Asian economies’ rapid urbanization is notable. A shift is expected to unfold in the next few decades, which should boost development and business growth.
Inflation levels in China eased more in June. They grew at the slowest pace since January at 1.9% on an annual basis. They were expected to rise by 1.8%.
The Singapore dollar gained against the US dollar on October 14, 2015. The GDP (gross domestic product) grew ahead of the forecasts in the third quarter.
For fiscal year 2013, China overtook UAE as India’s biggest trading partner. It had $65.8 billion in trade. India had the largest trade deficit with China in 2013.