The inaugural meeting of the Asian Infrastructure Investment Bank’s Board of Directors was convened in Beijing on January 17, 2016. The Board of Directors is made up of 12 Directors, of which 9 Directors represent regional members and the others non-regional members. Mr. Jin Liqun, President of the AIIB, chaired the meeting.
President urges new agencies to improve PLA’s combat capability and readiness China has reshuffled its top armed forces agency, the Central Military Commission, as President Xi Jinping accelerates the massive, multilevel reform of the People’s Liberation Army. The previous four military headquarters – staff, politics, logistics and armaments – were dismantled and their functions and duties are now shared by 15 new agencies under the Central Military Commission. When meeting leaders of these new agencies on Monday morning, Xi, also chairman of the Central Military Commission, said the rearrangement of the commission itself has basically concluded, describing the move as “a breakthrough” and “a crucial step” toward a stronger military
Author: Pawan Kumar Sen, Leiden University Nepal was constituted as a secular state after the endorsement of the Interim Constitution in January 2007, which was formally ratified in May 2008. The declaration of secularism was taken as a major contribution to the modernisation of a ‘New Nepal’ by religious minorities...
Author: Hyung-a Kim, ANU In South Korea 410,000 young people in their 20s are looking for work and unemployed. This is up from 330,000 in 2013 and is a 15-year high. But this deepening societal crisis should come as little surprise. Following the Asian financial crisis of 1997–98, the IMF bailout...
Author: M. Govinda Rao, NIPFP Of the many slogans coined by Prime Minister Narendra Modi’s government, ‘Make in India’ is the most important. It promises to make India an important investment destination. But, like most other slogans, it is important be clear about what has to be achieved — and...
Author: Elizabeth Ingleson, United States Studies Centre Another year of presidential campaigns, another round of China bashing. In the wake of China’s stock market crash in August 2015, Republican presidential candidates have turned their attention towards China. Citing China’s ‘active manipulation’ of its economy as contributing to its own ‘Black...