May 18, 2016

The Dying Engine Of World Growth Explained

   May 18, 2016

The Dying Engine Of World Growth Explained

China_exports,_year-on-year_change_China_year-over-year_export_change,_%__TMMChart.png

Trader’s remarks: China often referred to as “the engine of global growth” as it exports heavily to the rest of the world. However, as global demand slows down, China is selling less to the world as reflected in the chart. This year Chinese exports have seen their sharpest drop in almost seven years, adding to concerns over the health of the world’s second largest economy. Falling exports have raised new fears over China struggling to maintain economic growth while implementing reforms and trying to shift towards more services and domestic spending.

Get articles like this straight to your inbox each morning with our Breakfast Briefing. Sign up by clicking here!

Log in with your details

or    

Forgot your details?

Create Account

Send this to friend