Here are the best of Business Standard's opinion pieces for Saturday.
There is a simple way to explain the shift of naval power in East Asia over the past two decades: The region was handed to Beijing on a platter. Back in the year 2000, China’s defence expenditure in relation to the US outlay was in the ratio of 1:11. By last year, according to the Stockholm International Peace Research Institute, that ratio had changed dramatically to 1:3. T N Ninan in his weekly column in this context notes, anyone within range of China’s expanding navy will have to build