Bloomberg China’s broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and spending during the peak summer holiday, prompting analysts to review their economic growth projections as risks escalate. Authorities rushed to close tourist sites, call off cultural events and cancel flights, as the outbreak linked to the highly-infectious delta variant spread to nearly ...

Bloomberg The technological level of China’s exports increased through the trade war with the US, according to a new ranking, which predicts the Chinese economy will grow faster than India’s over the next decade. China ranked 16th globally when judged by the complexity of its exports in 2019, moving up three places ahead of countries including Ireland since the onset ...

Bloomberg India’s main services index signalled a contraction for a third straight month, boosting the case for monetary policy makers to keep interest rates unchanged at a record low to aid the economy. The IHS Markit India Services Index rose to 45.4 in July from 41.2 in June, but still below the 50 reading that indicates a contraction. That performance ...