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Can India increase the share of manufacturing in economy?
India has seen some benefit in chemicals, where it already had an ecosystem that no other country could boast of. In the period of globalisation, industries get entrenched in a particular location.
Wall Street struggles to keep up in China mutual fund boom
The average fund size of foreign-backed funds stood at 1.7 billion yuan, compared ...
Perpetual recession? Recovery in a year? Economists deeply divided on U.S. future
It has given policymakers little solid to plan around and l...
China's economy remains resilient despite external risks, says Xi Jinping
The world's second-largest economy has steadily recovered from a virus-induced slump, but analysts say policymakers face a tough job to maintain stable expansion over the next several years to turn China into a high-income nation.
Moody's raises growth forecast for China to 1.9%
“Our only upward revision for 2020 growth was for China, which we raised to 1.9% from 1.0% following a stronger-than-expected Q2 rebound in real GDP,” Moody’s said.
Asia defies Wall St weakness but economy, election worries cap gains
U.S. stock futures were soft, with S&P 500 futures down 0.2%, though Nasdaq 100 futures turned positive by the middle of the Asia session to trade 0.07% higher.
Congress’ Parliament session agenda: China, coronavirus, unemployment, economy
Congress is planning to seek detailed discussions on the ongoing tension with China, Covid-19 spread, economic crisis and increasing unemployment in the upcoming Parliament session.
View: Five winners of the post-pandemic global economy, and a dark horse
The pandemic is accelerating a broad turn inward that began after the global financial crisis of 2008. Globalisation had already given way to de-globalisation, with cross border flows of goods and money in decline before the pandemic hit.
Shares climb as China industrial data offers hope for coronavirus recovery
Deflation at China's factories eased in July, data showed, driven by a rise in global energy prices and as industrial activity climbed back towards pre-coronavirus levels.
China stocks end week higher; techs retreat ahead of reform measures
The blue-chip CSI300 index rose 0.9%, to 4,718.84, while the Shanghai Composite Index added 0.5% to 3,380.68.
FII net investment in Aug highest since March 2019
India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers plowed a net $6 billion into shares in Asia’s third-largest economy in August, the most since March last year.
China's tech-heavy ChiNext rallies for second day on historic market reform
Shares of a dozen companies surged for a second day after their debut on the ChiNext board on Monday, following a historic reform that allows Shenzhen to challenge Shanghai for tech listings.
China's exports surge at fastest pace in nearly one and half years as economies reopen; Imports down
Exports in August rose a solid 9.5% from a year earlier, customs data showed on Monday, marking the strongest gain since March 2019. The figure also beat analysts' expectations for 7.1% growth and compared with a 7.2% increase in July.
S&P warns of rising real rates risk to China's recovery
An unbalanced recovery, weak private demand and excessive market optimism have combined to drive real rates up, increasing debt-servicing burdens even as financial conditions tighten.
Foreign investors pour into India stocks despite sinking economy
Part of it is a bet that Indian equities will play catch-up after trailing the region’s benchmark so far in 2020: the S&P BSE Sensex has underperformed the MSCI Asia Pacific Index by about 6.5 percentage points.