who is to be the successor of the world’s only Marxist dynasty, and the man with the key to potential Korean unification in his pocket.

Little is known about Kim Jong-un other than he was born in 1982, and is Kim Jong-il’s third and youngest son. Kim Jong-il’s first two sons have apparently fallen out of favor, with a variety of embarrassing faux pas being committed at various times, including being caught in Japan on false passports and being photographed with several Louis Vuitton bags while shopping. Kim Jong-un, known officially as “The Brilliant Comrade” in North Korea, was born to Kim and his wife, Ko Young-hee, who is said to have died of breast cancer in 2004. Continue reading

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China to Give Indian Companies Greater Access to Domestic Market

File PhotoAug. 30 – In an unscheduled meeting on the sidelines of the ASEAN Economic Ministers’ Meeting in Danang, Vietnam last week, China’s Commerce Minister Chen Deming “assured” India’s Commerce and Industry Minister Anand Sharma that China will open up more sectors to Indian companies in the future.

Specifically, Sharma said that Indian companies will be given greater access to government contracts and the IT and pharmaceutical sectors in China. Continue reading

Posted in Politics | 12 Comments

Putin Opens Sino-Russian Crude Oil Pipeline in Skovorodino

Photo: XinhuaAug. 30 – Russia officially opened its section of the 1,000 kilometer-long Eastern Siberia-Pacific Ocean (ESPO) pipeline on Sunday that will reportedly deliver 30 million tons of crude oil to China’s developing northeast region.

Russian Prime Minister Vladimir Putin attended the opening ceremony in the border city of Skovorodino in Russia’s Far Eastern Amur Oblast. From here, the pipeline extends about 64 kilometers to the Chinese border and, when completed, will continue on for another 930 kilometers to the Chinese city of Daqing – situated just to the northwest of Harbin, Heilongjiang Province. Continue reading

Posted in Foreign Trade | 1 Comment

China to Construct Research Base in Qingdao to Study Deep-sea Resources

Photo: China DailyAug. 27 – Engineers have started to design and plan a US$72.8 million research base on China’s eastern coast to accelerate the study and exploration of deep-sea resources, officials said on Thursday.

Set to be established in Qingdao, Shandong Province, the base will cover 64.25 acres of land and will extend a further 155 acres into the sea. The research base will also double as a support station for the Chinese deep-sea manned submersible vessel “Jiaolong.” Continue reading

Posted in Science & Technology | 2 Comments



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