As seen in the picture, China (32.7%), U.S. (13.8%) and India (13.5%) are respectively the superior stimulators of the world’s economy! Analysts believe that China’s share of global GDP growth will decrease to 28.3% on 2024. Also India will pass US next year. India share of global GDP growth will increase to 15.5% and U.S.…
India
Which countries have the greatest number of students studying abroad?
According to UNESCO, china and India with the highest population in the world and the highest rate of economic growth sent the most number of students to other countries for education on 2016. The countries with the greatest number of students studying abroad on 2016 are seen in the table.
US Companies leaving China, Entering India!
Last week Trump commanded US companies to leave China as tensions between China and US increased. Legally Trump cannot force companies to leave a country but it seems that many have started to leave China and start their business in India! Around 200 US companies decided to go to India. These firms totally can help…
India Asked Moscow to Convince OPEC Countries in order to Produce Enough oil at Firm Prices
India’s oil and steel minister, Dharmendra Pradhan, visited Moscow and discussed for strengthening oil and gas production and keep the prices firm as oil importing countries are suffering from unstable rates, especially after US sanctions against Iran which extremely influence on India’s economy. The cost of oil import in India was reported 111.0 billion dollars…
Global Steel Output in July
Globally, the speed of #steel_production cooled down in July. 156.89 million MT of #steel was produced in July (+1.9%) which in comparison with the first 7 month of 2019=1083 million MT (+4.5%) has reduced significantly. #Iran by producing 2.2 million MT steel (+11.1%) in July seen an improvement in its steel production in comparison with…
China’s boost of DAP export in the first half of 2019
In the first half of 2019, #China has exported 2,750,000 MT of #diammonium #phosphate (DAP), increasing 10.4% from the first half of 2018. The superior #DAP importers from China in June 2019 are #India, #Thailand, and #Pakistan. Source: OKCHEM