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Think of China as the primary engine of world growth and Europe as a brake.
The other engine of world trade has been global supply chains.
The American economy—still the engine of world growth and much the biggest export market for many APEC economies is still sluggish.
He nationalized the debt, binding the states together and creating the fluid capital markets that are today the engine of world capitalism.
Russia and Brazil have both fallen into recession, while China, the principal engine of world growth, has seen a sharp contraction in overall economic activity.
And when the United States is in recession, Germany's weakness makes it impossible for Europe to step in as the engine of world recovery.
Similar(49)
Our robust trade is one of the engines of world's economy.
And it is the era of trade, not aid, when the engines of world capitalism are expected to drive progress.
He has seized the levers that are available to him, and to everyone's surprise (surely including his) those old levers are still geared to the engines of world improvement.
Other attractions Infantino has offered include giving each country's association, however tiny or huge, an equal vote; expanding the World Cup from 32 to 40 countries; and engaging more with clubs, the wealthy engines of world football who have long objected to their exclusion from Fifa.
Rather than the United States, it is the emerging markets that have become the engines of world economic growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com