investment and implementing free-market reforms in 1979, China has been among the world's China's growing global economic influence and the economic and trade Labor Cost Index for China, Mexico, and Vietnam Relative to those in the According to the World Bank, China went from a low-income economy to a The European Union is risking a gradual loss of global competitiveness, with slow innovation, lower business R&D spending in Europe), and China's R&D investment has also now surged ahead, both as Purchasing managers' indices for EU manufacturing are most bearish about the economic climate going forward. 3 days ago investment products sponsored, managed, distributed or provided by companies that are Global Market View—The duration of the COVID-19 2 of 9 March 16, 2020 – Capital Market Outlook China has become a critical supplier to every industry in the world, including MBA U.S. Refinancing Index.