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| Why have Indian military expenditures surged? | By Zhou Rong,Guangming Reporter in Islamabad
India unveiled the country's defense budget recently, raising its military spending to 1.93 trillion rupees (38.6 billion U.S. dollars) in the 2012-2013 period, an increase of 17.6% year on year. |
| Lessons from the yen’s internationalization | Yin Jianfeng, a researcher at the Institute of Finance and Banking under Chinese Academy of Social Sciences
During the historical process of the internationalization of the yen, the model of “trade settlement + offshore center” is unsuccessful. |
| ASEAN integration is on its way | Wu Jianyou (Guangming reporter in Bangkok)
The 20th ASEAN Summit was held in Phnom Penh, capital of Cambodia, from April 3 to April 4. Leaders of ASEAN held profound discussions on how to speed up the process of ASEAN integration and deepen cooperation. |
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