China, India close gap with U.S. as world's top economy

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......»»

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.....»»

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......»»

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 .....»»

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......»»

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 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 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.....»»

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.....»»

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 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 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......»»

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 When it comes to manpower, no military in the world comes close to that of China. According to Global Firepower estimates, the .....»»

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......»»

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......»»

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 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 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.....»»

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......»»