The net impact of China's deflation on India will depend on a number of factors, including the severity of the slowdown, the extent to which it affects global trade, and the Indian government's response.
Notably, this is too low when compared to the US which had announced spending more than $800 million-- nearly four times what China announced on Sunday.
Over one million fewer babies were born than the previous year, amid a slowing economy and widespread lockdowns, according to official figures.
IMF Chief underscored that the relentless war and the emergence of the new COVID wave in China are affecting the economy.
China is on a bumpy road back to normal life as people return to schools, shopping malls and restaurants following the abrupt end of some of the world's most severe restrictions even as hospitals are swamped with feverish, wheezing COVID-19 patients.
India GDP: India remained the fastest-growing major economy as China registered an economic growth of 3.9 per cent in July-September 2022.
The new infections, many in people who have already been vaccinated, have jolted global financial markets, which worry Beijing’s response might disrupt manufacturing and supply chains.
China has reported its exports and imports surged in May on growing demand as the pandemic was waning in the US and other key markets, though the pace of growth is leveling off.
China's economic growth surged to 18.3 percent over a year ago in the first quarter of 2021 after factory and consumer activity returned largely to normal following the coronavirus pandemic.
How will India hurt China's economy? People from all walks of life are coming forward to boycott Chinese products ever since 20 Indian soldiers were martyred in the June 15 clash at LAC in Galwan.
Foreign direct investment (FDI) into China fell 8.6 per cent year on year in the first two months of 2020 amid combined impacts of coronavirus and the extended Chinese New Year holidays, a commerce official said Friday, warning a grim scenario for the rest of the year.
China's National Bureau of Statistics said the economy saw a growth of 6.5 per cent in the third quarter on a yearly basis, below the expected rate of 6.6 per cent and slower than 6.7 per cent in the second quarter of this year.
"You see what's happening with China. We have no choice. This should have been done many years ago. China has been taking out USD 500 billion a year out of our country and rebuilding China," Trump said in his address to the National federation of Independent Businesses.
The massive reshuffle plan of various ministries is aimed at making the government better-structured, more efficient, and service-oriented.
With this, India has reclaimed the status of fastest-growing major economy in the world, surpassing China which grew by 6.8% in the October-December period.
The 6.9 per cent growth rate beats economists' forecasts for China, the world's second largest economy and the Chinese government's own official growth target of 6.5 percent.
In signs that setting up businesses is no cake walk for aspiring entrepreneurs in China, the world’s second largest economy, a recent report has claimed that about 110 Japanese firms went bankrupt in China last
Marking a significant development in the e-commerce market, Chinese giant Alibaba has on Monday said it has crossed a major milestone, hitting the 3 trillion RMB ($463 billion) in trade volume transacted over its China retail marketplaces in under a
New Delhi: Indian experts forecast a slowing down of the giant Chinese economy during 2016 as Beijing has girded up to implement its decision to scrap the almost four-decade-old one-child norm in the face of
Washington: India is set to decisively outpace China in economic growth this year, and emerge not just as the fastest-expanding economy but also as just a handful of countries to show some acceleration, as per
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