Overall, economic growth is slowing down in Asia. India remains one of the world's fastest growing economies, while China's economy is slowing down year for year.
The World Trade Organization has issued a marked upward revision of its trade growth forecast for this year. Its regained optimism is based on stronger economic indicators in China, the US and the eurozone.
Deadly accidents, dirty stations and coaches, decrepit equipment and unpunctual trains mark India's vast, outdated and inefficient rail infrastructure. Will Japanese bullet trains make a difference?
China is angry at Standard and Poor's (S&P) following a downgrade of its creditworthiness by the ratings agency over concerns about the country's rising debt. S&P underestimated China's financial strength, Beijing said.
The head of the International Monetary Fund has praised Asian nations for their efforts toward economic expansion and poverty reduction. But she warned that an increasingly aging population might become a huge obstacle.
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