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Presents charts that provide information about the economic conditions of 43 countries around the world with a special focus on China as well as trade and investment flows and stock markets as of July 26, 1993. Statistical representation of real gross domestic product growth in Asia, Japan, the U.S., France, Spain, Italy and Great Britain; Statistics about the foreign direct investment inflows in various countries; Graphs comparing inflation, unemployment and budgets of Japan and the U.S. INSETS: Trading partners.;Investment.;Stock markets.;China's expansion.

The article reports on economic frugality being exercised throughout the world, with examples from the United States, Great Britain, and China. Faced with worries about jobs, losses in net household worth, and a lack of easy credit, consumers have shifted from freewheeling spending to thrift. Retail sales have fallen and stores are closing as consumers save more and spend less. Observations are offered by economist David Rosenberg and investment analyst Bob McKee.

The article discusses the trend of Chinese students scrutinizing all measures related with the university performance and increasing open attitude when applying to a university in Great Britain. It states that Chinese students are starting courses at British universities. It mentions that the number of Chinese students going to Great Britain is maintained.

The article looks at the steel industry in Great Britain, with a particular focus on the local effects of a global oversupply of steel stemming from China and Russia. The author argues against the efficacy of imposing retaliatory tariffs on China or initiating a government bailout of the British steel industry.

The article discusses the state of the British economy as affected by uncertainties in the forthcoming general election and slowdown in global growth particularly in China. It is noted that while the country's economic performance has surpassed others in Europe, the YouGov/Cebr Consumer Confidence Index still shows pessimism on household finances. The ICAEW Grant Thornton Business Confidence Monitor is likewise said to highlight doubts in the oil and gas and property sectors.

The article focuses in economic market conditions in China and Great Britain. The popular surges in the Chinese stock markets are described along with federal warnings of eventual slumps. A related overview of the Chinese financial system is also provided. Challenges in Great Britain regarding rising inflation rates are also mentioned.

In the article, the author discusses the latest economic developments around the world, particularly in Great Britain, as of March 2011. He claims that in 2008, the developed West was challenged by the collapse of its banking industry, while the emerging countries in the East registered continuous growth. In terms of population growth, he cites the McKinsey forecast that by 2030, the number of cities in China to have more than one million population will reach 221 from the current number of 43.