china slowdown ‘normal’ but bumps ahead
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Chief Christine Lagarde:

China slowdown ‘normal’ but bumps ahead

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today China slowdown ‘normal’ but bumps ahead

China's economy in 2015 slumped to its lowest annual expansion rate in 25 years
Davos - Arab Today

Lagarde told the World Economic Forum in the Swiss ski resort of Davos that China’s transition to an economy led by consumer demand instead of state investment was unlikely to lead to a “hard landing” for the world’s second-largest economy.

The Chinese government announced this week that its economy grew by 6.9 percent in 2015, the slowest rate in a quarter of a century.

Lagarde told a panel on the final day of the Davos meeting: “We are not seeing a hard landing… We are seeing an evolution, a big transition which is going to be bumpy.

“We have to get used to it and it’s a very normal and proper way to actually move towards a more sustainable and a more quality growth, we all hope,” she said.

Even before the growth figures were released, worries of a weak Chinese economy had sown fears across global markets.

Share prices have been plummeting since January 1, with low oil prices also having a negative effect as a supply glut destabilises fragile energy-producing countries.
Lagarde told the World Economic Forum in the Swiss ski resort of Davos that China’s transition to an economy led by consumer demand instead of state investment was unlikely to lead to a “hard landing” for the world’s second-largest economy.

The Chinese government announced this week that its economy grew by 6.9 percent in 2015, the slowest rate in a quarter of a century.

Lagarde told a panel on the final day of the Davos meeting: “We are not seeing a hard landing… We are seeing an evolution, a big transition which is going to be bumpy.

“We have to get used to it and it’s a very normal and proper way to actually move towards a more sustainable and a more quality growth, we all hope,” she said.

Even before the growth figures were released, worries of a weak Chinese economy had sown fears across global markets.

Share prices have been plummeting since January 1, with low oil prices also having a negative effect as a supply glut destabilises fragile energy-producing countries.
Source: AFP

almaghribtoday
almaghribtoday

GMT 18:34 2017 Wednesday ,27 December

Shaath reveals opening date of Metro third line

GMT 14:54 2017 Saturday ,23 December

Brazil to maintain control over Embraer

GMT 13:32 2017 Tuesday ,12 December

Senate tax plan would boost revenue $1.8 tn

GMT 13:52 2017 Monday ,27 November

Brexit without EU trade deal 'not end of world'

GMT 18:44 2017 Tuesday ,21 November

Nader Mohamed underlines World Bank's support

GMT 12:46 2017 Wednesday ,08 November

Al Walwel says Palestinian people able

GMT 18:48 2017 Monday ,06 November

UK queen's offshore investments

GMT 14:53 2017 Thursday ,02 November

Hong Kong skyscraper sold for record $5.15 bn
Almaghrib Today, almaghrib today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china slowdown ‘normal’ but bumps ahead china slowdown ‘normal’ but bumps ahead

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china slowdown ‘normal’ but bumps ahead china slowdown ‘normal’ but bumps ahead

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 17:08 2018 Tuesday ,23 January

Sundance debuts dark tale of triplets split at birth

GMT 10:23 2018 Tuesday ,23 January

Louvre Abu Dhabi replaces Gulf map that omitted Qatar

GMT 10:51 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 10:33 2017 Wednesday ,21 June

King Salman appoints son as Saudi Crown Prince

GMT 06:27 2013 Tuesday ,13 August

Fatfat very proud of 2006 accomplishments

GMT 08:58 2017 Thursday ,27 July

Actor Mahmoud Abdel Moghni does not care

GMT 22:28 2017 Saturday ,28 January

Fatma Al Nabhani storms into final of Egypt tournament

GMT 15:18 2012 Wednesday ,21 March

2013 Hyundai Santa Fe (ix45) leaked again

GMT 13:22 2011 Tuesday ,12 July

Sofia, Ankara pull strings for Nabucco

GMT 13:52 2014 Monday ,03 November

Cross time and space for love’s embrace

GMT 13:51 2014 Monday ,03 November

Rafael Arcaya Cruzado releases 'Maria'

GMT 14:46 2017 Monday ,01 May

Microsoft creates 'Dubai Font' typeface

GMT 17:02 2017 Saturday ,01 April

Tunisians revive heritage in weaving of carpets

GMT 10:24 2017 Thursday ,29 June

Duet between Maged Al Mohandes and Amal Maher
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube
.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday