Premier Li Keqiang's plan to have slower but better balanced growth has run into difficulties and Beijing's struggle to transform its economic model has prompted fears that the world's second - biggest economy could be the source of
the next global downturn.
Not exact matches
«There's a very high probability in the
next six years that there's going to be a
global downturn, or at least a North American
downturn,» says Michael Dolega, a senior economist with TD.
The grim bottom line (for those emerging from recently melted ice caves): Bring carbon dioxide emissions under control within the
next few years or face serious consequences, including rising sea levels, reduced agricultural productivity and a
global economic
downturn.
The plateau will persist — and the
next shift seems set to be to yet cooler
global influences as a solar
downturn is amplified through terrestrial systems.
Svensmark sees no chance in that the
next IPCC report that is due
next month, will revise its opinion on the sun's influence, or that IPCC will
downturn the forthcomming large
global warming.
2 - barring a major and unexpected
global financial crisis (hint: Brexit is not it), any
downturn that hits us in the
next 1 - 3 years will be primarily tech driven.
Hefty tax cuts, stepped - up government spending and robust
global growth should help insulate the economy against a
downturn over the
next two years, in spite of last week's stock - market swoon.
Hefty tax cuts, stepped - up government spending and robust
global growth should help insulate the economy against a
downturn over the
next two years.