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Latest Articles in chinese economy

Moody's Revised Forecasts Highlight No Growth In Japan, Slower Growth In China

Moody's forecast for Chinese real GDP growth at less than 5 per cent assumes that normalisation of economic activity will take time.

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China's Passenger Car Sales Tumble 92% In First Half Of February Due To Virus Outbreak

China's auto market is likely to see sales slide more than 10% in the first half of the year due to the coronavirus epidemic, and around 5% for the whole year, provided the epidemic is effectively contained.

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Coronavirus Seen Shaving 0.2% Points Off Japan's 2020 GDP Growth

Core consumer inflation, which excludes volatile fresh food costs, is expected to be 0.6% in the current fiscal year and be at 0.5% the following year, the poll found, far below the BOJ's 2% inflation target.

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Chinese Economy Clobbered By Coronavirus But Set To Recover Soon

China's share of the global economy has quadrupled to 16% since the SARS outbreak, so any major disruption to economic activity is likely to have a bigger impact on the world economy now.

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Coronavirus Likely To Hurt Euro Zone, UK Growth - S&P Global

Should the coronavirus peak in March, as is currently assumed, the shock to the European economy is likely to be felt mostly in the first quarter of the year, S&P said, although sectors like tourism could take more time to recover.

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Sleeping Giant Awakens? Downside Risks For Euro Grow

The U.S. economy is outperforming its European counterpart while the impact of the coronavirus on the Chinese economy and consequently the German economy, Europe's powerhouse, has yet to show up in data.

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China's Central Bank Vows To Step Up Support For Virus-Hit Economy

The People's Bank of China is closely watching the impact of the outbreak on the world's second-largest economy, and is preparing policy tools to offset the pressure, Vice Governor Pan Gongsheng told a news briefing on Friday.

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Wall Street Recovery Continues On China Stimulus Measures

China injected 1.7 trillion yuan ($242.74 billion) via reverse repos on Monday and Tuesday, helping Chinese stocks reverse some losses and lifting the world equity index.

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China Central Bank Says Huge Cash Injections To Stabilise Market Expectations, Restore Confidence

The central bank said the larger-than-expected liquidity injection should push money market and bond yields down, and reduce financing costs and ease financial pressure on small, micro businesses.

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Coronavirus To Hurt Spending In China With Spillover To Global Companies: Moody's

By sector, Coronavirus will likely have the largest negative impact on goods and services sectors within and outside of China that rely on Chinese consumers and intermediary products.

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Xi Pledges To 'Step Up' Opening China's Markets As Criticism Grows

China's President Xi Jinping said that China would seek to "step up" moves to stimulate domestic consumption of imports, lower tariffs, ease customs clearance procedures, and implement harsh punishments for intellectual property infringements, among other measures

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US And Chinese Economies To Face A Very Challenging 2019

There are ominous signs that the US And Chinese Economies are likely to face a challenging 2019 (and 2020) - to the detriment of the global economy (and in particular, posing significant downside risks for several emerging economies in Asia)

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India To Be An Economic Superpower

The passage of Goods and Services Tax Bill will have a significantly positive impact on economy and economic growth

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The Resurgence Of Global Markets

India is largely insulated from the global turmoil and may, in fact gain, as investors view it positively

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A Banker's Nightmare & How Technology Can Help

When it comes to large corporate lending, technology plays a pivotal role in strengthening bank corporate loan origination processes and subsequent credit monitoring.

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