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NOTHING IS PERMANENT EXCEPT CHANGE

Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy

  • Nearly 20 percent of China's exports go to the U.S.
  • If a trade war ensues with the U.S., China's GDP growth would drop 0.5 percent and could continue to fall as things heat up, the IMF warns.
  • China's debt-to-GDP has ballooned to more than 300 percent from 160 percent a decade ago.
  • Chinese officials now warn of a financial-sector debt bubble that's waiting to burst.

OTHER NEWS

U.S. Trade Talks With China Are Very ‘Dynamic,’ Perdue Says

19/03/2019, 5:33 AM

China has offered the U.S. some “very attractive numbers” for purchases of farm goods as part of “dynamic” trade talks, but there are still concerns over areas such as biotechnology, according to U.S. Agriculture Secretary Sonny Perdue. While parts of the agriculture deal are done, the U.S. is still ironing out details including how commitments […]

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Ông Donald Trump đã vượt lên dẫn trước bà Hillary Clinton

2/11/2016, 5:36 AM

Cuộc thăm dò được thực hiện bởi ABC News/Washington Post cho thấy Trump dẫn trước 1 điểm phần trăm so với bà Clinton. Đây cũng là lần đầu tiên kể từ tháng 5 ông vượt lên dẫn trước trong khảo sát của ABC/Washington Post.

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