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Economy
In reply to the discussion: STOCK MARKET WATCH -- Wednesday, 25 July 2012 [View all]xchrom
(108,903 posts)26. IMF: Worsening eurozone crisis a 'key risk' to China
http://www.bbc.co.uk/news/business-18978623
The International Monetary Fund (IMF) has warned that the worsening debt crisis in the eurozone poses a "key risk" to China's growth.
The IMF added that China also faces domestic risks, not least from a sharper-than-anticipated decline in the property market.
However, the fund said China had ample room and the fiscal tools "to respond forcefully" to any such developments.
Growth in China's economy slowed to a three-year low in the second quarter
The International Monetary Fund (IMF) has warned that the worsening debt crisis in the eurozone poses a "key risk" to China's growth.
The IMF added that China also faces domestic risks, not least from a sharper-than-anticipated decline in the property market.
However, the fund said China had ample room and the fiscal tools "to respond forcefully" to any such developments.
Growth in China's economy slowed to a three-year low in the second quarter
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