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The asynchrony is handled by the OS - the node single-threaded application is executing in parallel with the database process. The concurrency is handled by Node - running other code in the event loop and deferring checking the query result until later. Depends on the application and the underlying technology.
Node is faster than angular and also it is completely server side. Node is a cross platform runtime library for javascript. Whereas, angular is a framework for dynamic web apps.