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Added on the 23/02/2021 13:00:00 - Copyright : EFE Inglés
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
The IMF downgrades its forecast for global economic growth this year, citing the impact of the Omicron variant of Covid-19, which contributed to a slowdown in the United States and China. World GDP is forecast to expand 4.4 percent this year, half a point lower than its previous estimate released in October, says IMF First Deputy Managing Director Gita Gopinath. SOUNDBITE
Shanghai (China), Oct 5 (EFE/EPA).-(Image: Alex Plavevski) The indebted group Evergrande is negotiating the sale of 51 % of the subsidiary Evergrande Property Services to the conglomerate Hopson Development.FOOTAGE OF HOPSON DEVELOPMENT IN SHANGHAI.
Beijing, Sep 29 (EFE/EPA).- Founded in 1994, R&F Group is headquartered in Guangzhou, China, and is now a diversified conglomerate engaged in real estate development. Financial analysis shows that many Chinese property development companies can potentially face a debt crisis like the recent one with real estate developer Evergrande Group, which is struggling under huge debt. (Camera: WU HONG). SHOT LIST: R&F PLAZA AND R&F CENTER, IN BEIJING, CHINA.
Beijing, Sep 28 (EFE / EPA) .- (Camera: Roman Pilipey) The People's Bank of China set itself the objective of maintaining a "healthy development" of the country's real estate market at a time in which the sector is plunged into uncertainty by the crisis of the indebted giant Evergrande.FOOTAGE OF THE BCP.