I will wait and see how Obama and his administration will manage to solve the challenges facing the country, without taking tough measures such as cutting the military budget and increasing taxes on the very rich.
The first decade of this century started with the so-called dot-com bubble. When it burst, central banks moved aggressively to ease monetary policy in order to prevent a prolonged period of Japanese-style slow growth.
The last two years have been a roller coaster ride in respect to securing a new global treaty to combat climate change.
Smacking dummy boss surrogates may seem to be a way to manage work frustration, but it won't really do anything to relieve stress and it may even stress us out more.
The festive season is upon us. First comes Christmas and then the New Year party time. In the reform era, China has shown considerable religious tolerance by embracing people and their cultural festivals from across the religions and nation states.
That the US is going to be replaced as the sole superpower has long been a foregone conclusion. Judging from the developments of the first decade of the 21st century, it appears that the day may come sooner than expected.
Is it the right time now to outsource UK universities to China? Probably not. But sooner or later, either the universities will be relocated to China or students will move to Asian ones. As the growing number of Western students on Chinese campuses indicates, the process of relocation is already under way.
It will only be a surprise to those who are ignorant about their government and politics and those who have been doing these things while accusing others for doing exactly what they are doing.
The infusion of liquidity in global markets by printing currencies and pumping it into financial markets has proved disastrous for many developing economies such as India and China.
In recent articles published in the opinion section of China Daily's website, we have seen much criticism about Indian democracy and its laggard functioning.
By allowing Hong Kong to be the freest economy in the world, the Chinese government has shown a pragmatism that is absent in neighboring India.
The bureaucrats in India are called "Babu" in Hindi which also means father in the same language. They enjoy a father-like status across the country since the colonial era.
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