EconomyWatch.com

Malvinder Singh made fortune selling family-built generic-drug giant Now trying to expand another family company from hospital net ~ India into pan-Asian health care network incl Chinas 1.3bn, Indo's 230 mn + emerging class of Asian medical tourists

Hard to imagine good outcome to Chinas escalation of tensions w Japan Potentially explosive & destructive situation for all: C, J, E Asia, whole world Only + way out 4 J 2 seize chance 4 radical home / foreign change 2 help itself & rest of region

Finding workers w skills for even manual labor jobs a challenge ~ 22% of 25 mn avail 4 work force this year not qualified “We have problem hiring, even tho we have jobs” Tens of 1000s of jobs unclaimed because not enough qualified professionals

Rising frictions btwn China & neighbors make clear US role in E Asia far from over Asian countries suspicious of China see US as natural ally “US has been smart helping countries in region. China 'threat', thx to own actions, is being revived.”

Top state-owned oil & power producers, military & aviation, & 2 biggest car cos, China FAW Group & Dongfeng Auto, involved Powerful BYD, where Buffett investor, developing battery-powered vehicles Aim 2 jump 2 top of value-added chain: $15 bn effort

In 1st 7 months of 2010, investors withdrew staggering $33.12 billion from equities “At this stage in economic cycle, $10 to $20 bn wd normally be flowing INTO domestic stocks, rather than bns flowing OUT This is very unusual” Big winner: bonds

Tension from minor incident in key place: islands in E China Sea ~ 300 km from vital natural gas fields directly btwn C & J. 2 sides agreed 2008 jointly develop deposits Breakthru in relations now threatened by minor event. BOTH sides need 2 chill

W 1.2 bn ppl India very young: ~ ½ population < 25 Cd pass China, w vast young work force vs strain of supporting rapidly aging older populace But if total population 2 high, asset will become burden So leaders trying 2 control issue b4 it's 2 late

Recent years limits of physics, finance made experts fear slowdown in miniaturization, limiting ability to pack more power in smaller devices Scientists say can overcome key barrier to miniaturization of computer memory. If so, IT profits could soar

New type of ultranationalists: openly anti-foreign, seeking attention w unruly street demos Local news media dub them Net far right, loosely organized via Net Differ from existing ultranationalist groups, legit part of "conservative" establishment