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India is on the path to reclaim its title as the world’s fastest-growing major economy

Two years after losing the coveted title, India may soon reclaim its spot as the world’s fastest-growing major economy. The Indian economy will grow at 9.7% in 2021, which will be faster than all of the world’s major economies, according to London-based data and analytics firm GlobalData… To read more: https://qz.com/india/1959086/india-to-beat-china-become-fastest-growing-major-economy-in-2021/ SOURCE: QUARTZ INDIA (7)

China trade: exports surge to record levels, as coronavirus lockdowns return to the West

China’s exports surged at the fastest pace in almost three years in November, bringing the biggest monthly export haul in the country’s history, data released by its customs agency on Monday showed. Exports grew by 21.1 per cent last month from a year earlier, from 11.4 per cent in October and.. To read more: https://www.scmp.com/economy/china-economy/article/3112820/china-trade-exports-sent-rocketing-coronavirus-lockdowns SOURCE: SOUTH […]

China puts supply chain security at forefront to avoid being ‘strangled’ by sanctions, analysts say

On multiple occasions, President Xi Jinping has used the phrase qia bozi, which translates to being strangled by an adversary, in describing China’s risks in the realm of technological competition. That is because China’s inability to produce vital hi-tech components – from computer chips in mobile phones to aeroplane engines… To read more: https://www.scmp.com/economy/china-economy/article/3109082/china-sacrificing-economic-growth-self-sufficiency-strategy SOURCE: SOUTH CHINA […]

State of economy: Why it’s best to reserve conclusion

Most institutional and private forecasts expect the Indian economy to contract at a double-digit rate in the current fiscal year. This, despite the fact that the economy has been showing a sequential (month on month) improvement compared to the situation when it was locked down. However, some high frequency economic indicators suggest that not only […]

China’s economic recovery continues as manufacturing activity rises to highest level since January 2011

The Chinese manufacturing sector continued to show strong activity in October, indicating the nation’s robust rebound from the coronavirus pandemic continued in the first month of the fourth quarter. The Caixin/Markit manufacturing purchasing managers’ index (PMI), rose to 53.6 in October from 53.0 in September, above the Bloomberg survey expectation for… To read more: https://www.scmp.com/economy/china-economy/article/3108008/chinas-economic-recovery-continues-manufacturing-activity (7)

India’s strategy of dealing with COVID-19 paid off, economy set to bounce back: Ficci

Ficci President Sangita Reddy on Sunday said India’s strategy of dealing with the COVID-19 crisis has paid off and the country’s economy is set to bounce back and emerge stronger. She said it was time to take bold actions and push the growth agenda vigorously. Read more at:https://economictimes.indiatimes.com/news/economy/policy/indias-strategy-of-dealing-with-covid-19-paid-off-economy-set-to-bounce-back-ficci/articleshow/78982332.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst (2)

How India’s economy is recovering rapidly from the pandemic

The popular story of the shepherd boy who repeatedly cried “wolf” even though there was none has been heard over many generations now. The story seems to be repeating itself in today’s India but in a different form, with the Opposition constantly painting doomsday scenarios about the economy. However, the emerging economic data, in the […]

How China is preparing its economy for a future where the U.S. isn’t the center of global demand

China will likely become the world’s largest economy in a few years and it is preparing itself for major shifts in international trade.   In a world rocked by the coronavirus pandemic and tensions with the U.S., the Chinese government has come out with yet another batch of policy terms to bolster its own economy, this time under the […]

Foreign investors pour into India stocks despite sinking economy

India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stock betting on a recovery. International buyers plowed a net $6 billion into shares in to shares in Asia’s third-largest economy in August, the most since March… Read more at:http://timesofindia.indiatimes.com/articleshow/77950252.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst SOURCE: TIMES OF INDIA (5)

The economic reality that’ll hit India as soon as reopening relief fades

In case anyone needed the reminder, global economies are currently facing the most unprecedented shock in post-war history in the form of the Covid-19 pandemic. In India, ever since the sudden lockdown brought all economic activity to a screeching halt, all hopes of a turnaround have come to be pinned on an easing of restrictions. […]


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