IMF raises its China growth forecast
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Renewed U.S.-China trade tensions pose a "material" downside risk to the economic outlook, making it more important that the U.S. central bank cut its benchmark interest rate, Federal Reserve Governor Stephen Miran said on Wednesday.
The IMF said Tuesday that a "rebalancing" of China's economy through fiscal measures targeting social spending and property would help battle deflationary pressure, as growth in the country is forecast to slow.
Mutually assured destruction between the world’s two biggest economies, with $45 trillion of annual output, is in no one’s best interest.
WASHINGTON (Reuters) -Renewed U.S.-China trade tensions pose new downside risks to the economic outlook, making it more important that the U.S. central bank cut its benchmark interest rate, Federal Reserve Governor Stephen Miran said on Wednesday.
Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
A raft of key indicators missed expectations amid sluggish domestic demand and Beijing’s anti-involution campaign.
The fresh flare-up in trade tensions between the United States and China is a big risk to the outlook for Thailand's economic growth, the country's deputy central bank governor said, adding there was little room left to lower rates further.
In the first three quarters of this year, China's food trade with partner countries and regions involved in the BRI reached 915.24 billion yuan ($128.45 billion), up 2.5 percent year-on-year, according to Customs statistics.
China’s economic activity slowed more than expected across the board in August, adding to the likelihood that policymakers will roll out more stimulus to hit the official growth goal.
Next, the editorials insist that China is profoundly resilient. They note risks, including American protectionism and weak consumer demand at home, but treat them almost as inconveniences. One editorial repeats Mr Xi’s line that “China is an ocean, not a pond”—big enough, that is, to weather any turbulence.