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Giving in to intense pressures from several fronts, China has lifted price caps on energy — but it still must tap-dance in order to avoid public unrest. Marla Dial explores the political strategy behind the announcement.
"The Indian government cannot just let this pass. … The two answers they can give are: 'We screwed up' or 'The Pakistanis did it,'" said George Friedman, CEO of Stratfor, an Austin-based private intelligence company.
USA Today"Previously, their aim was 'to incite communal strife between Hindus and Muslims,' said Reva Bhalla, director of geopolitical analysis at Stratfor, a private intelligence company in Austin, Texas. The latest attacks were aimed at 'spreading fear to Western tourists and businesspeople, hitting at India’s economic lifelines.'"
Bloomberg
