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Showing posts from August 1, 2019

EA dismisses reports claiming arrest of Indian ‘spy’ in Pakistan

According to Pakistani local media, Raju Lakshman "admitted" himself to be a spy after he was arrested on Wednesday from Rakhi Gaj area of Dera Ghazi Khan district, PTI reported. He was later taken to an undisclosed location for investigation. By Express Web Desk |New Delhi |Updated: August 1, 2019 7:27:48 pmMEA spokesperson Raveesh Kumar. (File)The Ministry of External Affairs (MEA) on Thursday said it did not receive any information from Islamabad on “unverified reports” claiming the arrest of an alleged Indian spy in Pakistan’s Punjab province.News agency PTI, citing Pakistani local media, reported that Raju Lakshman “admitted” he is a spy after his arrest on Wednesday from Rakhi Gaj area of Dera Ghazi Khan district. He was later taken to an undisclosed location for investigation, PTI said.AdvertisingAddressing the media during his weekly briefing, MEA spokesperson Raveesh Kumar said, “We do not react to unverified media reports. We have not heard from the Pakistani side …

How long will China's soaring growth last?

China's economic miracle is reaching its limits and is in danger of doing more harm than good, writes Geoffrey YuPlastic dolls at a toy factory in Xietang, Zhejiang Province, ChinaChina’s economic ascent over the past 40 years is considered one the defining achievements in human history. In less than two generations, an autarky closed to the outside world has managed to insert itself into every facet of modern life. From the simplest manufactured goods to sophisticated hardware, from asphalt roads to nuclear power stations, Chinese companies, predominantly state-owned, have disrupted the global production and investment chain.The history of economic development, from the invention of the wheel to the fourth industrial revolution, is a story of disruption pushing the boundaries of productivity growth and China’s economic rise since its opening up in 1978 is no different. Such change has been welcome over the past few decades. China created jobs and wealth, while the rest of the wor…