India’s manufacturing activity remained strong a month after hitting a decade high and indirect tax collection increased ₹$ 1 trillion for the second month in a row in November, indicating that the recovery process in Asia’s third-largest economy may still be underway. The deepening contraction in growth in the core …
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From being the first country where the Covid-19 virus was detected, China is poised to become the only major economy in the world to grow in 2020. China’s gross domestic product (GDP) expanded 4.9% in the July-September quarter. , according to statistics published by the country’s National Statistics Office. Given …
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China’s production is expected to exceed 2019 levels this year The Covid-19 pandemic will produce lasting changes in global growth, pushing China even further to the forefront. The share of global growth coming from China is expected to rise from 26.8% in 2021 to 27.7% in 2025, according to Bloomberg …
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