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BerichtGeplaatst: 13-07-2018 04:36:52    Onderwerp: Landon Collins Jersey Reageren met citaat
KUALA LUMPUR Authentic Ereck Flowers Jersey , July 24 (Xinhua) -- The International Monetary Fund (IMF) on Monday revised up China's growth forecast for 2017 and 2018 to 6.7 percent and 6.4 percent respectively.


The updated World Economic Outlook report, which came days after China posted a stronger-than-expected second quarterly performance, was a reflection of a solid first quarter underpinned by previous policy easing and supply-side reforms, including efforts to reduce excess capacity in the industrial sector, the IMF said.


China has set its full-year growth target at "around 6.5 percent." The 6.7-percent forecast will leave the world's second-largest economy on a par with its growth level in 2016.


The fund also revised up China's economic forecast for 2018 by 0.2 percentage point to 6.4 percent Authentic Darian Thompson Jersey , citing expectations that China may maintain high public investment and delay fiscal adjustment to meet its target of doubling the 2010 real gross domestic product (GDP) by 2020.


But the IMF also warned against strong credit growth that may come with rising downside risk to medium-term growth.


Maurice Obstfeld, chief economist of the IMF, recommended China go through a very important rebalancing process, which will inevitably entail a slowing path of growth.


He said China's recent moves to redress non-performing loans and a coordinated financial oversight overhaul are welcome.


The revision followed an April upgrade by the IMF on China's GDP growth forecast to 6.6 percent and 6.2 percent for 2017 and 2018 respectively, 0.1 percentage point and 0.2 percentage point higher than its forecast in January.


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WASHINGTON, June 29 (Xinhua) -- U.S. real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2017, said the U.S. Commerce Department on Thursday, but it was still the worst performance since the second quarter of last year.


The growth rate was revised up from two previous gauges of 1.2 percent and 0.7 percent, according to the final assessment of the economy for the period issued by the Commerce Department.


The higher growth rate was mostly driven by unexpectedly higher consumer spending and a hike in exports.


Consumer spending Authentic Eli Apple Jersey , which accounts for two-thirds of the U.S. economic activities, increased by 1.1 percent in the first quarter, almost double the 0.6 percent last month, but remains the weakest reading since the second quarter of 2013.


U.S. exports growth rate for the period was also revised up to 7.0 percent from an earlier 5.8 percent.


Despite the upward revision to GDP, U.S. economic performance was still lackluster compared with other developed economies. The economic growth rate of the United States in the first quarter was only higher than that of Britain and Japan among G7 countries.


Also Authentic Wayne Gallman Jersey , in recent years the U.S. economy has tended to underperform in the first quarter relative to the rest of the year due to statistical issues. The government has said it is working to resolve those issues.


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by Eric J. Lyman


ROME, Dec. 18 (Xinhua) -- Facing what some economists say could be a "lost decade", the fate of the European Union's most debt-ridden countries could depend on the steps governments take in the coming year.


The recent economic signals coming out of Greece Authentic Davis Webb Jersey , Ireland, Italy, Portugal, and Spain have been mixed.


All the countries except Spain have debt-to-GDP ratios of at least 100 percent, according to statistics from the World Bank Authentic Dalvin Tomlinson Jersey , making them subject to refinancing debt on fickle markets. They all suffer from slow growth, high unemployment levels, and overly cautious banking sectors.


Ireland appears to be the healthiest of the bunch. The country exited its EU bailout program earlier this month, and the economy is growing. But property values remain deflated and debt levels are approaching 125 percent of the country's GDP, a level economists say is unsustainable.


Italy and Spain are also on the mend Authentic Evan Engram Jersey , with some upgrades from rating agencies bolstering investor confidence. But statistics show the strength of the recovery in those countries varies widely from one economic sector to another, and growth rates predicted for 2014 may fail to even keep track with population growth. Portugal is further behind, but on a similar path.


The Greek government, meanwhile, is being kept solvent mostly due to bailout funds from the European Central Bank. Nevertheless Landon Collins Jersey , Greece's Central Bank is predicting positive economic growth for 2014 as a whole. At the very least, the Greek economy is shrinking slower than it had been.


The gradual economic turnaround in North America should help Europe's export sector, economists said.


But according to Luigi Pugliese, managing director for the Italian offices of consultants Booz and Co., much of the positive signals come from short-term thinking from economic planners.


"There's too much thinking about the.
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