China, India close gap with U.S. as world's top economy
China, other Asian countries, are gaining on US as world's largest economy, a report says. The reshuffling Is partly behind US trade war wit.....»»
Take Five: Life in the time of corona
The world's biggest economy won't be open for business by Easter, as U.S. President Donald Trump had hoped, but the second biggest economy may come close. How China fares offers a guide to other countries when their coronavirus lockdowns lift......»»
The coronavirus outbreak is dangerously close to shrinking global growth this quarter, UBS warns
Reuters The coronavirus' effect on the world economy is driving growth near negative levels in the first quarter of 2020, UBS economists wrote Tuesday. The bank's estimate sees the hit to China's economy accou.....»»
Fears of pandemic send stocks lower, safe havens in demand
Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores to close, increasing pressure on the world's second-largest economy as fears of a pandemic grow......»»
Why in India, 6% Economic Growth Is Cause for Alarm
For almost half a decade Indian Prime Minister Narendra Modi headed the fastest-growing major economy in the world. Now, what looks set to be the slowest expansion in over a decade is putting India behind China, Indonesia and a few others in the .....»»
Bond Report: 10-year Treasury yield nears 21-month low after soft China data
Treasury prices rise Friday, pushing yields down close to multimonth lows, after Chinese industrial and investment data shows signs that the second largest economy in the world was under pressure......»»
India to grow at 7.4% in FY19 as economy recovers from note ban, GST: IMF
Asia continues to be main engine of the world's economy, accounting for more than 60% of global growth three-quarters of which comes from China and India alone.....»»
Countries must embrace migrant workers for a competitive world economy
Countries like Vietnam, India and China are actively recruiting people from their diasporas - those living outside the region where they or their ancestors were born - to help build their economies.....»»
Countries must embrace migrant workers for a competitive world economy
Countries like Vietnam, India and China are actively recruiting people from their diasporas - those living outside the region where they or their ancestors were born - to help build their economies.....»»
China"s digital currency will be distributed using a two-tiered system to help get it into consumers" hands
The People's Republic of China has become the first major economy to create a digital currency. Real-world trials are already underway. Chinese digital.....»»
: Big-polluter India reportedly mulls 2050 net-zero emissions target that would beat China by a decade
Officials close to India's Prime Minister Narendra Modi are huddling with senior bureaucrats and foreign advisers to draw up a possible 2050 deadline for transitioning to net zero emissions, a Bloomberg News report says......»»
China overtook US as top destination for foreign investment last year
China overtook the U.S. as the world’s top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of the global economy......»»
China overtook US as top destination for foreign investment last year: WSJ
China overtook the U.S. as the world’s top destination for new foreign direct investment last year, as the Covid-19 pandemic amplifies an eastward shift in the center of gravity of the global economy......»»
Why State Aid Stirs Controversy From China to the EU
In theory, the system of free trade driving the world economy is supposed to provide a “level playing field” for all. In practice, countries have long complained that rivals unfairly dish out aid in the form of state-backed subsidies to boost .....»»
Visualizing The World"s Most Powerful Militaries
Visualizing The World's Most Powerful Militaries When it comes to manpower, no military in the world comes close to that of China. According to Global Firepower estimates, the .....»»
: Chinese exports shot to a record high in 2020 as the world economy sank
Economists expect China’s exports growth to slow in the coming months if western economies manage to control the COVID-19 pandemic's second wave and resume normal activity......»»
China"s factory sector rose in December, sustained pre-Covid levels
Activity in China’s factory sector rose in December as the world’s second-largest economy sustained its recovery to pre-pandemic levels, a business survey showed on Monday, however, increasing cost pressures slowed the pace of expansion......»»
European Union says it"s reached investment deal with China
The European Union said it's concluded in principle a comprehensive agreement on investment with China that will help companies from the Continent do more business in the world's number-two economy. According to the European Uni.....»»
China Quietly Drops Vow "Not To Flood Economy With Liquidity" As It Injects An April Record ¥3.1 Trillion In Credit
China Quietly Drops Vow "Not To Flood Economy With Liquidity" As It Injects An April Record Â¥3.1 Trillion In Credit In response to a world that has unleashed a reco.....»»
Apple To Move A Fifth Of iPhone Production From China To India In Massive Supply-Chain Shift
Apple To Move A Fifth Of iPhone Production From China To India In Massive Supply-Chain Shift One reason why the global economy will never be the same after the coronavirus pandemic is long forgotten, is that supply-chains - which have bee.....»»
80 million Chinese may already be out of work
The pandemic all but shut down China for several weeks this year, wreaking havoc on the world's second largest economy and forcing millions of people out of work......»»