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Monday, July 12, 2010
CHINA: THE MIDDLE CLASS
As recently as two decades ago there was no distinct middle class in the People’s Republic of China. Today, any meaningful discussion of China’s economy, politics, or society must take into account the rapid emergence and explosive growth of the Chinese middle class.[1]
[1] July 14, 2010 5:00:00 PM PDT, China’s Emerging Middle Class: Beyond Economic Transformation, The Brookings Institution
CHINA & ITS NEIGHBORS: INDIA
A densely packed crowd in front of Jama Masjid in New Delhi Photo: ALAMY
Officials say the rise in population to more than 1.6 billion by 2050 will threaten the country's rapid economic development.
India will overtake China to become the world's most populous nation within the next 16 years, according to new government figures.[1]
- India's current population of 1.1 billion will swell by 371 million in 2026, the report said, taking it beyond China's current 1.35 billion.
- The report's publication provoked a clash between India's population experts and leading commentators over whether the rise will help or hinder the country's remarkable growth story.
- India's economy is currently growing at more than nine per cent – second only to China.
- A quarter of India's teenage girls were either pregnant or mothers by age eighteen.
[1] July 12, 2010 1:55:18 PM PDT, India to overtake China as world's biggest country by 2026, says report, The Telegraph
RUSSIAN FAR EAST: Siberia's Status in Russia on Par With Russia's in the World
12 July 2010
By Paul Goble
VIENNA — Siberia increasingly is to Russia what Russia is to the world, a supplier of raw materials that those who are consuming them take without much thought to what is happening at their source economically or ecologically, a pattern that Siberians find increasingly unacceptable, according to a leading economist in that region.
At an academic conference last week in Ulan-Ude, Viktor Suslov, the deputy director of the Institute of Economics at the Siberian Division of the Russian Academy of Sciences, called for new laws that would require Moscow to pay rent for its exploitation of Siberian resources...
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