Forbes India 15th Anniversary Special

US First Lady in China

Published: Apr 4, 2014 06:52:56 AM IST
Updated: Apr 3, 2014 10:17:14 PM IST
US First Lady in China
Image: Feng Li / Getty Images
US first lady Michelle Obama with her daughters Malia (right) and Sasha (centre), at the Museum of Terracotta Warriors during a visit to the historic excavation site at Xi’an in China. While Michelle dubbed the visit a goodwill tour, it turned out to be a more substantive one as she raised issues of minority rights and internet access

$22,980,000,000 is China’s trade deficit in February. The slowdown threat in the world’s second-largest economy is worrying many countries, especially the US. Industrial output in China has declined, so have property sales. Premier Li Keqiang warned that the economy faces severe challenges in 2014, yet the government has kept its target unchanged, and is aiming for a 7.5 percent growth.

(This story appears in the 18 April, 2014 issue of Forbes India. To visit our Archives, click here.)

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