Coronavirus: French growth could be impacted

Coronavirus: French growth could be impacted

According to the Minister of the Economy Bruno Le Maire, the coronavirus epidemic which is currently raging risks costing France 0.1 point of growth in 2020. A forecast that could worsen if the situation does not improve. Appeared in the heart of China, the coronavirus could impact French growth. On Thursday, the Minister of the Economy Bruno Le Maire affirmed that the epidemic which worries the whole world, should cut French growth by 0.1 percentage…

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Chinese growth at its lowest for 13 years

Chinese growth at its lowest for 13 years

GDP only grew by 7.8% in 2012, compared to 10.4% in 2010 and 9.3% in 2011. The Chinese economy last year saw its weakest growth in 13 years at 7.8%, as domestic demand was unable to offset the slowdown in exports, despite a rebound in the last quarter. The increase in the gross domestic product (GDP) of the world’s second-largest economy was still 10.4% in 2010 and 9.3% in 2011. It had slowed for seven…

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Slower growth in China

Slower growth in China

China on Monday announced a slowdown in its growth to 7.7% year-on-year in the first quarter, a result below the expectations of analysts worried about the weaknesses of the world’s second-largest economy. The slowdown in Chinese growth to 7.7% year-on-year in the first quarter worried analysts, who had mostly predicted a slight acceleration in the increase in gross domestic product (GDP) in China compared to the last quarter, the median value of the panel of…

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The BRICS are in a growth crisis

The BRICS are in a growth crisis

Everyone will agree, the BRICS (acronym for Brazil, Russia, India, China and South Africa) are the future of the world. Their demographic power and their economic weight make them engines of global growth. But the vitality of their economies is not so obvious. China stunned economic forecasters by announcing a March trade deficit of $ 884 million and slowing growth to 7.7% in the first quarter. The fragility of its financial system prompted the Fitch…

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China is aiming for a growth rate of… 7.5% in 2013!

China is aiming for a growth rate of… 7.5% in 2013!

China’s economy is “doing well”, even though the “super-fast” growth phase is likely over, said Chinese President Xi Jinping, who is targeting a 7.5% growth rate for 2013. China’s economy “is doing well”, although the phase of growth at an “ultra-fast” pace is likely over, Chinese President Xi Jinping said on Monday (April 8th). “I do not believe that we will be able to maintain economic growth at an ultra fast rate and this is…

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