Slowing growth in China raises red flag for global economy

Discussion in 'Market News' started by Lily, Oct 19, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Stock markets and oil prices slide backwards on release of official figures showing lowest expansion for six years

    China’s economic growth slowed in the latest quarter to a six-year low of 6.9%, adding to concerns that the world economy is entering a period of low growth that will extend into next year.

    One economic forecaster immediately cut its global growth forecasts for 2016 in response to the official figures from China, while stock markets and oil prices slid backwards.

    Related: Chinese economic slowdown or a slow rebalancing?

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