Should I Invest In China

With 189 member countries, staff from more than 170 should I Invest In China, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.

Over the past 15 years, Haiti has experienced a rapid urbanization and the number of urban dwellers has doubled from 3 million to 6 million people. Haiti is now the third most urbanized country in Latin America and the Caribbean, after Trinidad and Tobago, and Mexico. Each year more than 133,000 Haitians move to cities. What does this mean for the future of urban dwellers? And how best can cities respond to growing demands for services, jobs, and accessibility? These are some of the questions the Haitian government and the representatives of many other countries and cities will be asking during the World Urban Forum in Kuala Lumpur next month.

Many residents of Port-au-Prince struggle to find a place to live with affordable rent and running water, and many spend hours in traffic as they commute to their work place every day. WBCaribbean, our audience identified resilient infrastructure and access to services as the two most pressing priorities in building resilient cities in Haiti. Despite the challenges of rapid urbanization, extreme poverty levels have declined in Haiti and coverage of some services in cities has improved. Major cities are now all connected to the main road network, and access to micro credits has improved. The report aims at promoting a debate on the future of Haitian cities and identifies priority areas for action that can generate better services and opportunities for Haitians. Sixty-four percent of Haitians live in cities and the number of urban dwellers could surge from 6 million to 11 million people by 2050: Such rapid urbanization comes with growing demands for infrastructure, services and jobs, but most importantly it also brings economic opportunities.

Should I Invest In China

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Access to basic services has improved, particularly in urban areas, but more needs to be done to respond to fast growing needs: While residents in the capital of Port-au-Prince or the second largest city of Cap Haitian have better access to schools, health services and electricity, two thirds of urban residents lack improved sanitation and the collection rate of solid waste is very low. Tap Taps are the most widely used form of public transport, yet some of the most vulnerable can spend up to 73 percent of their total income in Tap Tap fares just by riding in these collective vans twice a day during the week. Costly natural disasters have undermined the benefits of the urbanization process: More than 96 percent of Haitians are at risk of two or more natural hazards. High concentrations of construction are found in seismic areas, and half are built in flood prone areas. Haiti developed disaster risk management information and planning tools, such as multi-hazard risk assessments, the mapping of seismic zones and exposed assets. A stronger system of municipal finance is needed to close the infrastructure and service gap and accommodate the growing urban population: Only 0.

As cities expand in size and population, the challenge is to finance sustainable and inclusive urban development growth. The World Bank Group, All Rights Reserved. Five Indian Weapons of War China Should Fear India’s rising military might could cause China severe angst if the unthinkable ever occurred. India and China have been neighbors for thousands of years, and have traditionally enjoyed good relations. Only recently in their mutual history have the two sides come to blows. China’s recent push to acquire what it considers historically Chinese territory has not been lost on India, and New Delhi has been stepping up modernization of its armed forces.

Fortunately, the terrain on their mutual border makes a land war between the two a difficult—but not impossible—proposition. Although China soundly beat India in the 1962 war, the armies of both sides are now more evenly matched and the result could easily be a stalemate. If India and China were to come to blows, the real war would be fought at sea. China imports large amounts of foreign oil, and two thirds of that must pass through the Indian Ocean.

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India sits astride the sea lanes providing China with energy. In the event of increased tensions the Indian Navy could impose essentially a blockade on China of vital shipping from the Persian Gulf and Africa. Asia, into the Indian Ocean to confront Indian naval forces. The fate of the Chinese economy would be in the balance and could escalate to include many different domains of warfare. With that in mind, here our five weapons of such a potential conflict that China would fear most.

India has operated aircraft carriers for more than fifty years, starting in 1961 with the carrier INS Vikrant. Commissioned in 2013, INS VIkramaditya is the latest and most powerful in a long line of Indian carriers. The carrier was originally built for the Soviet Navy as the Baku. The original ship was an anti-submarine warfare carrier with the armament of a cruiser, including two 100mm deck guns, a staggering 192 SA-N-9 surface to air missiles and 12 giant SS-N-12 Sandbox anti-ship missiles.

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Mothballed by the Russian Navy in 1996, Baku was purchased by India in 2004. The updated design deleted all cruiser armament, replacing it with a full-length angled flight deck and a ski jump to assist aircraft takeoffs. Vikramaditya’s air wing is expected to consist of 30 MiG-29K or Tejas fighters and 12 helicopters. Vikramaditya’s refurbishment has been beset with problems. The ship was to be completed in 2008, but the shipyard encountered difficulties and delivery was pushed back five years.

Vikramaditya currently is without active air defenses , relying on passive defenses such as chaff and flares. China fears Vikramaditya because the carrier could lead a blockade of Chinese shipping, its aircraft increasing the Indian fleet’s radius of action. Vikramaditya could also contribute offensive air power against any Chinese fleet sortied to break the blockade. India’s first fifth generation fighter, FGFA is a collaboration between Hindustan Aeronautics Limited and the Russian Sukhoi corporation. A derivative of the Russian PAK-FA fighter program, FGFA will mark a quantum leap in Indian Air Force capabilities and will theoretically give India an aircraft in the same class as the American F-22 and Chinese J-20. FGFA is a large multirole aircraft capable of both air to air and air to ground combat.

The fighter will have all the features typical of fifth generation fighters, including a high level of maneuverability, stealth, the ability to supercruise above Mach 1, advanced fire control and an active electronically scanned array radar system. FGFA will have large internal storage bays capable of carrying guided weapons, including up to six radar-guided missiles. Air to air missile armament will likely be the locally produced Astra, a radar-guided missile under development with a range of up to 100 kilometers. 25 billion dollars in the joint development project, and in return will receive up to 250 fighters.

Deliveries are set to begin in 2022. China fears the FGFA because it would directly compete with the Chinese J-20 fighter. Despite the reported problems, the FGFA’s pedigree includes the legendary Sukhoi aircraft design bureau, with more than 70 years experience in fighter design. The J-20, by contrast, is apparently a wholly indigenous design with little or no foreign expertise. If FGFA turns out to be successful, it will allow India to match advances in Chinese airpower for the foreseeable future. Brahmos is one of the most advanced missiles in the world, capable of hitting targets on land and at sea with precision. The name itself is a mashup of two Indian and Russian rivers, the Brahmaputra and the Moskva.

First flight was in 2001, and three versions—ship, submarine and land—are now operational. Brahmos is a two stage missile, the first being a booster rocket and the second a ramjet that propels Brahmos to speeds of up to Mach 3. In anti-ship mode the missile homes in just 3-4 meters above the wavetops, giving defenders minimal reaction time. The missile packs a 440 to 660 pound penetrating high explosive warhead. Depending on the variant, the missile has a range of 186 to 310 miles. The multiplicity of launch platforms means that the Brahmos threat could come from any direction and must be countered with multiple defenses: for example, in order to counter sub-launched Brahmos an enemy would have to invest in both anti-submarine warfare and defense against high-speed missiles. Factor in delivery systems such as the FGFA fighter in the air, ships at sea and trucks on land and Brahmos could come from anywhere.

Brahmos represents a substantial missile threat to the People’s Liberation Army and People’s Liberation Army Navy. The missile’s high speed means that China’s unproven air defenses—both on the ground and at sea—will have mere seconds to respond to a Brahmos attack. The Kolkata class is India’s latest guided missile destroyer design. Fast and stealthy, with an advanced sensor suite and an array of potent air, land and sea weapons, the Kolkata class would be a formidable ship in any navy.