While the average income in China and India remains low, their impressive economic growth and enormous populations have made them two world powers of extraordinary importance, whose economies are surpassed only by that of the United States. Therefore, even if a large slice of their population remains in poverty, the economies of China and India are completely integrated into the world markets and financial exchanges, making the development of these two key countries important to maintaining a peaceful international scene during the 21st Century. Following the financial crisis of and the difficulty faced by the main world powers in maintaining sustainable economic growth, China and India are among the few economies to record a positive rate of growth. Many hope that a closer collaboration among these two colossi may lead the rest of the world to break the negative trend of the worldwide economy.
A preliminary assessment of the impact of COVID on environment - A case study of China
As an extreme event, the outbreak of COVID has greatly damaged the global economic growth and caused a certain impact on the environment. The analysis results indicate that the outbreak of COVID improves China's air quality in the short term and significantly contributes to global carbon emission reduction. However, in the long run, there is no evidence that this improvement will continue. When China completely lifts the lockdown and resumes large-scale industrial production, its energy use and greenhouse gas GHG emissions are likely to exceed the level before the event. The decline initially occurred near Wuhan and eventually spread to the whole country. The above phenomenon shows that the decreasing economic activities and traffic restrictions directly lead to the changes of China's energy consumption and further prevent the environment from pollution. The results in this study support the fact that strict quarantine measures can not only protect the public from COVID, but also exert a positive impact on the environment.
Economics - China Case Study
A clear understanding of the decoupling relationship between water footprint and economic growth is conducive to facilitating and realizing the coordinated development of water resources and economic growth in this region. This study calculated the water footprint and other related indicators of BTHR from to , and objectively evaluated the utilization of water resources in the region. Then, logarithmic mean divisia index LMDI method was applied to study the driving factors that resulted in the change of water footprint and their respective effects. Finally, Tapio decoupling model was used to research the decoupling relationships between water footprint and economic growth, and between the driving factors of water footprint and economic growth.
Introduction China is one of the biggest international trading associates of the United States of America. In contrary to this, the economic superiority of United State of America is viewed to be diminishing. China and United States of America, being the largest economies in the world, have some similarities and differences, especially due to differences in economic and political systems Kemp Statement of the Problem American and China economies are the most dominant and the main drivers of globalization in the world today.