USEUROPEAFRICAASIA 中文双语Français
Home / Comment

Poor global outlook won't affect economy

By Mei Xinyu | China Daily | Updated: 2019-01-15 08:00

In terms of real economic performance, the year 2018 was "terrible" for the world. While it will take some time for the countries to publish their GDP, trade and other economic data for 2018, some major economies are expected to maintain positive growth. But the extremely volatile stock markets worldwide can be taken as a "barometer" of the world economy, and it shows that investors suffered huge losses.

Besides, the rise in primary commodities' prices, represented by oil in the first three quarters of 2018, has dealt a blow to consumers. In particular, because of the volatility of the stock markets - from China to the US to other major economies - the total market value loss last year could reach up to $20 trillion.

Stock market turmoil to hurt real economy

Poor global outlook won't affect economy

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US