Posts Tagged Chinese

China: Braving the Storm

23 August 2010

My piece which appeared in Southasia

The Chinese economy, it appears, has recovered from the recession in record time. According to the National Bureau of Statistics in Beijing, annual growth was unexpectedly strong at 11.9 percent in the first quarter of 2010. By achieving such high growth rates in times of global recession, many expect China to overtake Japan this year to become the second largest economy of the world. Strengthened by these economic gains, China has used its political leverage to facilitate regional integration, by engaging in a number of bilateral swap arrangements with countries around the world.

Given that China only has 10% arable land, it becomes imperative for the country purchase commodities from other nations to satisfy the country’s growing consumption demands, and to invest in countries producing such commodities. Such a process will reinforce new corridors of increasing trade and investment flows between China and Africa, Latin America and the Middle East. Similarly, its gigantic market and related demand have led China to invest in natural resource supplies of different countries, especially those in Africa and the Middle East.

Read the full article here

Marvels of Malaysia

3 February 2006

Muslim societies can learn from the plurality of race and religions in Malaysia says Raza Rumi

A few days spent in Malaysia are enough to dispel many myths about Muslim intolerance that are projected and reinforced by Western media and pop culture. An economic miracle of the 1980s, branded as the Asian tiger and vision personified by the iron-man Mahathir, Malaysia is a heart-warming testament to plurality and co-existence within the Islamic framework. Malaysia’s 25 million strong population – modest by Pakistani standards – is a baffling mix of Malay, Chinese, Indian, Ibans and Kadazandusuns, among others.While the Malays constitute a marginal majority (over 50 per cent) of the total population and practice Islam quite seriously, the other groups enjoy full freedom to believe and live according to their own faiths.
Kuala Lumpur’s landscape is dotted with mosques, temples and churches and there seems to be little tension. Admittedly, economic progress over the last two decades underwrites much of this success; yet this cannot be attributed to economic reasons alone. Leadership has played a vital role in instilling the sense of national pride and vision among all the races and religions in Malaysia. The country gained independence a decade after Pakistan and was poorer than most developing countries, yet Mahathir’s twenty-year rule transformed the former British colony and increased levels of prosperity beyond belief. Its economic development aside, Malaysia’s recent cultural development carries important lessons for Muslim states and societies.
Surprisingly, little is said in the Muslim world about the Malaysian practice of Islam. Calls for levying jizya in Pakistan on non-Muslims are all too common. One only has to see how many Christian and other minority professionals have emigrated to the West to realise the loss of diversity and human capital that Pakistan has suffered. In Malaysia, the societal contributions of Christians, Buddhists and Hindus are accepted. (more…)