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Added on the 04/02/2016 15:30:05 - Copyright : Reuters EN
Beijing / Shanghai, Aug 7 (EFE/EPA).- China's trade with the rest of the world grew by 11.5 percent year-on-year in July, official data published on Saturday showed.However, the customs data indicated that the growth rate from a year earlier has slowed down.Yuan-denominated exports grew 8.1 percent last month to 1.82 trillion yuan ($281.6 billion), and imports increased 16.1 percent to 1.45 trillion yuan ($224.4 billion). (Camera: ARCHIVE).ARCHIVE FOOTAGE OF THE CITIES OF BEIJING AND SHANGHAI, CHINA.
Ahead of the Chinese New Year holiday, bonuses, spending and pork prices are all down, a sign that Chinese consumers are tightening their belts. Jane Lanhee Lee reports.
Global growth is set to be higher than expected this year, the IMF said Monday, raising its forecast on surprisingly strong consumption and investment while China's lifting of zero-Covid restrictions provides another boost. SOUNDBITE
The European Central Bank President Christine Lagarde warns that growth in the eurozone risks slowing further, while inflation could continue to rise beyond recent record highs. SOUNDBITE
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year and next, while warning that the situation could get much worse. SOUNDBITE
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