Microfinance schemes were meant to be the saviour of the world’s poor. But in parts of India, lenders are enticing borrowers into poverty traps.
China is thirsty for it and Russia has plenty. So why can’t the two countries finally close a natural gas deal?
Mongolians have long dismissed their country as a pony between two elephants. But a wealth of natural resources could change that.
China is assumed by many destined to overtake the US as the world's leading power. But history shows the dangers of extrapolating from today's growth numbers.
Fears the US economy is becoming the new Japan are misplaced, argues James Pach. US policymakers have far more options at their disposal than their Japanese counterparts.
The US Congress needs to pass the Korea free trade agreement just to give American firms a level playing field. If it can’t, US rivals will shape the region.
Chinese policymakers face a choice – continue with investment-led growth or focus on building a middle class. Either way, the government can’t defy gravity forever.