Where to Invest $100,000 In Asia Right Now
May 06 2021, 2:27 PM
May 06 2021, 2:27 PM
May 06 2021, 2:27 PM
(Bloomberg) Itâs all relative.
(Bloomberg) Itâs all relative.
In the U.S. â a nation trying to recover from the economic devastation of the Covid-19 pandemic â a growth rate of 6.4% sounds pretty good. But thatâs until you see the International Monetary Fund forecasts for China and other Asian economies in 2021.
Chinaâs economy is expected to close the year with an 8.4% growth rate. And in India, the economy could expand by 12.5% this year, the IMF estimated in an April report, though that was before the recent surge in Covid-19 cases that has left the country battling the worldâs worst coronavirus crisis.