The re-election problems of PM Modi [Link]
Suzuki commits to ‘Make in India’ with electric vehicles [Link]
Suzuki will test run its first electric cars in India in October! This news is from September. I do not know if it happened [Link]. If it did not, then we know how to read the previous link, though.
Japan is still struggling to come to terms with its relaxed foreign worker visa policies. The resolution passed but after a lot of doubts and scepticism were expressed [Link]
Philippines compromises (or, attempts to) with China on South China Sea [Link]
Two well-known Chinese economists-critics of China’s economic growth model actually blame China for the trade dispute with the United States. [Link]
A story in FT on how Mauritius still makes its revenues through assisting tax evasion although the African state confirms that it is compliant with all tax-evasion international laws and treaties. Indeed! India has scrapped its double-taxation treaty with Mauritius. Full capital gains tax will apply on capital gains earned by Mauritius-registered entities from 1st April 2019. Let us see.
China allows share buybacks to boost stock market – when in doubt, ape the West and yet claim superiority to Western model of economics and finance!
American college undergraduate students are now ambivalent on capitalism. Wall Street Journal is alarmed! While most of the points made by James Freeman are valid, he would have been more correct had he also exhorted capitalists to introspect on why things have come to such a pass.