Inscrit le: 06 Mar 2018
| Posté le: Sam 25 Aoû - 10:18 (2018) Sujet du message: Augusto Fernandez Jersey
|EDS: Updated with quotes of David Dollar.
BEIJING， April 16 (Xinhua) -- International confidence in China's economic future obviously improved following the release of key statistics for its economic performance in the first quarter on Friday， as people outside China have come to accept China's "new normal" of slower growth between 6.5 percent and 7 percent.
David Dollar， senior fellow at the John L. Thornton China Center， Brookings Institution， said Chinese authorities have "done something" on the macro level to stabilize the situation over the last couple of months.
"If you go back three months or so ... there was a real worry around the world about a hard landing in China. There have been the missteps in the exchange market. There was the worry about an unruly devaluation，" he said.
"Chinese economic data is showing signs of stabilization， including recent PMI numbers， as well as the latest figures on industrial production and retail sales，" Suan Teck Kin， an economist with the United Overseas Bank in Singapore， was quoted by Reuters as saying.
"All this obsession with a Chinese hard-landing I think is a bit too much，" Suan said.
China's gross domestic product grew by an annualized 6.7 percent in the first quarter， with March industrial output surprising at 6.8 percent.
Its exports grew by 11.5 percent in March， the first expansion since June， though a lower base last year and seasonal factors associated with the Chinese New Year may be some distorting factors.
Retail sales in the first quarter rose by 10.3 percent from a year before， up from 10.2 percent in the previous quarter.
"The latest data are strong enough to show that despite its prolonged slowdown， China remains a main engine of global growth，" the Associated Press reported.
The AFP also said that "green shoots (are) appearing" even though the quarterly growth has slowed.
Challenges remain as China tries to push through a transition from growth driven by investment and exports to growth led by consumption and the services sector.
Some of the observers voiced concerns over the rise in corporate debt while acknowledging the signs of recovery.
However， the International Monetary Fund (IMF) said in a report on Wednesday that China's corporate debt risks are rising but still manageable.
The IMF report said risks are concentrated in five sectors such as real estate， manufacturing， retail and wholesale， mining and steel， where earnings relative to interest expense have fallen despite declining nominal interest rates.
It estimates that bank loans potentially at risk in China amount to almost 1.3 trillion U.S. dollars， which could translate into potential bank losses of 756 billion dollars.
"This number may seem large but it is manageable， given China's bank and policy buffers and continued strong growth in the economy，" said Jose Vinals， director of the IMF's monetary and capital markets department.
In its latest quarterly forecast released earlier this week， the IMF raised its China growth projections for both 2016 and 2017 by 0.2 percentage point， a bright spot amid sluggish global growth.
Economists and analysts agree that the Q1 growth， though slowest in seven years， is in line with market expectations.
Chen Fengying， world economy research fellow with the China Institute of Contemporary International Relations， said people outside China have gradually come to accept the "new normal" of China as the authorities increased their communication efforts on the economic policies.
"The economists and investors outside China no longer expect 9 percent or faster growth，" she said. "It is a process of China's messages of policy adjustments getting through to international investors."
(Xinhua correspondent Gao Pan based in Washington contributed to this report.)
This is so difficult when you have to repent the car damages when it got stuck with something accidentally. As everybody is so attached to their own car and the dents on the car is just not happening. And more stressing thing is that after spending a large amount of money on the car damages Sean Doolittle Jersey , it just not looks the same as it was before. But don’t worry about this thing because we do have great alternative of this problem and which is Windscreen Repair London. They are basically professionals who take care of your car damages and make it new as it was before. And believe me Santiago Casilla Jersey , you will be amazed to see the condition of the car and cannot imagine that it met with the horrible accident before.
London bodyshop ensures the reliability and most importantly makes you feel secure after getting the service from them. They actually adopt the latest techniques when repair your car dents and out of all Rollie Fingers Jersey , one which is very popular and that is paintless dent removal. May be you have not heard about it but surely well- known in the car repair professionals. It is abstractly simple where you don’t get any need to use tough services on it which takes quite a long time like using grinding Rickey Henderson Jersey , sanding Reggie Jackson Jersey , or painting. They also work in the car and dent repair but do not come out with the same result as paintless dent removal works. Well Matt Joyce Jersey , I can’t say it’s a new technique but it is quite effective. Though it is in use and used by many companies and moreover after each and every day different technique came out with new innovation. And that’s what the London Bodyshop is basically famous for. They always go to try new things with the effective result with the best tools and progress in automation.
What is the specialty about the Windscreen Repair London?
This could be very obvious question from the customer point of view. Actually the services provided by the Windscreen Repair London are actually the more worth work than you spend your money on them. They have full dedication towards their work and this re. Soccer Jerseys Cheap MLB Jerseys Wholesale NHL Jerseys From China NFL Jerseys China College Jerseys China NBA Jerseys Wholesale Soccer Jerseys From China College Jerseys China MLB Jerseys From China NHL Jerseys From China