All articles for the topic: economy

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China's economic growth slows to 6.9%

China's economy grew 6.9% in the third quarter, the weakest rate since the global financial crisis.
The year-on-year growth rate is also below the government's 7% target.
Though slightly above expectations, the data is expected to raise pressure on policymakers to step up monetary policy to stem the slowdown.
China's economy has been hit by extreme stock market volatility over the summer and weak economic data, causing concern on markets around the world.
Most analysts were expecting growth figures of 6.8% for the July to September period.

E.C.B. Stimulus Calls for 60 Billion Euros in Monthly Bond-Buying

FRANKFURT — The European Central Bank said on Thursday that it would begin buying hundreds of billions of euros worth of government bonds in an aggressive — though some say belated — attempt to prevent the eurozone from becoming trapped in long-term economic stagnation.

China Is at a Critical Tipping Point

Asia Pacific
Nouriel Roubini: China Is at a Critical Tipping Point
China's growth model is not sustainable but many of the
necessary reforms are on hold. "President Xi first wants to
consolidate his power, before tackling them," says economist
Nouriel Roubini. Watch our exclusive video interview to find out
more.
China's growth has been slowing down. Why do you think this slowdown will continue?
Nouriel Roubini: Even the Chinese authorities realize that their growth model, which contains

Manuel Valls wins German praise for plan to reform French economy

Manuel Valls has used his first visit to Berlin as French prime minister to try to convince Germany that his government is serious about making its economy more competitive, declaring that France “is not the sick child of Europe”.

The German chancellor, Angela Merkel, praised the reforms he outlined, but said it was up to the European commission to judge whether Paris should be granted yet more time to bring its public deficit down to EU treaty limits.

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