HONG KONG (MarketWatch)
Fitch Ratings on Friday lowered its 2012 growth
target for China to 7.8% from 8% and said it does not expect a hard landing as
authorities have the scope to use fiscal and monetary policies to ward off a
harsh downturn
The ratings agency acknowledged that slowing exports were
dampening China's growth, but said the cooling underway was also a product of
the central government's effort to squeeze consumer and house price inflation
out of the system
Welcome
José Ruiz Varela, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
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