China warns that the trade war enforced by the US will slow down the global economy

China warns that the trade war enforced by the US will slow down the global economy

Beijing: China has warned that the intensifying trade war started by the United States will result in a global economic slowdown. The Chinese economic growth rate has seen a decline for the second consecutive quarter, and it is being attributed to the trade war with the United States. US President, Donald Trump has warned of […]

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Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]

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Spiralling levels of debt may trigger global economic crisis, warns outgoing German finance minister

Spiralling levels of debt may trigger global economic crisis, warns outgoing German finance minister

Berlin: The outgoing German Finance Minister, Wolfgang Schaeuble, gave serious indications saying that the Central Banks like the European Reserve Bank and the US Federal Reserve have been attempting to inject trillions of dollars into the financial markets. Their attempts are giving rise to the formation of ‘new bubbles‘ which in itself is an invitation […]

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China’s ‘One Belt One Road’ project is a danger to the world economy, warn economists.

China’s ‘One Belt One Road’ project is a danger to the world economy, warn economists.

Beijing : Economists have warned that Chinese President Xi Jinping’s ambitious ‘One Belt One Road’ Project is posing a danger to  the global financial system. Government banks of China are trying to raise funds to be issued as loans to the deprived and potentially dangerous countries. Economist Xu Chenggang and Bjorn Conrad have raised their […]

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Relief for global economy as Japan delivers record performance, ‘3-Arrows’ strategy of Abenomics paying off.

Relief for global economy as Japan delivers record performance, ‘3-Arrows’ strategy of Abenomics paying off.

Tokyo : Record performances posted by Japan, the world’s third largest economy, has grabbed the attention of the world. Since the start of 2016, Japan’s economic growth rate has been on the rise, a feat achieved for the first time in more than a decade. With a growth rate of 4 percent, Japan has outperformed […]

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The head of the International Monetary Fund will be in Beijing in the next ten years

The head of the International Monetary Fund will be in Beijing in the next ten years

Washington : Christine Lagarde, managing director of the IMF (International Monetary Fund) envisioned that if Chinese economy continues to grow at the same pace, there is a possibility that within a decade the headquarters of the ‘International Monetary Fund’ could be based in Beijing instead of Washington D.C, It is being claimed that over the next few years […]

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Unless the economy improves, China’s GDP could see a drop of 3% : IMF

Unless the economy improves, China’s GDP could see a drop of 3% : IMF

Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]

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Economists warn Italy’s economy could be like Greece due to banking crisis

Economists warn Italy’s economy could be like Greece due to banking crisis

Rome/Brussels : European economists and analysts have claimed that as the Italian banking sector is overburdened with a debt of 350 billion,  the Italian economy could also tumble down like that of Greece. The Italian economy is the 3rd largest economy in the ‘Eurozone’. The instability of this economy may lead to uncertainty in the entire […]

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