
A veteran journalist's insider account of China's media and diplomacy offers investors a lens on trade, manufacturing, and supply-chain risk across Asia.
A new book on India-China relations, built from two decades of op-eds and dispatches, gives investors a fresh lens on a relationship that shapes trade, manufacturing, and supply-chain risk across Asia. The book, Chindia: Journey to an Asian Century, is written by S. Ramachandran, a veteran journalist who worked inside China's state-run media. The reviewer, a retired banker who served as CMD of Exim Bank and later as non-executive chairman of Indian Overseas Bank, spent years dealing with China and called the book a useful read for anyone tracking the region's economic trajectory.
Ramachandran's career gives him rare access. He worked at China Daily and Global Times, founded China India Dialogue in Beijing, and contributed to European outlets. His book traces the arc from Rajiv Gandhi's 1988 visit to the Galwan clashes of 2020, arguing that cooperation and confrontation have always coexisted. The reviewer said the book shows that neither country can realise its ambitions alone and that the world cannot afford an Asian Century excluding either.
The book is organised into four parts. The opening draws on Ramachandran's years inside Chinese media. He describes Xinhua, the national news agency, as not merely a press organisation but a sprawling institution shaping narratives and exercising influence over both media and government. CCTV, now CGTN, is similarly large though less dominant. He notes that English-language press readership in China is extremely limited, confined largely to expatriates and a small group of Chinese readers using it to practise English. That makes the English press subject to lighter scrutiny. The Global Times has thrived on flamboyance and deliberate nationalism, resembling China's Fox News in tone, the reviewer said.
In India, the Global Times attracts disproportionate notice, though its actual coverage of India is minimal. In 2009-10, the year Ramachandran worked there, it carried only one op-ed on India apart from his own reports. He suggests the Chinese may be baiting headlines that Indian media then magnifies, so that outrage here amplifies the paper's reach. The reviewer noted that Ramachandran situates this within a broader critique of the Indian press, which often reacts emotionally to Chinese provocations, sustaining the cycle Beijing may be exploiting.
Beyond media, the book touches on China's domestic transformations: the one-child policy, anti-corruption campaigns, state efforts to revive bicycle culture, and the societal impact of the economic slowdown. These sketches capture how different groups in China absorb change, the reviewer said.
The reviewer concluded that the book shows India and China, though mistrustful, remain tied by geography and necessity. The book blends geopolitics with lived experience, making it useful for investors watching sectors that depend on cross-border stability, such as manufacturing, technology, and defense.
For investors, the key market readthrough is the persistent asymmetry in how each country perceives the other. India's media amplifies Chinese provocations, but China's public discourse barely registers India. That gap creates a recurring risk of sudden policy shifts or trade disruptions that markets may not price in fully. The book provides a ground-level view of Chinese media's role in shaping that asymmetry, the reviewer said.
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