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The Dying Engine Of World Growth Explained

 1 min read / 


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.

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