Chinese build secret nuclear submarine base: China has secretly built a major underground nuclear submarine base that could threaten Asian countries and challenge American power in the region, it can be disclosed. [Telegraph]
China and India’s Economic Rise: It is well known that the world’s economic fault lines are rapidly shifting eastward. Strong economies are emerging throughout the world, yet it has been the Asian giants, China and India, that have occupied our attention by taking global markets by storm and creating an excitement about new economic possibilities. Not only has their rapid growth created possibilities for global markets, it has created possibilities for the tangible development of these regions, which to this point in modern history have been among the world’s poorest. [Diplomatic Courier]
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